Noonan Daniel 4

What Happened Daniel Noonan, Executive Vice President of Cohen & Steers, was credited with 310 shares via an award/acquisition (Form 4 transaction code A) on 2026-05-21. The filing reports an acquisition price of $0.00 (total reported value $0). The award represents dividend-equivalent restricted stock units that accrued on his unvested RSUs.

Key Details

• Transaction date: 2026-05-21; Report filed: 2026-05-22 (timely).
• Transaction type/code: Award/acquisition (A) — 310 shares at $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnotes:
  • F1: Shares are held by the Daniel A. Noonan Revocable Trust, of which Mr. Noonan and an immediate family member are trustees.
  • F2: These 310 shares represent dividend-equivalent RSUs tied to the issuer's Q2 2026 dividend and accrued to unvested RSUs granted in June 2024, January 2025, and January 2026.
• No indication of a 10% owner status or a trading plan; no tax-withholding sale reported.

Context Dividend-equivalent RSUs are credits paid on unvested RSU awards (often settled in additional RSUs) and do not reflect an open-market purchase or sale. Because this is an accrual of dividend equivalents, it is a routine corporate compensation/cash-dividend-related event rather than a signal of personal buying or selling intent.