Cohen & Steers (NYSE: CNS) EVP gains 310 dividend-equivalent shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Noonan Daniel reported acquisition or exercise transactions in this Form 4 filing.
Cohen & Steers, Inc. Executive Vice President Daniel Noonan reported a compensation-related equity award. He received 310 shares of common stock at $0.00 per share as dividend equivalent restricted stock units tied to earlier restricted stock unit grants.
After this award, his direct holdings total 35,761 common shares. In addition, 895 common shares are held indirectly by the Daniel A. Noonan Revocable Trust, a revocable trust for which Mr. Noonan and an immediate family member serve as trustees.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Noonan Daniel
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 310 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 35,761 shares (Direct, null);
Common Stock — 895 shares (Indirect, By the Daniel A. Noonan Revocable Trust)
Footnotes (1)
- Shares held by the Daniel A. Noonan Revocable Trust, a revocable trust, of which Mr. Noonan and an immediate family member serve as trustees. 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 June 2024, January 2025 and January 2026.
Key Figures
Dividend-equivalent RSU shares awarded: 310 shares
Award price per share: $0.00/share
Direct holdings after transaction: 35,761 shares
+1 more
4 metrics
Dividend-equivalent RSU shares awarded
310 shares
Common Stock grant at $0.00 per share
Award price per share
$0.00/share
Grant of dividend equivalent restricted stock units
Direct holdings after transaction
35,761 shares
Common Stock held directly by Daniel Noonan
Indirect trust holdings
895 shares
Common Stock held by Daniel A. Noonan Revocable Trust
Key Terms
dividend equivalent restricted stock units, revocable trust, restricted stock units
3 terms
dividend equivalent restricted stock units financial
"Represents the acquisition of dividend equivalent restricted stock units in connection with the issuer's second quarter 2026 dividend"
revocable trust financial
"Shares held by the Daniel A. Noonan Revocable Trust, a revocable trust, of which Mr. Noonan and an immediate family member serve as trustees"
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.
restricted stock units financial
"accrued to the reporting person on unvested restricted stock units granted in June 2024, January 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.
FAQ
What insider transaction did CNS executive Daniel Noonan report?
Daniel Noonan reported receiving 310 shares of Cohen & Steers common stock as a compensation-related award. The shares were issued as dividend equivalent restricted stock units linked to previously granted restricted stock units from June 2024, January 2025, and January 2026.