Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 1149

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 16
Chunk 1149
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701   45,900 
 Total compensation and benefits  $56,388  $52,092  $50,290 

   The following table summarizes the equity-based compensation by plan.  Each plan is discussed in detail below.﻿
    
    DETAIL OF EQUITY-BASED COMPENSATION BY PLAN 
(Dollars in Thousands)

       For the Year Ended December 31,  
   2024    2023    2022  
 Restricted Stock or Units - 2020 Plan  $4,668  $4,391  $4,369 
 Restricted Stock or Units - 2006/2010 Plans   -   -   21 
 Total equity-based compensation expense  $4,668  $4,391  $4,390 

   The Company’s 2020 Long-Term Incentive Plan – Restricted Common Stock, Restricted Units, and Stock Options
    
   On  April 7, 2020, the board of directors of the Company adopted a long-term incentive plan (the “2020 Long Term Incentive Plan”), which was approved by the Company’s stockholders at the Company’s annual meeting on  June 18, 2020. On  April 1, 2021 and  June 9, 2021, the board of directors and the Company stockholders, respectively, approved Amendment No. 1 to the 2020 Long-Term Incentive Plan, which increased the maximum number of shares of common stock available for issuance under the 2020 Long-Term Incentive Plan from 600,000 shares of common stock to 1,200,000 shares of common stock. On  March 28, 2022 and  June 2, 2022, the board of directors and the Company stockholders, respectively, approved Amendment No. 2, which increased the maximum number of shares of common stock available for issuance under the 2020 Long-Term Incentive Plan, as amended, from 1,200,000 shares of common stock to 1,900,000 shares of common stock.  As of  December 31, 2024, 385,400 shares remain available to be issued under the Company's 2020 Long-term Incentive Plan. No award  may be granted under the 2020 Long Term Incent