Noonan Daniel 4
Research Summary
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Cohen & Steers (CNS) EVP Daniel Noonan Receives Award of 354 Shares
What Happened Daniel Noonan, Executive Vice President of Cohen & Steers (CNS), was credited with 354 shares on 2026-03-19 as an award (transaction code A). The filing shows an acquisition price of $0.00 and an aggregate value of $0 — these are dividend-equivalent restricted stock units (RSUs) accrued to his unvested RSUs rather than a cash purchase.
Key Details
- Transaction date: 2026-03-19 (Form 4 filed 2026-03-23; filing is timely).
- Transaction type/code: Award / Acquisition (A).
- Shares received: 354; Price per share: $0.00; Aggregate dollar amount reported: $0.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote F1: Shares are held by the Daniel A. Noonan Revocable Trust (he and an immediate family member are trustees).
- Footnote F2: These 354 shares represent dividend-equivalent RSUs credited in connection with the issuer’s Q1 2026 dividend and were accrued to unvested RSUs granted in June 2024, January 2025, and January 2026.
Context Dividend-equivalent RSUs are additional RSUs credited in lieu of cash dividends on unvested awards; they are typically routine compensation adjustments and do not reflect a market purchase or sale. This award increases Noonan’s long-term equity exposure but does not indicate any immediate selling or buying intent.