Cohen & Steers Quality Income (NYSE: RQI) director adds 614 shares at $12.15
Rhea-AI Filing Summary
Director Jane F. Magpiong of Cohen & Steers Quality Income Realty Fund Inc acquired 614 common shares on July 15, 2026 at $12.15 per share through a pro rata Rights Offering, increasing her direct holdings to 1,557 shares.
Shareholders of record on June 18, 2026 received one Right per share, allowing the purchase of one new share for every three Rights held at the $12.15 Subscription Price, with an oversubscription privilege; the Rights expired at the close of business on July 15, 2026.
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Insider Trade Summary
Net Buyer: 614 shares
Net Buy
1 txn
Insider
Magpiong Jane F.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 614 | $12.15 | $7K |
Holdings After Transaction:
Common Stock — 1,557 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: 614 shares
Subscription Price: $12.15 per share
Post-transaction holdings: 1,557 shares
+3 more
6 metrics
Shares acquired
614 shares
Common Stock acquired by director Jane F. Magpiong on July 15, 2026
Subscription Price
$12.15 per share
Subscription Price per common share in the Rights Offering fixed on July 15, 2026
Post-transaction holdings
1,557 shares
Total common shares held directly by Jane F. Magpiong following the acquisition
Rights conversion ratio
1 new share for every 3 Rights
Each holder could purchase one new common share for every three Rights held
Record Date
June 18, 2026
Shareholders as of this Record Date received one Right for each whole common share held
Rights Expiration Date
July 15, 2026
Rights expired at the close of business on this Expiration Date
Key Terms
Rights Offering, oversubscription privilege, Record Date, Subscription Price
4 terms
Rights Offering financial
"Purchased pursuant to a pro rata offering (the "Rights Offering") of transferable rights"
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 which entitled shareholders"
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") each received"
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
"The subscription 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did RQI director Jane F. Magpiong report?
Jane F. Magpiong, a director of Cohen & Steers Quality Income Realty Fund (RQI), acquired 614 common shares on July 15, 2026 at $12.15 per share through a pro rata Rights Offering, raising her direct holdings to 1,557 shares.
What were the key terms of the Cohen & Steers Quality Income (RQI) Rights Offering?
The Fund ran a pro rata Rights Offering where shareholders of record on June 18, 2026 received one Right per common share held. Every three Rights allowed purchase of one new common share at a fixed Subscription Price of $12.15, with an oversubscription privilege.
When did the Cohen & Steers Quality Income (RQI) rights expire and how was pricing set?
The Rights expired at the close of business on July 15, 2026, the Expiration Date. The Subscription Price of $12.15 per common share was fixed as of the close of the subscription period on that same date.