Cohen & Steers (NYSE: CNS) executive trust sells 10,500 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cohen & Steers, Inc. President and CIO Jon Cheigh reported an insider transaction involving company common stock. A revocable trust associated with him, the Jon Young Cheigh 2024 Revocable Trust, completed an open-market sale of 10,500 shares at a weighted average price of $71.75 per share, with trade prices ranging from $71.75 to $71.85. Following this sale, the trust holds 66,670 shares indirectly, while Cheigh also reports 94,518 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,500 shares ($753,375)
Net Sell
2 txns
Insider
Cheigh Jon
Role
President and CIO
Sold
10,500 shs ($753K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,500 | $71.75 | $753K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 66,670 shares (Indirect, By the Jon Young Cheigh 2024 Revocable Trust);
Common Stock — 94,518 shares (Direct, null)
Footnotes (1)
- Represents the weighted average price. These shares were sold in a series of transactions at prices ranging from $71.75 to $71.85. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information relating to the number of shares sold at each separate price within the range set forth in this footnote. 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.
Key Figures
Shares sold: 10,500 shares
Weighted average sale price: $71.75 per share
Indirect shares after sale: 66,670 shares
+2 more
5 metrics
Shares sold
10,500 shares
Open-market sale by Jon Young Cheigh 2024 Revocable Trust on 2026-05-26
Weighted average sale price
$71.75 per share
Common stock sale with trades from $71.75 to $71.85
Indirect shares after sale
66,670 shares
Held by Jon Young Cheigh 2024 Revocable Trust after transaction
Direct holdings
94,518 shares
Common stock held directly by Jon Cheigh as of 2026-05-26
Net buy/sell direction
Net sale of 10,500 shares
transactionSummary shows net-sell activity
Key Terms
open-market sale, weighted average price, revocable trust, indirect ownership
4 terms
open-market sale financial
"transaction_action is described as an open-market sale of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"Represents the weighted average price with trades from $71.75 to $71.85"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
revocable trust financial
"Shares held by the Jon Young Cheigh 2024 Revocable Trust, a revocable trust"
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.
indirect ownership financial
"Ownership of 66,670 shares is reported as indirect through the trust"
FAQ
What insider transaction did CNS executive Jon Cheigh report?
Jon Cheigh reported an open-market sale of 10,500 shares of Cohen & Steers common stock. The transaction was executed through the Jon Young Cheigh 2024 Revocable Trust, which is associated with him as a trustee, at a weighted average price of $71.75 per share.
Does this CNS Form 4 involve derivative securities or only common stock?
This Form 4 reports transactions only in Cohen & Steers common stock. The filing’s derivative section shows no derivative positions or option exercises, indicating the disclosed activity relates solely to non-derivative equity held directly and through the revocable trust.