CNS Form 4: CFO Dakkuri Raja A Credited 161 Dividend-Equivalent RSUs
Rhea-AI Filing Summary
Dakkuri Raja A, Chief Financial Officer and EVP of Cohen & Steers, acquired 161 dividend-equivalent restricted stock units on 08/21/2025. These units were credited at $0 as dividend equivalents tied to unvested restricted stock units granted in June 2024 and January 2025. After the reported acquisition the reporting person beneficially owns 22,534 shares of Cohen & Steers common stock. The Form 4 was signed by an attorney-in-fact on 08/22/2025.
Positive
- Increase in beneficial ownership: Reporting persons stake rises to 22,534 shares after acquisition of 161 RSU dividend equivalents
- No cash required: The 161 units were credited at a $0 price, indicating a non-cash compensation credit
Negative
- None.
Insights
TL;DR: Insider received 161 dividend-equivalent RSUs, modestly increasing beneficial ownership to 22,534 shares; no cash outlay reported.
The Form 4 documents a non-cash acquisition of 161 dividend-equivalent restricted stock units tied to previously granted unvested RSUs. Such dividend-equivalent crediting is routine compensation treatment and does not reflect an open-market purchase or sale. The immediate effect is a small increase in the reporting persons beneficial stake to 22,534 shares. There are no price or proceeds implications since the units were recorded at $0.
TL;DR: This disclosure reflects routine equity compensation mechanics, not a change in executive role or a material transaction.
The filing indicates dividend equivalents were applied to unvested RSUs from grants in June 2024 and January 2025. This is a typical administration of long-term incentive awards and should be viewed as part of ongoing compensation alignment rather than a material corporate event. Disclosure is complete for the reported items, including signature by an attorney-in-fact.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 161 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents the acquisition of dividend equivalent restricted stock units in connection with the issuer's third quarter 2025 dividend and accrued to the reporting person on unvested restricted stock units granted in June 2024 and January 2025.
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