Connor Frank T 4

What Happened
Connor Frank T, a director of Cohen & Steers, was granted 440 restricted stock units (RSUs) on April 1, 2026. The reported acquisition price was $0.00 (total reported value $0). According to the filing, the RSUs were 100% vested on the grant date but the underlying shares will be delivered to Mr. Frank on the third anniversary of the grant.

Key Details

• Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (appears timely).
• Transaction type/code: Award/Grant (A).
• Units granted: 440 RSUs at $0.00 per unit (total $0 reported).
• Delivery/vesting: RSUs 100% vested at grant; actual shares deliverable on 2029-04-01 (three-year delivery).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The RSUs represent common stock underlying restricted stock units; units were fully vested on grant and shares will be delivered on the third anniversary.

Context
RSU grants are compensation awards, not open-market purchases or sales, so they are generally neutral with respect to immediate market sentiment. Because delivery of the underlying shares is deferred three years, any tax consequences and potential future selling decisions will occur at delivery, not at grant.