STOCK TITAN

Cohen & Steers (CNS) EVP gets 13,627 RSUs; 935 shares withheld for tax

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Cohen & Steers Executive Vice President Daniel Noonan reported equity compensation changes on January 30, 2026. The company withheld 935 shares of common stock at $64.58 per share to cover his tax obligations when previously granted restricted stock units (RSUs) vested and delivered common stock.

On the same date, he received 13,627 new RSUs as the mandatorily deferred portion of his 2025 annual incentive performance bonus, at a stated price of $0 per share. These RSUs vest in equal installments over four years, while any dividend-equivalent RSUs vest on the fourth anniversary of the grant. Following these transactions, he directly held 34,920 common shares and indirectly held 895 shares through the Daniel A. Noonan Revocable Trust, where he serves as trustee.

Positive

  • None.

Negative

  • None.
Insider Noonan Daniel
Role Executive Vice President
Type Security Shares Price Value
Tax Withholding Common Stock 935 $64.58 $60K
Grant/Award Common Stock 13,627 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 21,293 shares (Direct); Common Stock — 895 shares (Indirect, By the Daniel A. Noonan Revocable Trust)
Footnotes (1)
  1. Shares held by the Daniel A. Noonan Revocable Trust, a revocable trust, of which Mr. Noonan serves as trustee. Represents the withholding by the issuer of shares of common stock in connection with the reporting person's tax obligations upon the vesting of previously reported restricted stock units ("RSUs") and delivery of the common stock underlying such RSUs. Represents RSUs granted by the issuer to the reporting person constituting the portion of the reporting person's 2025 annual incentive performance bonus that was mandatorily deferred by the issuer. Any dividends paid on the issuer's common stock are paid in additional RSUs (the "dividend RSUs"). The RSUs vest ratably over four years, and the dividend RSUs vest on the fourth anniversary of the grant date of the RSUs.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Noonan Daniel

(Last) (First) (Middle)
1166 AVENUE OF THE AMERICAS

(Street)
NEW YORK NY 10036

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COHEN & STEERS, INC. [ CNS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 895 I By the Daniel A. Noonan Revocable Trust(1)
Common Stock 01/30/2026 F 935(2) D $64.58 21,293 D
Common Stock 01/30/2026 A 13,627(3) A $0 34,920 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares held by the Daniel A. Noonan Revocable Trust, a revocable trust, of which Mr. Noonan serves as trustee.
2. Represents the withholding by the issuer of shares of common stock in connection with the reporting person's tax obligations upon the vesting of previously reported restricted stock units ("RSUs") and delivery of the common stock underlying such RSUs.
3. Represents RSUs granted by the issuer to the reporting person constituting the portion of the reporting person's 2025 annual incentive performance bonus that was mandatorily deferred by the issuer. Any dividends paid on the issuer's common stock are paid in additional RSUs (the "dividend RSUs"). The RSUs vest ratably over four years, and the dividend RSUs vest on the fourth anniversary of the grant date of the RSUs.
Remarks:
/s/ Brian W. Heller, Attorney-in-Fact 02/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did CNS executive Daniel Noonan report?

Daniel Noonan reported two equity-related events: 935 Cohen & Steers (CNS) shares withheld for taxes and 13,627 restricted stock units (RSUs) granted as part of his 2025 incentive bonus, both dated January 30, 2026, affecting his direct shareholdings.

How many Cohen & Steers (CNS) shares does Daniel Noonan own after this Form 4?

After the reported transactions, Daniel Noonan directly held 34,920 shares of Cohen & Steers common stock and indirectly held 895 shares through the Daniel A. Noonan Revocable Trust, where he serves as trustee and which is reported as beneficially owning those shares.

What is the nature of the 13,627 RSUs granted to the CNS executive?

The 13,627 RSUs granted to Daniel Noonan represent the mandatorily deferred portion of his 2025 annual incentive performance bonus. These RSUs vest ratably over four years, and any dividend-equivalent RSUs vest on the fourth anniversary of the original RSU grant date.

Why were 935 Cohen & Steers (CNS) shares withheld on January 30, 2026?

The 935 Cohen & Steers shares were withheld by the issuer to satisfy Daniel Noonan’s tax obligations arising from the vesting of previously reported restricted stock units and the delivery of the underlying common stock, rather than representing an open-market sale transaction.

How are dividends on Daniel Noonan’s CNS RSUs handled?

Any dividends paid on Cohen & Steers common stock linked to Daniel Noonan’s RSUs are paid in additional RSUs, called dividend RSUs. These dividend RSUs are scheduled to vest on the fourth anniversary of the original RSU grant date, aligning with the long-term incentive structure.

What indirect holdings in CNS stock does Daniel Noonan report?

Daniel Noonan reports indirect ownership of 895 Cohen & Steers shares held by the Daniel A. Noonan Revocable Trust. The trust is a revocable trust for which he serves as trustee, and these shares are reported as indirectly beneficially owned on the Form 4 filing.