Cohen & Steers RQI director buys rights shares

COHEN & STEERS QUALITY INCOME REALTY FUND INC director Adam M. Derechin acquired 7,243 common shares at $12.15 per share on July 15, 2026 through a pro rata transferable rights offering.

Rhea-AI Filing Summary

COHEN & STEERS QUALITY INCOME REALTY FUND INC director Adam M. Derechin acquired 7,243 common shares at $12.15 per share on July 15, 2026 through a pro rata transferable rights offering. Following this purchase, he directly owns 27,839.243 common shares.

The rights offering gave shareholders of record on June 18, 2026 one Right per whole common share, entitling holders to purchase one new common share for every three Rights at the fixed subscription price of $12.15, with an oversubscription privilege, expiring July 15, 2026.

Insider Trade Summary

Grant/Award: 7,243 shares

Grant/Award 1 txn

Insider DERECHIN ADAM M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	7,243	$12.15	$88K

Holdings After Transaction: Common Stock — 27,839.243 shares (Direct)

Footnotes (1)

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: 7,243 shares Subscription price: $12.15 per share Shares owned after transaction: 27,839.243 shares +3 more

6 metrics

Shares acquired 7,243 shares Common Stock acquired on July 15, 2026 via rights offering

Subscription price $12.15 per share Price per common share in the rights offering

Shares owned after transaction 27,839.243 shares Direct Common Stock holdings following acquisition

Rights conversion ratio 1 share for every 3 Rights Each three Rights entitled the holder to purchase one new common share

Record date June 18, 2026 Date shareholders had to hold common shares to receive Rights

Rights expiration date July 15, 2026 Expiration of subscription period and Rights offering

Key Terms

pro rata offering, transferable rights, oversubscription privilege, subscription price, +1 more

5 terms

pro rata offering financial

"Purchased pursuant to a pro rata offering (the \"Rights Offering\") of transferable rights"

transferable rights financial

"a pro rata offering (the \"Rights Offering\") of transferable rights (the \"Rights\")"

Transferable rights are tradable entitlements given to holders—often shareholders—that allow them to buy new shares, receive benefits, or participate in corporate actions, and can be sold or assigned to someone else. For investors they matter because they create a liquid way to capture value or avoid dilution: you can keep and use the right to maintain ownership, or sell it like a coupon to someone else, which affects potential share count, ownership percentage, and the company’s fundraising outcome.

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.

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.

record date regulatory

"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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did RQI report for Adam M. Derechin?

Adam M. Derechin reported acquiring 7,243 RQI common shares at $12.15 per share on July 15, 2026 through a rights offering. After this transaction, he directly owns 27,839.243 common shares of Cohen & Steers Quality Income Realty Fund Inc.

How were the new RQI shares acquired in this Form 4 filing?

The 7,243 RQI shares were purchased through a pro rata transferable rights offering to shareholders. Each shareholder of record received one Right per whole share and could buy one new common share for every three Rights at $12.15 per share.

What was the subscription price in RQI's rights offering?

The subscription price in RQI's rights offering was $12.15 per common share. This price was fixed as of the close of the subscription period on July 15, 2026 and applied to both basic subscriptions and any available oversubscription purchases.

What was the record date for the RQI rights offering and what did it determine?

The record date was June 18, 2026, determining which shareholders received rights. Shareholders holding whole common shares on that date received one transferable Right per share, which could then be used to subscribe for new common shares in the rights offering.

Did RQI's rights offering include an oversubscription privilege?

Yes. The rights offering included an oversubscription privilege allowing shareholders of record who fully exercised their Rights to request additional common shares at $12.15 per share, subject to availability. This feature applied only after basic Rights subscriptions were fully exercised.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/17/2026 - 06:45 PM Accepted by SEC EDGAR 07/17/2026 - 06:45 PM 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^*

DERECHIN ADAM M

(Last) (First) (Middle)

1166 AVENUE OF THE AMERICAS

30TH FLOOR

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
COHEN & STEERS QUALITY INCOME REALTY FUND INC [ RQI ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026

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

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

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

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	07/15/2026(1)		A		7,243	A	$12.15	27,839.243	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. 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.

	Dana A. DeVivo, Attorney-in-Fact	07/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)