CNS Insider Filing: 849,205 Shares Disposed; 423 RSUs Granted
Rhea-AI Filing Summary
Martin Cohen, a Director and 10% owner of Cohen & Steers, Inc. (CNS), filed a Form 4 reporting changes in his beneficial ownership. The filing shows 8,171,461 shares of common stock held indirectly by the Martin Cohen 2018 Revocable Trust, of which Mr. Cohen disclaims beneficial ownership except to the extent of his pecuniary interest. On 10/01/2025 the filing records a transaction coded A for 423 restricted stock units (RSUs) granted at a $0 price; the RSUs are stated to be 100% vested on the grant date and will be delivered on the third anniversary of the grant date. The Form 4 also reports a disposition of 849,205 shares. The filing is signed by an attorney-in-fact on 10/03/2025.
Positive
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Insights
TL;DR: Director-owner reports large indirect holdings and a sizeable share disposition on 10/01/2025.
The Form 4 documents that 8,171,461 common shares are held indirectly by the Martin Cohen 2018 Revocable Trust; the filing explicitly states Mr. Cohen disclaims beneficial ownership except for pecuniary interest. This clarifies the legal ownership structure reported under Section 16.
The filing records a 423-unit RSU grant at $0 that is 100% vested on grant and payable on the third anniversary, and separately shows a disposition of 849,205 shares. The RSU vesting and delayed delivery timing are disclosed facts; the large reported disposition is a material change in direct share counts as stated in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 423 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares held by the Martin Cohen 2018 Revocable Trust. Mr. Cohen and a member of his family serve as trustees of the trust. Mr. Cohen disclaims beneficial ownership of these shares except to the extent of his pecuniary interest. 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.