Form 4: CoStar Group Director Michael Klein Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Michael Klein reported changes in beneficial ownership of CoStar Group, Inc. common stock due to gift transactions on July 27, 2024.
Summary
- On July 27, 2024, Michael Klein, a director of CoStar Group, Inc., reported changes in his beneficial ownership of the company's common stock.
- The changes resulted from gift transactions, with 6,346, 5,344 and 4,810 shares gifted.
- Following these transactions, Klein's direct ownership decreased, but he still beneficially owns 1,987,225 shares of CoStar Group, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to changes in beneficial ownership, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The change in ownership may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 07/27/2024 | Date of the transactions (gift of common stock) |
| 07/30/2024 | Date of signature for the Form 4 filing |
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