RQI Director Adam Derechin Receives 7,243 Shares

What Happened Adam M. Derechin, a director of Cohen & Steers Quality Income Realty Fund, Inc. (RQI), acquired 7,243 common shares on July 15, 2026. The shares were purchased at a subscription price of $12.15 per share for a total consideration of $88,002. The acquisition was made pursuant to the fund’s pro rata transferable rights offering (record date June 18, 2026) and is reported on Form 4 as an acquisition (code A).

Key Details

• Transaction date and price: July 15, 2026 — 7,243 shares at $12.15 per share (total $88,002).
• Filing date: July 17, 2026 (filed within the typical two-business-day reporting window).
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnote summary: Shares were purchased via the Fund’s Rights Offering. Shareholders received one transferable right per whole share held as of the June 18, 2026 record date; rights entitled holders to purchase one new common share for every three rights held. The subscription price was fixed at $12.15, an oversubscription privilege was available, and the rights expired at close of business on July 15, 2026.
• Transaction code: A (award/other acquisition).

Context A rights offering is a pro rata opportunity for existing shareholders to buy newly issued shares at a set subscription price; it’s different from an open-market purchase. This filing documents a purchase (acquisition) rather than a sale — purchases by insiders can be interpreted as informative, though a single rights subscription can also be routine for eligible shareholders. The filing does not indicate any immediate resale, 10b5-1 plan, or tax-withholding event.