Director Dean Junkans adds 1,885 Cohen & Steers (NYSE: RQI) shares
Rhea-AI Filing Summary
Dean Junkans, a director of Cohen & Steers Quality Income Realty Fund Inc., acquired 1,885 common shares on July 15, 2026 at $12.15 per share through participation in a Rights Offering. Following this acquisition, he directly holds 7,285.21 common shares.
Positive
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Insider Trade Summary
Net Buyer: 1,885 shares
Net Buy
1 txn
Insider
Junkans Dean
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,885 | $12.15 | $23K |
Holdings After Transaction:
Common Stock — 7,285.21 shares (Direct)
Footnotes (1)
- F1. Purchased pursuant to a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to purchase common shares of Cohen & Steers Quality Income Realty Fund, Inc. (the "Fund"). The Fund's shareholders as of the June 18, 2026 record date (the "Record Date") each received one Right for each whole common share held on the Record Date. The Rights entitled their holders to purchase one new common share for every three Rights held. The subscription price per common share was $12.15 (the "Subscription Price") and was fixed as of the close of the subscription period on July 15, 2026 (the "Expiration Date"). The Rights Offering also included an oversubscription privilege which entitled shareholders as of the Record Date who fully exercised their Rights to purchase additional common shares of the Fund at the Subscription Price, subject to availability. The Rights expired at close of business on the Expiration Date.
Key Figures
Shares acquired: 1,885 shares
Price per share: $12.15
Shares owned after transaction: 7,285.21 shares
+4 more
7 metrics
Shares acquired
1,885 shares
Common Stock acquired on July 15, 2026 via Rights Offering
Price per share
$12.15
Subscription price per common share in the Rights Offering
Shares owned after transaction
7,285.21 shares
Director's direct Common Stock holdings following acquisition
Rights distribution ratio
1 Right per whole common share
Rights received by shareholders as of June 18, 2026 Record Date
Subscription ratio
1 common share per 3 Rights
Number of Rights needed to purchase one new common share
Record Date
June 18, 2026
Shareholders eligible to receive Rights as of this date
Expiration Date
July 15, 2026
Rights expired at close of business on this date
Key Terms
Rights Offering, oversubscription privilege, Record Date, Subscription Price, +1 more
5 terms
Rights Offering financial
"Purchased pursuant to a pro rata offering (the "Rights Offering")"
A rights offering is a way for a company to raise additional money by giving existing shareholders the opportunity to buy more shares at a discounted price before they are offered to the public. It’s similar to a special sale where current owners get the first chance to buy extra items at a lower cost, allowing them to increase their investment if they choose. This process matters to investors because it can affect the value of their holdings and their ability to buy new shares at favorable terms.
oversubscription privilege financial
"The Rights Offering also included an oversubscription privilege"
An oversubscription privilege is an option offered to existing shareholders during a rights offering that lets them request extra shares beyond their initial allotment if other shareholders don’t take theirs. Think of it like being allowed to buy extra concert tickets if some fans return theirs; it gives investors a chance to maintain or increase their ownership, avoid dilution, and potentially buy shares at a set price before the wider market can.
Record Date financial
"shareholders as of the June 18, 2026 record date (the "Record Date")"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
Subscription Price financial
"price per common share was $12.15 (the "Subscription Price")"
Subscription price is the set amount an investor pays to buy newly issued shares, bonds or units when a company offers them directly, such as in a rights issue or subscription offering. It matters because it determines how much an investor’s ownership cost will be, affects potential gains or losses and influences dilution of existing shareholders—think of it as a pre-order price that helps decide whether joining the new issue is worthwhile.
Expiration Date financial
"on July 15, 2026 (the "Expiration Date")"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Dean Junkans report for RQI?
Dean Junkans reported acquiring 1,885 Cohen & Steers Quality Income Realty Fund common shares on July 15, 2026 at $12.15 per share. The acquisition occurred through participation in a pro rata Rights Offering open to existing shareholders.
What were the key terms of the RQI Rights Offering described in the Form 4 footnote?
Shareholders received one Right per whole common share held on the June 18, 2026 Record Date. Every three Rights entitled the holder to buy one new common share at $12.15, with an oversubscription privilege and Rights expiring on July 15, 2026.
Was the RQI Form 4 transaction by Dean Junkans under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox for this filing was not selected, indicating the reported acquisition was not affirmed as occurring under a Rule 10b5-1 trading plan. The shares were acquired through the disclosed Rights Offering mechanics.