Cohen & Steers (CNS) COO receives 259 dividend-linked stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cohen & Steers, Inc. Chief Operating Officer and Executive Vice President Adam M. Derechin received an automatic equity-based compensation award tied to the company’s first quarter 2026 dividend. He acquired 259 shares of common stock at no cost, representing dividend equivalent restricted stock units accrued on unvested awards granted in January 2023, 2024, 2025 and 2026. After this routine compensation-related acquisition, he directly holds 536,071 shares of Cohen & Steers common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DERECHIN ADAM M
Role
Chief Operating Officer, EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 259 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 536,071 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CNS executive Adam M. Derechin report on this Form 4?
Adam M. Derechin reported acquiring 259 shares of Cohen & Steers common stock. The shares were issued as dividend equivalent restricted stock units tied to the company’s first quarter 2026 dividend on previously granted unvested restricted stock units.
Was the CNS Form 4 transaction an open-market purchase or a compensation award?
The Form 4 for Cohen & Steers (CNS) shows a compensation-related award, not an open-market purchase. The 259 shares were granted at a price of $0.00 per share as dividend equivalent restricted stock units on earlier unvested equity awards.
What is a dividend equivalent restricted stock unit in the context of CNS?
For Cohen & Steers (CNS), dividend equivalent restricted stock units represent additional stock units credited when cash dividends are paid. They accrue on outstanding unvested restricted stock units so award holders receive comparable value to shareholders while those underlying awards remain unvested.
Which prior CNS equity grants generated the new dividend equivalent units for Adam M. Derechin?
The 259 dividend equivalent restricted stock units accrued on unvested restricted stock units originally granted to Adam M. Derechin in January 2023, January 2024, January 2025 and January 2026. They were credited in connection with Cohen & Steers’ first quarter 2026 dividend.