CNS Form 4: 423 RSUs Granted to Director, Delivery in 3 Years
Rhea-AI Filing Summary
Connor Frank T, a director of Cohen & Steers, Inc. (CNS), reported a grant of 423 restricted stock units on 10/01/2025 that were 100% vested on the grant date. The Form 4 shows the RSUs were granted with a $0 price and that the related 423 shares will be delivered to the reporting person on the third anniversary of the grant date. After the reported transaction, the reporting person beneficially owns 23,155 shares of common stock. The filing was signed by an attorney-in-fact on 10/03/2025.
Positive
- 423 restricted stock units were 100% vested on grant, reflecting immediate entitlement
- Reporting person retains beneficial ownership of 23,155 shares following the transaction
Negative
- Shares underlying the RSUs will not be delivered until the third anniversary of the grant date, delaying liquidity
Insights
Director received vested RSUs totaling 423
The report documents a grant of 423 restricted stock units that were fully vested at grant and carry a $0 acquisition price, indicating these are compensation awards rather than open-market purchases.
The RSUs are payable on the third anniversary of the grant date, which affects the timing of share delivery and potential voting/transfer restrictions until that date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 423 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares of common stock underlying restricted stock units granted by the issuer to the reporting person. Such restricted stock units were 100% vested on the grant date and the related number of shares will be delivered to the reporting person on the third anniversary of the grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.