Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 2158

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 3
Chunk 2158
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 2020 Long-Term Incentive Plan.

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   22. EQUITY-BASED COMPENSATION 
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   The following table summarizes the amounts the Company recognized as equity-based compensation expense including restricted stock, restricted units, membership units of consolidated sponsor entities and stock options. These amounts are included as a component of compensation and benefits in the consolidated statements of operations. The remaining unrecognized compensation expense related to unvested awards at  December 31, 2024 was $7,835 and the weighted average period of time over which this expense will be recognized is approximately 1.6 years. 
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    EQUITY-BASED COMPENSATION INCLUDED IN COMPENSATION AND BENEFITS 
 (Dollars in Thousands) 

       For the Year Ended December 31,  
   2024    2023    2022  
 Equity-based compensation expense  $4,668  $4,391  $4,390 
 Non equity-based compensation expense   51,720   47,701   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, 202