Cohen & Steers (CNS) interim CFO receives 187 dividend-equivalent RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cohen & Steers, Inc. interim CFO and SVP Michael T. Donohue reported acquiring 187 shares of common stock at no cost. These were dividend equivalent restricted stock units credited in connection with the company’s second quarter 2026 dividend on his existing unvested RSU awards. Following this credit, Donohue directly holds 32,511 shares of common stock. This is a routine, compensation-related adjustment rather than an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Donohue Michael T.
Role
Interim CFO, SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 187 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 32,511 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 187 shares
Grant price: $0.00 per share
Shares held after transaction: 32,511 shares
+1 more
4 metrics
RSUs granted
187 shares
Dividend equivalent restricted stock units on Q2 2026 dividend
Grant price
$0.00 per share
Reported acquisition price for RSU dividend equivalents
Shares held after transaction
32,511 shares
Total direct Cohen & Steers common stock held by Donohue
Transaction date
May 21, 2026
Date of credited dividend equivalent RSUs
Key Terms
restricted stock units, dividend equivalent, second quarter 2026 dividend
3 terms
restricted stock units financial
"unvested restricted stock units granted in May 2023, January 2024, January 2025, October 2025 and January 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent financial
"acquisition of dividend equivalent restricted stock units in connection with the issuer's second quarter 2026 dividend"
A dividend equivalent is a payment someone receives that matches the cash dividends paid on a stock, even though they don’t actually hold the shares. It often shows up in stock-based pay or certain derivatives, and matters to investors because it preserves the income value and alters the after-tax return and timing of payouts — think of it like getting a paycheck for the dividends you would have earned if you owned the stock directly.
second quarter 2026 dividend financial
"in connection with the issuer's second quarter 2026 dividend and accrued to the reporting person"
FAQ
What did Cohen & Steers (CNS) interim CFO Michael Donohue report in this Form 4?
Michael Donohue reported the acquisition of 187 shares of Cohen & Steers common stock. These came as dividend equivalent restricted stock units tied to the company’s second quarter 2026 dividend on previously granted unvested RSUs, not from an open‑market purchase.
Why did Michael Donohue receive additional Cohen & Steers (CNS) restricted stock units?
The additional units reflect dividend equivalents on unvested restricted stock units from grants in May 2023, January 2024, January 2025, October 2025, and January 2026. When the second quarter 2026 dividend was paid, corresponding RSUs were credited to keep his awards economically aligned with cash dividends.
Was Michael Donohue’s Cohen & Steers (CNS) Form 4 transaction an open‑market trade?
No, the filing shows a compensation-related acquisition, coded as a grant or award. The 187 shares are dividend equivalent restricted stock units credited at $0.00 per share, not shares bought or sold in the open market for cash consideration.