Cohen & Steers (CNS) CEO granted 1,726 dividend-equivalent RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Harvey Joseph M reported acquisition or exercise transactions in this Form 4 filing.
Cohen & Steers, Inc. reported that Chief Executive Officer Harvey Joseph M received a grant of 1,726 shares of Common Stock at no cost. These represent dividend equivalent restricted stock units tied to the issuer's first quarter 2026 dividend on prior restricted stock unit awards from January 2023, January 2024, January 2025 and January 2026. Following this award, he holds 1,337,498 shares directly. An additional 305,000 shares are held indirectly through a limited liability company owned by a family trust, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Harvey Joseph M
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,726 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,337,498 shares (Direct);
Common Stock — 305,000 shares (Indirect, By LLC)
Footnotes (1)
- Shares held in a limited liability company owned by a family trust. Mr. Harvey disclaims beneficial ownership of these shares except to the extent of his pecuniary interest. Represents the acquisition of dividend equivalent restricted stock units in connection with the issuer's first quarter 2026 dividend and accrued to the reporting person on unvested restricted stock units granted in January 2023, January 2024, January 2025 and January 2026.
FAQ
What insider transaction did Cohen & Steers (CNS) report for its CEO?
Cohen & Steers reported that CEO Harvey Joseph M acquired 1,726 shares of Common Stock at no cost. These shares are dividend equivalent restricted stock units that accrued on his previously granted unvested restricted stock units tied to the company's first quarter 2026 dividend.
What indirect Cohen & Steers (CNS) holdings are reported for the CEO?
The Form 4 lists 305,000 Cohen & Steers Common shares held indirectly through a limited liability company owned by a family trust. The CEO disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in that structure, according to the footnote.
What does "dividend equivalent restricted stock units" mean for Cohen & Steers (CNS) CEO?
Dividend equivalent restricted stock units give the CEO additional stock units when the company pays dividends, mirroring what cash dividends would provide on unvested awards. For first quarter 2026, this mechanism granted him 1,726 extra shares tied to prior restricted stock unit grants from recent years.