Lester R. Brafman - 06 Mar 2026 Form 4 Insider Report for Cohen & Co Inc. (COHN)

Reporting relationship: Chief Executive Officer
Issuer ticker: COHN
Reported as of: 06 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 06 Mar 2026, 16:05:52 UTC
Prior SEC filing: 05 Feb 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 06 Mar 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: 06 Mar 2026, 16:05.

Change

Previous filing in this sequence was filed on 05 Feb 2026.
Current net transaction value: $0.

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: 06 Mar 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: 06 Mar 2026
Ownership: Direct

Reported derivative securities

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

COHN transaction Derivative

Cohen & Company, LLC LTIP Units

Award

Transaction value
Shares: +1,605,000
Change %
Price: $0.000000^*
Shares after: 1,605,000
Date: 06 Mar 2026
Ownership: Direct
Underlying class: Common Stock, par value $0.01 per share
Underlying amount: 160,500
Exercise price
Footnotes: F1, F2

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Mr. Brafman was awarded 1,605,000 restricted membership units, designated as LTIP Units ("LTIP 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 "Plan"). The LTIP Units are intended to qualify as profits interests for U.S. federal income tax purposes. The LTIP Units are scheduled to vest as follows: 20% of the LTIP Units will vest on each of the first, second, third, fourth and fifth anniversaries of the date the LTIP Units were granted, in each case, subject to Mr. Brafman's continued service on the vesting date.

Footnote F2

Following the expiration of the restrictions on the applicable LTIP Units, Mr. Brafman may, subject to the terms and conditions of the Plan and the Operating LLC's limited liability company agreement, convert the LTIP Units into units of membership of the Operating LLC ("Units") on a one-for-one basis. Upon Mr. Brafman's conversion (if any) of LTIP Units into 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.