Lester R. Brafman - 03 Feb 2026 Form 4 Insider Report for Cohen & Co Inc. (COHN)

Reporting relationship: Chief Executive Officer
Issuer ticker: COHN
Reported as of: 03 Feb 2026
Net transaction value: -$978,339
SEC form: 4
Accepted by SEC: 05 Feb 2026, 09:20:04 UTC
Prior SEC filing: 19 Dec 2025
Next SEC filing: 06 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Joseph W. Pooler, Jr., as attorney-in-fact

Key filing fact

Lester R. Brafman filed Form 4 for Cohen & Co Inc. (COHN) on 05 Feb 2026.

Key facts

This page summarizes Lester R. Brafman's Form 4 filing for Cohen & Co Inc. (COHN).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 05 Feb 2026, 09:20.

Change

Previous filing in this sequence was filed on 19 Dec 2025.
Current net transaction value: -$978,339.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001578554 Primary reporting owner

Brafman Lester Raymond

Relationship: Chief Executive Officer
Address: C/O COHEN & CO INC., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA
Signature: /s/ Joseph W. Pooler, Jr., as attorney-in-fact
Signature date: 05 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

COHN holding

Common Stock, par value $0.01 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 315,702
Date: 03 Feb 2026
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

COHN transaction Derivative

Cohen & Company, LLC Membership Units

Options Exercise

Transaction value: $978,339
Shares: -501,455
Change %: -31%
Price: $1.95
Shares after: 1,097,861
Date: 03 Feb 2026
Ownership: Direct
Underlying class: Common Stock, par value $0.01 per share
Underlying amount: 50,145
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Mr. Brafman redeemed 501,455 membership units (the "Units") of Cohen & Company, LLC (the "Operating LLC"), a subsidiary of Cohen & Co Inc. (the "Company"), for an aggregate of $978,338.07, or $1.951 per Unit, in order to fund certain tax liabilities incurred by Mr. Brafman in connection with the vesting, on January 31, 2026, of 611,000 Units and 40,000 restricted shares of the Company's common stock granted to Mr. Brafman under the Company's 2020 Long-Term Incentive Plan, as amended. In accordance with the Operating LLC's Amended and Restated Limited Liability Company Agreement, as amended, Mr. Brafman had the right to redeem the Units at any time for, at the Company's option, (i) cash or (ii) one share of the Company's common stock for every ten Units.