Brown Brandon 4

What Happened Brandon Brown, Executive Vice President of Cohen & Steers, was granted 134 shares as dividend-equivalent restricted stock units (RSUs) on March 19, 2026. The filing reports an acquisition at $0.00 per share (total reported value $0), which reflects an equity award rather than a cash purchase. This is an award tied to dividends accrued on previously granted, unvested RSUs and is generally a routine equity-crediting event rather than an open-market buy or sale.

Key Details

• Transaction date: 2026-03-19; Report filed: 2026-03-23 (filed within the Form 4 two-business-day window).
• Transaction type/code: A — Award/Grant (dividend-equivalent RSUs).
• Shares involved: 134 RSUs; Reported price: $0.00; Reported cash value: $0.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The 134 shares represent dividend-equivalent RSUs accrued to the reporting person on unvested RSUs granted in January 2023, 2024, 2025 and 2026 in connection with the issuer’s Q1 2026 dividend.
• Filing timeliness: Timely (not marked late).

Context Dividend-equivalent RSUs credit additional RSUs to reflect dividends on unvested awards; they do not involve an outlay of cash by the insider and are typically administrative/corporate-compensation events. Such awards are common and do not, by themselves, indicate insider buying or selling sentiment.