Form 4: CoStar Group Chief Accounting Officer Disposes of Shares for Tax Obligations
Insider Transaction Report
CoStar Group's Chief Accounting Officer, Cynthia Cammett Cann, reported the disposition of 461 shares of common stock to cover tax withholding obligations.
Summary
- Cynthia Cammett Cann, the Chief Accounting Officer of CoStar Group, Inc. (CSGP), reported a transaction involving the company's common stock.
- On June 15, 2025, Ms. Cann disposed of 461 shares of CoStar Group common stock.
- The disposition was made at a price of $81.16 per share.
- This transaction was coded 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
- Following this transaction, Ms. Cann directly beneficially owns 27,804 shares of CoStar Group common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition for tax purposes, which is generally considered neutral in terms of market sentiment. It does not indicate a change in management's confidence in the company's future.
Future Outlook
N/A
Industry Context
This Form 4 filing is a routine disclosure of an insider stock transaction, specifically a disposition for tax purposes. It does not provide information related to broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: This is a routine tax-related transaction and is unlikely to have a significant direct impact on shareholders. It represents a minor reduction in insider ownership due to compensation mechanics.
Key Dates
| Date | Description |
|---|---|
| 06/15/2025 | Date of transaction where shares were disposed of. |
| 06/17/2025 | Date the Form 4 filing was signed and filed. |
Keywords
CoStar Group, CSGP, SEC Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Chief Accounting Officer, Cynthia Cammett Cann
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