CNS Executive Chairman Robert Steers reports new stock purchases

Rhea-AI Filing Summary

Cohen & Steers, Inc. (CNS) reported an insider transaction by Executive Chairman, director and 10% owner Robert H. Steers. On 11/19/2025, trusts associated with him bought additional CNS common stock in open-market purchases.

The Robert H. Steers 2018 Revocable Trust acquired 19,000 shares at a weighted average price of $59.88, bringing its reported beneficial ownership to 7,147,497 shares. The Hilltop GST Non-Exempt Descendants' Trust acquired 6,000 shares at a weighted average price of $59.86, for a reported 3,897,184 shares held after the transaction.

Additional indirect holdings include 805,920 shares held by The Sunnyridge GST Exempt Family Trust and 334 shares held by the Hamilton-Steers 2017 Trust FB Robert H. Steers, plus 139,747 shares reported as directly owned. The filing notes that Mr. Steers disclaims beneficial ownership of certain trust-held shares except to the extent of his pecuniary interest.

Insights

Equity Ownership and Governance Analyst

Executive chairman and 10% owner increased indirect shareholdings through open-market purchases, modestly strengthening aligned economic exposure with other shareholders.

The filing shows that **Robert H. Steers**, an executive chairman, director, and **10% owner** of **Cohen & Steers, Inc.**, reported open-market purchases of common stock on 11/19/2025. Trusts associated with him acquired **19,000** shares at a weighted average price of about $59.88 and **6,000** shares at about $59.86, with prices in the low $60 range. Following these transactions, indirect holdings reflected include **7,147,497**, **3,897,184**, **805,920**, and **334** shares across several family-related trusts, plus **139,747** shares held directly.

The structure spreads ownership across multiple trusts, some of which are revocable or for family benefit, and the filing includes clear disclaimers where Mr. Steers limits beneficial ownership claims to his pecuniary interest. This setup can support estate and governance planning while keeping significant influence concentrated in related entities. The absence of any reported sales or derivative transactions in Table II underscores that the reported change is from cash purchases of common stock rather than options or other instruments.

Key items to watch over the next few quarters are any further Form 4 filings that change the size or mix of these trust and direct positions, and whether additional open-market purchases or any sales occur. The weighted-average price ranges disclosed for the transactions provide a reference point for comparing any subsequent activity reported after 11/19/2025, including how frequently this insider reports changes in beneficial ownership.

Insider Trade Summary

Net Buyer: 25,000 shares ($1,496,880)

Net Buy 5 txns

Insider STEERS ROBERT HAMILTON

Role Executive Chairman

Bought 25,000 shs ($1.50M)

Type	Security	Shares	Price	Value
Purchase	Common Stock	19,000	$59.88	$1.14M
Purchase	Common Stock	6,000	$59.86	$359K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 7,147,497 shares (Indirect, By the Robert H. Steers 2018 Revocable Trust); Common Stock — 139,747 shares (Direct)

Footnotes (1)

1. Represents the weighted average price. These shares were purchased in a series of transactions at prices ranging from $59.33 to $60.14. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information relating to the number of shares purchased at each separate price within the range set forth in this footnote. Shares owned by the Robert H. Steers 2018 Revocable Trust. Mr. Steers and a member of his immediate family serve as trustees of the trust. Mr. Steers disclaims beneficial ownership of these shares except to the extent of his pecuniary interest. Represents the weighted average price. These shares were purchased in a series of transactions at prices ranging from $59.36 to $60.14. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information relating to the number of shares purchased at each separate price within the range set forth in this footnote. Shares owned by The Hilltop GST Non-Exempt Descendants' Trust for the benefit of Mr. Steers' family. A member of Mr. Steers' immediate family and an independent third party serve as trustees of the trust. Mr. Steers disclaims beneficial ownership of these shares, and the filing of this Form 4 is not an admission that Mr. Steers is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. Shares owned by The Sunnyridge GST Exempt Family Trust for the benefit of Mr. Steers' family. A member of Mr. Steers' immediate family and an independent third party serve as trustees of the trust. Mr. Steers disclaims beneficial ownership of these shares, and the filing of this Form 4 is not an admission that Mr. Steers is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. Shares owned by the Hamilton-Steers 2017 Trust FB Robert H. Steers, of which Mr. Steers is a beneficiary and trustee.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

