Cohen & Steers executive granted 811 shares
Cohen & Steers, Inc. reported an insider equity award for President and CIO Jon Cheigh.
Rhea-AI Filing Summary
Cohen & Steers, Inc. reported an insider equity award for President and CIO Jon Cheigh. He received a grant of 811 shares of Common Stock at $0.00 per share, recorded as a compensation-related acquisition rather than an open-market purchase.
The award represents dividend equivalent restricted stock units tied to the company’s second quarter 2026 dividend, accruing on unvested restricted stock units granted in January 2023, 2024, 2025 and 2026. Following this grant, Cheigh directly holds 94,518 shares of Common Stock. Separately, a revocable trust associated with him holds 77,170 shares indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 811 shares
Grant/Award
2 txns
Insider
Cheigh Jon
Role
President and CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 811 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 94,518 shares (Direct);
Common Stock — 77,170 shares (Indirect, By the Jon Young Cheigh 2024 Revocable Trust)
Footnotes (2)
- F1. Shares held by the Jon Young Cheigh 2024 Revocable Trust, a revocable trust, of which Mr. Cheigh and an immediate family member serve as trustees.
- F2. Represents the acquisition of dividend equivalent restricted stock units in connection with the issuer's second quarter 2026 dividend and accrued to the reporting person on unvested restricted stock units granted in January 2023, January 2024, January 2025 and January 2026.
Key Figures
Shares granted: 811 shares
Grant price: $0.00 per share
Direct holdings after grant: 94,518 shares
+3 more
6 metrics
Shares granted
811 shares
Dividend equivalent restricted stock units, Q2 2026 dividend
Grant price
$0.00 per share
Compensation-related equity award, not open-market purchase
Direct holdings after grant
94,518 shares
Common Stock held directly by Jon Cheigh after transaction
Indirect trust holdings
77,170 shares
Held by the Jon Young Cheigh 2024 Revocable Trust
Holding entries
1 entry
One holding line for revocable trust in this Form 4
Acquire transactions
1 transaction
One grant/award acquisition reported in transaction summary
Key Terms
restricted stock units, revocable trust, dividend equivalent, grant, award, or other acquisition
4 terms
restricted stock units financial
"dividend equivalent restricted stock units in connection with the issuer's second quarter 2026 dividend"
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.
revocable trust financial
"the Jon Young Cheigh 2024 Revocable Trust, a revocable trust, of which Mr. Cheigh"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
dividend equivalent financial
"Represents the 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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
FAQ
What insider transaction did Cohen & Steers (CNS) report for Jon Cheigh?
Cohen & Steers reported a compensation-related acquisition for President and CIO Jon Cheigh. He received 811 shares of Common Stock as dividend equivalent restricted stock units tied to the second quarter 2026 dividend on prior RSU grants.
Was Jon Cheigh’s Cohen & Steers (CNS) transaction an open-market purchase?
The transaction was not an open-market purchase. It reflects a grant of 811 dividend equivalent restricted stock units at $0.00 per share, accrued on previously granted unvested RSUs from January 2023, 2024, 2025 and 2026, as part of compensation.
What is the role of the Jon Young Cheigh 2024 Revocable Trust in this Cohen & Steers (CNS) filing?
The Jon Young Cheigh 2024 Revocable Trust holds 77,170 Cohen & Steers shares indirectly. It is a revocable trust where Jon Cheigh and an immediate family member serve as trustees, and these holdings are reported as indirect ownership separate from his direct holdings.
Why did Jon Cheigh receive dividend equivalent restricted stock units from Cohen & Steers (CNS)?
He received dividend equivalent restricted stock units in connection with Cohen & Steers’ second quarter 2026 dividend. These units accrued on unvested restricted stock units originally granted in January 2023, January 2024, January 2025 and January 2026 as part of his equity compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
