Cohen & Steers (CNS) director granted 440 fully vested RSU shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aggarwal Reena reported acquisition or exercise transactions in this Form 4 filing.
COHEN & STEERS, INC. director Reena Aggarwal received an award of 440 shares of common stock underlying restricted stock units granted by the company. These units were 100% vested on the grant date, and the related shares will be delivered to her on the third anniversary of that date. Following the award, she directly holds 17,061 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Aggarwal Reena
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 440 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,061 shares (Direct)
Footnotes (1)
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Key Figures
RSU shares granted: 440 shares
Shares after transaction: 17,061 shares
Vesting status: 100% vested
3 metrics
RSU shares granted
440 shares
Common stock underlying restricted stock units granted to director
Shares after transaction
17,061 shares
Total direct common stock holdings following the grant
Vesting status
100% vested
Restricted stock units fully vested on the grant date
Key Terms
restricted stock units, grant, award, or other acquisition, vested
3 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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
vested financial
"Such restricted stock units were 100% vested on the grant date"
FAQ
What insider transaction did Reena Aggarwal report at COHEN & STEERS (CNS)?
Reena Aggarwal reported receiving an award of 440 shares of COHEN & STEERS common stock underlying restricted stock units. The units were granted by the company, fully vested on the grant date, and increase her direct ownership to 17,061 shares after the transaction.
Was the COHEN & STEERS (CNS) Form 4 filing a stock purchase or a grant?
The Form 4 reflects a grant or award acquisition, not an open-market purchase. Aggarwal received 440 shares of common stock underlying restricted stock units granted by the issuer, which were 100% vested immediately, with shares to be delivered on the third anniversary of the grant date.
What are the terms of the restricted stock units granted to Reena Aggarwal at CNS?
The restricted stock units represent 440 shares of COHEN & STEERS common stock. They were 100% vested on the grant date, meaning no additional vesting conditions apply, and the underlying shares will be delivered to Aggarwal on the third anniversary of the grant date.
Does the Form 4 for COHEN & STEERS (CNS) show any stock sales by Reena Aggarwal?
The Form 4 does not report any stock sales by Reena Aggarwal. It shows only an acquisition coded as a grant or award of 440 shares underlying restricted stock units, which were fully vested immediately and increased her direct ownership to 17,061 shares.
Is the restricted stock unit grant to Reena Aggarwal at CNS immediately deliverable?
The restricted stock units were fully vested on the grant date but are not immediately deliverable. The filing states that the 440 underlying shares of COHEN & STEERS common stock will be delivered to Aggarwal on the third anniversary of the grant date.