4/A: CoStar Group CFO Corrects Ownership Reporting in Amended SEC Filing
SEC Filing Amendment
Christian M. Lown, CFO of CoStar Group, files an amendment to a previous Form 4 to correct the number of shares of common stock owned.
Summary
- Christian M. Lown, the Chief Financial Officer of CoStar Group, Inc. (CSGP), filed an amended Form 4 with the SEC on August 05, 2024.
- This amendment corrects an error in the original Form 4 filed on July 03, 2024, which incorrectly reported the number of shares of common stock owned following a grant of restricted stock.
- The amended filing clarifies that Lown directly owns 37,223 shares of CoStar Group common stock, par value $0.01 per share.
- The original filing had inadvertently reported the ownership as 33,839 shares.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing. While it indicates a prior error, the prompt correction is a positive sign for transparency and compliance.
Negatives
- The initial Form 4 contained an error regarding the number of shares owned by the CFO, requiring an amendment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of earliest transaction reported in the original filing. |
| 07/03/2024 | Date of original Form 4 filing which contained an error. |
| 08/05/2024 | Date of the amended Form 4/A filing to correct the error. |
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