EVP Noonan sells 4,360 Cohen & Steers (NYSE: CNS) shares via trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cohen & Steers, Inc. Executive Vice President Daniel Noonan reported two stock transactions involving company common shares. First, on June 15, the issuer withheld 3,614 shares at $77.05 per share to cover his tax obligations when previously reported restricted stock units vested, leaving him with 28,682 directly held shares.
Immediately after delivery of the RSU shares, 3,465 shares were transferred to the Daniel A. Noonan Revocable Trust. On June 16, that revocable trust, for which Mr. Noonan and an immediate family member serve as trustees, sold 4,360 shares in open-market transactions at a weighted average price of $77.33 per share, in a price range from $77.16 to $77.40, and held no shares following the sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,360 shares ($337,159)
Net Sell
2 txns
Insider
Noonan Daniel
Role
Executive Vice President
Sold
4,360 shs ($337K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,360 | $77.33 | $337K |
| Tax Withholding | Common Stock | 3,614 | $77.05 | $278K |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, By the Daniel A. Noonan Revocable Trust);
Common Stock — 28,682 shares (Direct, null)
Footnotes (1)
- Represents the withholding by the issuer of shares of common stock in connection with the reporting person's tax obligations upon the vesting of previously reported restricted stock units ("RSUs") and delivery of the common stock underlying such RSUs. Immediately following the delivery of the common stock underlying the RSUs described in footnote 1, the 3,465 shares of common stock so delivered were immediately transferred to the Daniel A. Noonan Revocable Trust. Such transfer was exempt from reporting under Rule 16a-13. Represents the weighted average price. These shares were sold in a series of transactions at prices ranging from $77.16 to $77.40. 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 Daniel A. Noonan Revocable Trust, a revocable trust, of which Mr. Noonan and an immediate family member serve as trustees.
Key Figures
Trust sale volume: 4,360 shares
Trust sale price (weighted average): $77.33 per share
Tax-withheld shares: 3,614 shares
+3 more
6 metrics
Trust sale volume
4,360 shares
Common Stock sold June 16, 2026 by revocable trust
Trust sale price (weighted average)
$77.33 per share
Open-market transactions with prices from $77.16 to $77.40
Tax-withheld shares
3,614 shares
Withheld June 15, 2026 to satisfy RSU tax obligations
Tax-withholding price
$77.05 per share
Value used for RSU-related tax-withholding disposition
Direct holdings after transactions
28,682 shares
Common Stock directly owned by Daniel Noonan after June 15, 2026
Trust holdings after sale
0 shares
Common Stock held by Daniel A. Noonan Revocable Trust post-sale
Key Terms
restricted stock units ("RSUs"), weighted average price, revocable trust, Rule 16a-13
4 terms
restricted stock units ("RSUs") financial
"in connection with the reporting person's tax obligations upon the vesting of previously reported restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
weighted average price financial
"Represents the weighted average price. These shares were sold in a series of transactions"
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 Daniel A. Noonan Revocable Trust, a revocable trust, of which Mr. Noonan"
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.
Rule 16a-13 regulatory
"Such transfer was exempt from reporting under Rule 16a-13."
FAQ
What insider transactions did Cohen & Steers (CNS) EVP Daniel Noonan report?
Daniel Noonan reported a tax-related share withholding and a trust share sale. The issuer withheld 3,614 shares for taxes on RSU vesting, and a revocable trust associated with him sold 4,360 shares in open-market trades around $77 per share.