Cohen & Steers (CNS) EVP receives 354-share dividend-equivalent stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COHEN & STEERS, INC. Executive Vice President Daniel Noonan reported an acquisition of 354 shares of Common Stock on account of a compensation-related award. The Form 4 identifies this as a grant or award, not an open-market purchase, with a price per share of $0.0000.
Footnotes explain the award represents dividend equivalent restricted stock units tied to the issuer’s first quarter 2026 dividend, credited on unvested restricted stock units granted in June 2024, January 2025 and January 2026. Following the grant, Noonan directly holds 35,274 Common Stock shares and indirectly holds 895 shares through the Daniel A. Noonan Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Noonan Daniel
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 354 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 35,274 shares (Direct);
Common Stock — 895 shares (Indirect, By the Daniel A. Noonan Revocable Trust)
Footnotes (1)
- Shares held by the Daniel A. Noonan Revocable Trust, a revocable trust, of which Mr. Noonan and an immediate family member serve as trustees. Represents the acquisition of dividend equivalent restricted stock units in connection with the issuer's first quarter 2026 dividend and accrued to the reporting person on unvested restricted stock units granted in June 2024, January 2025 and January 2026.
FAQ
What insider transaction did CNS Executive Vice President Daniel Noonan report?
Daniel Noonan reported receiving 354 CNS Common Stock shares as a grant, not a market purchase. The award reflects dividend equivalent restricted stock units credited in connection with the company’s first quarter 2026 dividend on prior unvested restricted stock unit grants.
Was the CNS Form 4 transaction an open-market buy or a compensation grant?
The CNS Form 4 shows a compensation-related grant, not an open-market buy. Code “A” identifies it as a grant or award, with 354 shares received at a stated price of $0.0000 per share, linked to dividend equivalent restricted stock units.
Does this CNS Form 4 indicate any derivative securities or option exercises?
This CNS Form 4 does not report any derivative security exercises. The transaction relates to 354 Common Stock shares acquired through dividend equivalent restricted stock units, and the derivative section of the summary shows no remaining derivative positions in this filing.