STEERS ROBERT HAMILTON

(Last) (First) (Middle)

1166 AVENUE OF THE AMERICAS

(Street)

NEW YORK NY 10036

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
COHEN & STEERS, INC. [ CNS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chairman

3. Date of Earliest Transaction (Month/Day/Year)
11/19/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/19/2025		P		19,000	A	$59.88(1)	7,147,497	I	By the Robert H. Steers 2018 Revocable Trust(2)
Common Stock	11/19/2025		P		6,000	A	$59.86(3)	3,897,184	I	By The Hilltop GST Non-Exempt Descendants' Trust(4)
Common Stock								805,920	I	By The Sunnyridge GST Exempt Family Trust(5)
Common Stock								334	I	By the Hamilton-Steers 2017 Trust FB Robert H. Steers(6)
Common Stock								139,747	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the weighted average price. These shares were purchased in a series of transactions at prices ranging from $59.33 to $60.14. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information relating to the number of shares purchased at each separate price within the range set forth in this footnote.

2. Shares owned by the Robert H. Steers 2018 Revocable Trust. Mr. Steers and a member of his immediate family serve as trustees of the trust. Mr. Steers disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

3. Represents the weighted average price. These shares were purchased in a series of transactions at prices ranging from $59.36 to $60.14. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information relating to the number of shares purchased at each separate price within the range set forth in this footnote.

4. Shares owned by The Hilltop GST Non-Exempt Descendants' Trust for the benefit of Mr. Steers' family. A member of Mr. Steers' immediate family and an independent third party serve as trustees of the trust. Mr. Steers disclaims beneficial ownership of these shares, and the filing of this Form 4 is not an admission that Mr. Steers is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.

5. Shares owned by The Sunnyridge GST Exempt Family Trust for the benefit of Mr. Steers' family. A member of Mr. Steers' immediate family and an independent third party serve as trustees of the trust. Mr. Steers disclaims beneficial ownership of these shares, and the filing of this Form 4 is not an admission that Mr. Steers is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.

6. Shares owned by the Hamilton-Steers 2017 Trust FB Robert H. Steers, of which Mr. Steers is a beneficiary and trustee.

Remarks:

	/s/ Brian W. Heller, Attorney-in-Fact	11/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CNS report for Robert H. Steers?

The report shows that on 11/19/2025, trusts associated with Robert H. Steers bought additional Cohen & Steers (CNS) common stock in open-market purchases.

How many CNS shares did the Robert H. Steers 2018 Revocable Trust purchase?

The Robert H. Steers 2018 Revocable Trust purchased 19,000 CNS shares at a weighted average price of $59.88 per share.

How many CNS shares did the Hilltop GST Non-Exempt Descendants' Trust purchase?

The Hilltop GST Non-Exempt Descendants' Trust purchased 6,000 CNS shares at a weighted average price of $59.86 per share.

What are Robert H. Steers' reported indirect CNS holdings after the transactions?

After the transactions, reported indirect holdings include 7,147,497 shares via the Robert H. Steers 2018 Revocable Trust, 3,897,184 shares via the Hilltop GST Non-Exempt Descendants' Trust, 805,920 shares via The Sunnyridge GST Exempt Family Trust, and 334 shares via the Hamilton-Steers 2017 Trust FB Robert H. Steers.

How many CNS shares are reported as directly owned by Robert H. Steers?

The filing reports that Robert H. Steers directly owns 139,747 CNS shares following the reported transactions.

What is Robert H. Steers' role and relationship to Cohen & Steers (CNS)?

Robert H. Steers is reported as a director, 10% owner, and Executive Chairman of Cohen & Steers, Inc.

Does Robert H. Steers claim full beneficial ownership of all trust-held CNS shares?

No. The filing states that Mr. Steers disclaims beneficial ownership of certain trust-held shares except to the extent of his pecuniary interest or explicitly noted roles.