Director Lisa Dolly receives stock grant at Cohen & Steers (NYSE: CNS)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dolly Lisa reported acquisition or exercise transactions in this Form 4 filing.
COHEN & STEERS, INC. director Lisa Dolly reported receiving 353 shares of common stock as a grant, increasing her direct holdings to 2,796 shares. The award represents restricted stock units that were fully vested on the grant date, with the underlying shares scheduled to be delivered on the third anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dolly Lisa
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 353 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,796 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 353 shares
Price per share: $0.0000 per share
Total holdings after transaction: 2,796 shares
3 metrics
Shares granted
353 shares
Restricted stock unit grant to director on transaction date
Price per share
$0.0000 per share
Reported grant price for awarded shares
Total holdings after transaction
2,796 shares
Director’s direct CNS common stock holdings following grant
Key Terms
restricted stock units, grant date, Form 4, Grant, award, or other acquisition
4 terms
restricted stock units financial
"Represents shares of common stock underlying restricted stock units granted by the issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant date financial
"were 100% vested on the grant date and the related number of shares"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did CNS director Lisa Dolly report on this Form 4?
Lisa Dolly reported an acquisition of 353 shares of COHEN & STEERS, INC. common stock. The shares relate to a restricted stock unit grant that fully vested immediately, with delivery of the shares deferred until the third anniversary of the grant date.
Was the CNS Form 4 transaction an open-market buy or a stock award?
The CNS Form 4 shows a stock award, not an open-market purchase. Dolly received 353 shares with a reported price of $0.0000 per share, reflecting a grant of fully vested restricted stock units rather than a cash-funded market transaction.
What are the vesting and delivery terms of Lisa Dolly’s CNS restricted stock units?
The restricted stock units were 100% vested on the grant date, according to the footnote. However, the underlying CNS common shares will be delivered to Lisa Dolly on the third anniversary of the grant date, creating a three-year deferral before share delivery.
Does the CNS Form 4 indicate any stock sales by Lisa Dolly?
The CNS Form 4 does not report any stock sales by Lisa Dolly. It only shows an acquisition coded as a grant or award, with 353 shares added to her holdings and no disposition or sale transactions listed in the reported data.