4Filed Aug 20, 8:00 PM ET
Cohen & Steers (CNS) EVP Daniel Noonan Receives 215-Share Award
$CNS · COHEN & STEERS, INC.Research Summary
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Cohen & Steers (CNS) EVP Daniel Noonan Receives 215-Share Award
What Happened
Daniel Noonan, Executive Vice President of Cohen & Steers, was credited with 215 shares as an award (transaction code A) on 2026-08-20. The Form 4 reports 215 shares acquired at $0.00, reflecting dividend-equivalent restricted stock units rather than a cash purchase.
Key Details
- Transaction date: 2026-08-20 (Form 4 filed 2026-08-21).
- Transaction type/code: Award/Acquisition (A).
- Shares awarded: 215; reported acquisition price: $0.00.
- Shares owned after transaction: Not stated in the filing.
- Footnote: These 215 shares represent dividend-equivalent RSUs that accrued to Noonan on unvested restricted stock units granted in June 2024, January 2025 and January 2026.
- Timeliness: Filing appears timely (transaction on 8/20; Form 4 filed 8/21).
Context
Dividend-equivalent RSUs are additional units credited in lieu of cash dividends on unvested RSUs; they typically follow the vesting schedule of the original grants. This was an award of units (not a market purchase or sale) and therefore should be read as an administrative/compensation-related credit rather than a direct buy or sell signal.