Transaction #23391 · Form 4 · 0001104659-25-122815
Cohen & Co Inc. · Stock award · Cohen & Company, LLC Membership Units
Cohen & Co Inc. · Transacted December 19, 2025 · Filed December 19, 2025
What does this filing report?
An SEC Form 4 filing for Cohen & Co Inc. records a stock award involving Cohen & Company, LLC Membership Units on December 19, 2025. The reported quantity was 211,000. The filing date is December 19, 2025. This is one transaction record; amounts are not allocated among any joint reporting owners.
The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.
Transaction details
- Company
- Cohen & Co Inc.
- Company CIK
- 0001270436
- Security type
- Derivative
- Acquisition type
- Stock award · Code A
- Quantity acquired
- 211,000
- Reported price
- 0
- Reference value
- 0
- Currency
- Currency not specified
- Ownership
- Direct
- Holdings after transaction
- 1,599,316
- Ownership description
- Not reported
- SEC acceptance time
- Dec 19, 2025, 9:13 AM EST
- 10b5-1 indication
- Not indicated
Reference value is reported quantity × reported price. It is not a confirmed cash payment or an estimate of a derivative's economic value. A missing currency is not assumed to be USD.
Reporting owners
- Brafman Lester Raymond ↗
Chief Executive Officer
CIK 0001578554
These are the reporting owners named in the filing. Quantities and amounts are not allocated among co-reporters. Roles reflect this filing, not a current profile.
Company listings
This transaction is not mapped to a specific company listing.
Derivative terms
- Underlying security
- Common Stock, par value $0.01 per share
- Underlying quantity
- 21,100
- Conversion / exercise price
- Not reported
- Exercise date
- Not reported
- Expiration date
- Not reported
Filing footnotes & remarks
- F1
- Mr. Brafman was awarded 211,000 restricted membership units ("Units") in Cohen & Company, LLC (the "Operating LLC"), a subsidiary of Cohen & Co Inc. (the "Company"), under the Company's 2020 Long-Term Incentive Plan, as amended. The restrictions expire with respect to one-third of the Units on each of January 31, 2027, January 31, 2028 and January 31, 2029. Following the expiration of the restrictions on the applicable Units, Mr. Brafman may cause the Operating LLC to redeem such Units at any time thereafter for, at the Company's option, (i) cash or (ii) one share of the Company's common stock for every ten Units.
Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.
This record was updated Eastern Time. This is the stored record update time, not the transaction date. Report a correction.