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EVP Noonan sells 4,360 Cohen & Steers (NYSE: CNS) shares via trust

Filing Impact
(Very High)
Filing Sentiment
(Negative)
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 Noonan Daniel
Role Executive Vice President
Sold 4,360 shs ($337K)
Type Security Shares Price Value
Sale Common Stock 4,360 $77.33 $337K
Exercise Price or Tax Liability Common Stock 3,614 $77.05 $278K
Holdings After Transaction: Common Stock — 28,682 shares (Direct); Common Stock — 0 shares (Indirect, By the Daniel A. Noonan Revocable Trust)
Footnotes (4)
  1. F1. 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.
  2. F2. 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.
  3. F3. 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.
  4. F4. Shares held by the Daniel A. Noonan Revocable Trust, a revocable trust, of which Mr. Noonan and an immediate family member serve as trustees.
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
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."

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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.

How many Cohen & Steers (CNS) shares did Daniel Noonan sell through the revocable trust?
A revocable trust associated with Daniel Noonan sold 4,360 shares. The Daniel A. Noonan Revocable Trust executed open-market sales at a weighted average price of $77.33 per share, within a range of $77.16 to $77.40, and held no shares afterward.

What was the purpose of the 3,614 Cohen & Steers (CNS) shares disposed on June 15?
The 3,614 shares disposed on June 15 were withheld for taxes. Cohen & Steers retained these shares to satisfy Daniel Noonan’s tax obligations upon vesting of previously reported restricted stock units and delivery of the underlying common stock.

How many Cohen & Steers (CNS) shares does Daniel Noonan hold after these transactions?
Daniel Noonan directly holds 28,682 shares after the reported transactions. This figure reflects his direct ownership following the June 15 tax-withholding disposition and does not include shares held by the revocable trust, which held none after its sale.

At what prices were the Cohen & Steers (CNS) trust shares sold?
The trust shares were sold at a weighted average price of $77.33. The 4,360 shares were executed in multiple open-market trades, with individual prices ranging from $77.16 to $77.40 per share, according to the filing footnote.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Noonan Daniel
(Last)(First)(Middle)
1166 AVENUE OF THE AMERICAS
(Street)
NEW YORK NEW YORK 10036
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
COHEN & STEERS, INC. [ CNS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026F3,614(1)D$77.0528,682(2)D
Common Stock06/16/2026S4,360D$77.33(3)0IBy the Daniel A. Noonan Revocable Trust(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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.
3. 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.
4. Shares held by the Daniel A. Noonan Revocable Trust, a revocable trust, of which Mr. Noonan and an immediate family member serve as trustees.
Remarks:
/s/ Brian W. Heller, Attorney-in-Fact06/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR