Cohen & Co Inc. — Director's Dealing 2021

May 25, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Cohen & Co Inc. (COHN)
CIK: 0001270436
Period of Report: 2021-05-21

Reporting Person: Pooler Joseph W. Jr. (EVP, CFO and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-21	Common Stock, par value $0.01 per share	S	10000	$25.73	Disposed	47495	Direct
2021-05-24	Common Stock, par value $0.01 per share	S	7752	$23.90	Disposed	39743	Direct
2021-05-24	Common Stock, par value $0.01 per share	S	2248	$24.63	Disposed	37495	Direct

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.56 to $26.35, inclusive. The reporting person undertakes to provide to Cohen & Company Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (3) and (4) to this Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.52 to $24.51, inclusive.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.52 to $24.72, inclusive.