Cohen & Steers Quality Income VP adds shares
Mathew Kirschner, Vice President and Portfolio Manager of Cohen & Steers Quality Income Realty Fund Inc., acquired 3,579 common shares on July 15, 2026 through participation in a shareholder rights offering at a subscription price of $12.15 per share.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Mathew Kirschner, Vice President and Portfolio Manager of Cohen & Steers Quality Income Realty Fund Inc., acquired 3,579 common shares on July 15, 2026 through participation in a shareholder rights offering at a subscription price of $12.15 per share. After this transaction, he directly holds 8,959 common shares of the fund.
Insider Trade Summary
Grant/Award: 3,579 shares
Grant/Award
1 txn
Insider
Kirschner Mathew
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,579 | $12.15 | $43K |
Holdings After Transaction:
Common Stock — 8,959 shares (Direct)
Holdings Before and After:
Common Stock, 5,380 to 8,959 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: 3,579 shares
Subscription price: $12.15 per share
Shares held after: 8,959 shares
+3 more
6 metrics
Shares acquired
3,579 shares
Common stock acquired on July 15, 2026 via rights offering
Subscription price
$12.15 per share
Subscription price per common share in the Rights Offering
Shares held after
8,959 shares
Direct common stock holdings of Mathew Kirschner after the transaction
Rights subscription ratio
1 new common share for every 3 Rights
Terms of the pro rata Rights Offering
Record Date
June 18, 2026
Record date for determining shareholders receiving Rights
Expiration Date
July 15, 2026
Expiration of the subscription period for the Rights Offering
Key Terms
Rights Offering, oversubscription privilege, Subscription Price, Record Date, +1 more
5 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.
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 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.
Expiration Date financial
"fixed as of the close of the subscription period 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Mathew Kirschner report in the RQI Form 4?
Mathew Kirschner reported acquiring 3,579 common shares of Cohen & Steers Quality Income Realty Fund Inc. through a rights offering on July 15, 2026. The transaction increased his direct holdings in RQI to 8,959 shares of common stock.
What is Mathew Kirschner's total RQI stake after this transaction?
Following the transaction, Mathew Kirschner directly holds 8,959 common shares of Cohen & Steers Quality Income Realty Fund Inc. This reflects his updated ownership after acquiring 3,579 shares through the July 15, 2026 rights offering.
Was this RQI insider transaction made under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox was not marked, and footnotes describe a mechanical rights offering purchase. Shares were acquired through exercising shareholder rights at a fixed subscription price, rather than under a pre-arranged Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
