Director at Cohen & Steers (NYSE: CNS) receives 440 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Connor Frank T reported acquisition or exercise transactions in this Form 4 filing.
Cohen & Steers, Inc. director Frank T. Connor received a grant of 440 shares of Common Stock in the form of restricted stock units. These units were 100% vested on the grant date, and the related shares are scheduled to be delivered on the third anniversary of that date. Following this award, he directly holds 24,031 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Connor Frank T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 440 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 24,031 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 440 shares
Post-transaction holdings: 24,031 shares
RSU vesting: 100% vested on grant date
+1 more
4 metrics
RSU grant size
440 shares
Common Stock underlying restricted stock units granted to director
Post-transaction holdings
24,031 shares
Common Stock directly held after the award
RSU vesting
100% vested on grant date
Vesting status of restricted stock units
Share delivery timing
Third anniversary of grant date
Scheduled delivery for shares underlying RSUs
Key Terms
restricted stock units, Common Stock, Grant, award, or other acquisition, direct ownership
4 terms
restricted stock units financial
"Represents shares of common stock underlying restricted stock units granted by the issuer"
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.
Common Stock financial
"Represents shares of common stock underlying restricted stock units granted"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
direct ownership financial
"ownership_type": "direct""
FAQ
What insider transaction did Cohen & Steers (CNS) report for Frank T. Connor?
Cohen & Steers reported that director Frank T. Connor received 440 shares of Common Stock through a restricted stock unit grant. The units vested immediately, and the underlying shares will be delivered on the third anniversary of the grant date as part of his equity compensation.
Is the Cohen & Steers (CNS) insider grant a market purchase or a compensation award?
The transaction is a compensation-related award, not a market purchase. The Form 4 describes it as a grant or award acquisition of restricted stock units provided by Cohen & Steers, with no cash price per share and future delivery of the underlying shares.