Form 4: Costar Group CFO Scott T. Wheeler Reports Gift of Shares to Trusts

Scott T. Wheeler, CFO of Costar Group, reported gifting shares of common stock to various trusts for the benefit of Abraham James Wheeler, Anna Karin Wheeler, and Jacob Paul Wheeler on March 12, 2024.

Summary

• On March 12, 2024, Scott T. Wheeler, the Chief Financial Officer of Costar Group, Inc. [CSGP], engaged in transactions involving the company's common stock.
• Wheeler gifted 1,187 shares of common stock, resulting in a direct ownership of 311,861 shares.
• He also reported acquisitions of shares held indirectly through the Abraham James Wheeler Trust (415 shares, resulting in 2,076 shares held), the Anna Karin Wheeler Trust (357 shares, resulting in 2,084 shares held), and the Jacob Paul Wheeler Trust (415 shares, resulting in 1,541 shares held).
• These transactions were reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.

Key Dates