DERECHIN ADAM M 4
Research Summary
AI-generated summary
Cohen & Steers (CNS) COO Adam Derechin Receives Award of 259 Shares
What Happened
- Adam M. Derechin, Chief Operating Officer of Cohen & Steers, was credited with 259 shares on 2026-03-19 as an award (transaction code A). The reported acquisition price is $0.00 (i.e., these were dividend-equivalent restricted stock units credited to unvested RSUs), so no cash was paid in connection with the grant.
Key Details
- Transaction date: 2026-03-19; filing date: 2026-03-23 (filed within required timeframe).
- Price: $0.00 per share; total cash paid: $0.
- Shares acquired: 259 dividend-equivalent restricted stock units.
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- Footnote: These 259 shares represent dividend-equivalent restricted stock units accrued to unvested RSUs granted in January 2023, January 2024, January 2025 and January 2026 in connection with the issuer’s Q1 2026 dividend.
Context
- This was an award of dividend-equivalent RSUs (not an open-market purchase or sale). Such grants are typically administrative/dividend-related credits to existing unvested awards and do not necessarily indicate a change in the insider’s trading stance.