Daniel Noonan, Executive Vice President at Cohen & Steers, Inc. (NASDAQ: CNS), has completed a series of stock disposals totaling $337,158 on June 16, 2026, according to a recent Securities and Exchange Commission filing. The transactions involved shares held indirectly through a revocable trust structure.
Mr. Noonan’s trust disposed of 4,360 shares of Cohen & Steers common stock at a weighted average price of $77.33 per share. These shares were sold in a series of transactions with prices ranging from $77.16 to $77.40. The shares were held by the Daniel A. Noonan Revocable Trust, of which Mr. Noonan and an immediate family member serve as trustees.
Separately, on June 15, 2026, 3,614 shares of common stock, valued at $278,458, were disposed of through a withholding by the issuer. This action was related to Mr. Noonan’s tax obligations upon the vesting of previously reported restricted stock units and the delivery of the common stock underlying such units. Following the delivery of the common stock from the RSU vesting, 3,465 shares were immediately transferred to the Daniel A. Noonan Revocable Trust.
In other recent news, Cohen & Steers reported assets under management totaling $99.5 billion as of May 31, 2026. This marks a decrease from the $100.1 billion reported at the end of April, primarily due to market depreciation of $592 million and distributions of $154 million, which were partially offset by net inflows of $101 million. Additionally, Cohen & Steers announced the appointment of Amit Muni as Executive Vice President and Chief Financial Officer, effective June 8, 2026. Muni will oversee financial operations and strategy, reporting to CEO Joseph Harvey. In another development, Cohen & Steers has partnered with J.P. Morgan to distribute the Cohen & Steers SICAV Short Duration Hybrid Credit & Income Fund globally. The fund aims for high current income and capital preservation with a focus on hybrid credit securities. Furthermore, Cohen Steers Income Opportunities REIT acquired Winslow Bay Commons, a shopping center in Mooresville, North Carolina, which is 97% leased. This acquisition adds to their real estate investment portfolio.