DERECHIN ADAM M 4

What Happened
Adam M. Derechin, Chief Operating Officer of Cohen & Steers, received an award of 226 shares (recorded as 226 dividend-equivalent restricted stock units) on 2026-05-21. The filing shows an acquisition at $0.00 per share (total $0) — this was an award of dividend equivalents credited to his unvested restricted stock units, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-21; Form 4 filed: 2026-05-22 (timely).
• Transaction type/code: A — Grant/Award/Other acquisition.
• Shares acquired: 226; price per share: $0.00; total cash value reported: $0.
• Shares owned after transaction: not specified in the information provided.
• Footnote: Acquisition represents dividend-equivalent RSUs credited in connection with the issuer’s Q2 2026 dividend and accrued to unvested RSUs granted in Jan 2023, Jan 2024, Jan 2025 and Jan 2026.
• Filing timeliness: appears timely (reported the next day).

Context
Dividend-equivalent RSUs are credits tied to dividends on shares and typically accrue to outstanding unvested RSUs; they generally remain subject to the original RSU vesting and settlement rules. Such awards are routine compensation-related events and do not indicate an outright market purchase (which can be a stronger bullish signal) or a sale (which can signal liquidity needs). For retail investors, note these awards increase potential future share holdings if and when they vest and are settled.