Cheigh Jon 4
Research Summary
AI-generated summary
Cohen & Steers (CNS) President Cheigh Jon Sells 10,500 Shares
What Happened
- Cheigh Jon, President and Chief Investment Officer of Cohen & Steers (CNS), reported an open-market sale of 10,500 shares on 2026-05-26. The reported total proceeds were $753,375 based on a weighted average price of $71.75 per share (prices ranged $71.75–$71.85).
Key Details
- Transaction date: 2026-05-26 (reported on Form 4 filed 2026-05-27).
- Action: Sale (transaction code S) — open-market/private sale per filing.
- Shares sold: 10,500; weighted average price: $71.75; gross proceeds reported: $753,375.
- Price range footnote: shares were sold in a series of trades at $71.75–$71.85; the reporting person can provide a breakdown of quantities at each price on request.
- Holding vehicle: the shares were held by the "Jon Young Cheigh 2024 Revocable Trust," of which Mr. Cheigh and an immediate family member are trustees.
- Shares owned after transaction: not provided in the excerpt — see the full Form 4 for post-transaction holdings.
- Timeliness: Filing was made the next day (filed 2026-05-27), so the report appears timely.
Context
- This was a straightforward sale of shares. Sales by officers can be routine (liquidity, diversification, tax planning) and do not by themselves indicate a change in company prospects. No option exercise, gift, or 10b5-1 plan is disclosed in the provided filing excerpt. For exact post-sale ownership and any additional context, review the full Form 4 on the SEC EDGAR site.