THISSEN KAREN WILSON 4

What Happened Karen Thissen, a director of Cohen & Steers, was granted 353 restricted stock units (RSUs) on 2026-07-01 (transaction code A). The reported acquisition price is $0.00 and the filing shows $0 total for the transaction. According to the filing footnote, the RSUs were 100% vested on the grant date, but the related number of shares will be delivered to Thissen on the third anniversary of the grant.

Key Details

• Transaction date: 2026-07-01; Form 4 filed: 2026-07-06.
• Transaction type/code: Award (A) of 353 RSUs at $0.00 reported.
• Reported transaction value: $0 (no cash paid or received on grant).
• Shares owned after transaction: Not reported in the provided filing.
• Footnote (F1): RSUs vested immediately but settlement (share delivery) occurs on the third anniversary of the grant.
• Timeliness: Filing occurred five days after the transaction date; insiders normally must file Form 4 within two business days, so this may be outside the typical reporting window.

Context RSUs are a form of equity compensation: immediate vesting means the recipient has the right to receive shares, but the filing shows delivery is delayed for three years. Awards like this are compensation/retention tools and are not the same as an open-market purchase or sale; they don’t by themselves indicate immediate buying or selling pressure.