Harvey Joseph M 4
4 · COHEN & STEERS, INC. · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Cohen & Steers CEO Joseph M. Harvey Sells Shares, Receives RSUs
What Happened
Joseph M. Harvey, CEO of Cohen & Steers (CNS), had 33,644 shares withheld/disposed to satisfy tax obligations related to previously reported RSU vesting (payment code F) — these shares were priced at $64.58 each for a total of $2,172,730. On the same date he was granted/received 80,984 restricted stock units (RSUs) (grant code A) with a reported value of $0 (these RSUs represent a mandatory deferral of his 2025 annual incentive bonus).
Key Details
- Transaction date: 2026-01-30; Form 4 filed 2026-02-02 (filing timeliness not specified in the provided data).
- Tax-withheld/Disposed: 33,644 shares @ $64.58 = $2,172,730 (code F — shares withheld by issuer to cover tax obligations on vested RSUs).
- Grant/Acquisition: 80,984 RSUs @ $0 (code A — represents deferred portion of 2025 annual incentive).
- Shares owned after transaction: Not specified in the filing summary provided.
- Footnotes:
- F1: Some shares are held in an LLC owned by a family trust; Mr. Harvey disclaims beneficial ownership except for pecuniary interest.
- F2: Withholding represents issuer withholding shares to satisfy tax obligations upon RSU vesting.
- F3: The 80,984 RSUs are deferred 2025 incentive RSUs; dividends are paid as additional RSUs ("dividend RSUs"). The RSUs vest ratably over four years; dividend RSUs vest on the fourth anniversary.
Context
This filing shows a tax-withholding disposition (not an open-market sale) and a compensation grant. Withholdings to cover taxes upon RSU vesting are common and do not necessarily indicate a bearish view. The RSUs awarded are part of deferred compensation and vest over time, so they represent future potential equity rather than an immediate purchase.
Insider Transaction Report
- Tax Payment
Common Stock
[F2]2026-01-30$64.58/sh−33,644$2,172,730→ 1,254,788 total - Award
Common Stock
[F3]2026-01-30+80,984→ 1,335,772 total
- 305,000(indirect: By LLC)
Common Stock
[F1]
Footnotes (3)
- [F1]Shares held in a limited liability company owned by a family trust. Mr. Harvey disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
- [F2]Represents the withholding by the issuer of shares of common stock in connection with the reporting person's tax obligations upon the vesting of previously reported restricted stock units ("RSUs") and delivery of the common stock underlying such RSUs.
- [F3]Represents RSUs granted by the issuer to the reporting person constituting the portion of the reporting person's 2025 annual incentive performance bonus that was mandatorily deferred by the issuer. Any dividends paid on the issuer's common stock are paid in additional RSUs (the "dividend RSUs"). The RSUs vest ratably over four years, and the dividend RSUs vest on the fourth anniversary of the grant date of the RSUs.