Cohen & Company director granted 2,300-share stock award

Cohen & Company Inc. director Ms. Liberto reported receiving an equity award of common stock in the company.

Rhea-AI Filing Summary

Cohen & Company Inc. director Ms. Liberto reported receiving an equity award of common stock in the company. On 12/19/2025, she was awarded 2,300 shares of Cohen & Company Inc. common stock, par value $0.01 per share, at a stated price of $0.00 per share. The award was granted under the Company's 2020 Long-Term Incentive Plan, as amended. Following this transaction, Ms. Liberto beneficially owned 17,938 shares of Cohen & Company Inc. common stock in direct ownership.

Insider Trade Summary

Grant/Award: 2,300 shares

Grant/Award 1 txn

Insider Liberto Diana Louise

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.01 per share	2,300	$0.00	$0.00

Holdings After Transaction: Common Stock, par value $0.01 per share — 17,938 shares (Direct)

Footnotes (1)

1. F1. Ms. Liberto was awarded 2,300 shares of common stock of Cohen & Company Inc. (the "Company") under the Company's 2020 Long-Term Incentive Plan, as amended.

FAQ

What insider transaction did Cohen & Company Inc. (COHN) report?

The company reported that director Ms. Liberto received an award of 2,300 shares of Cohen & Company Inc. common stock on 12/19/2025.

What type of security was granted to the Cohen & Company Inc. (COHN) director?

The award consisted of common stock of Cohen & Company Inc., par value $0.01 per share, issued as an equity grant.

What was the reported price for the 2,300 COHN shares awarded to the director?

The Form 4 reports that the 2,300 shares of Cohen & Company Inc. common stock were acquired at a price of $0.00 per share.

Under which plan were the 2,300 Cohen & Company Inc. (COHN) shares granted?

The shares were granted under Cohen & Company Inc.'s 2020 Long-Term Incentive Plan, as amended.

How many Cohen & Company Inc. (COHN) shares does the director own after this award?

After the reported transaction, Ms. Liberto beneficially owned 17,938 shares of Cohen & Company Inc. common stock in direct ownership.

What is the director’s relationship to Cohen & Company Inc. (COHN)?

The reporting person, Ms. Liberto, is listed as a Director of Cohen & Company Inc.

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Accepted by SEC EDGAR 12/19/2025 - 09:14 AM Learn about SEC filing dates

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^*

Liberto Diana Louise

(Last) (First) (Middle)

C/O COHEN & CO INC.,

2929 ARCH STREET, SUITE 1703

(Street)

PHILADELPHIA PA 19104-2870

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Cohen & Co Inc. [ COHN ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
12/19/2025

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, par value $0.01 per share	12/19/2025		A		2,300(1)	A	$0.00	17,938	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. Ms. Liberto was awarded 2,300 shares of common stock of Cohen & Company Inc. (the "Company") under the Company's 2020 Long-Term Incentive Plan, as amended.

	/s/ Joseph W. Pooler, Jr., as attorney-in-fact	12/19/2025
	** 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.
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