Form 4: CoStar Group Executive Frederick G. Saint Reports Stock Disposal to Cover Tax Obligations

Frederick G. Saint, President of Marketplaces at CoStar Group, disposed of 2,349 shares of common stock on February 15, 2025, to satisfy tax withholding obligations.

Summary

• On February 19, 2025, a Form 4 filing with the SEC revealed that Frederick G. Saint, President of Marketplaces at CoStar Group, Inc. (CSGP), engaged in a transaction involving the company's common stock.
• The transaction occurred on February 15, 2025, where 2,349 shares of common stock were disposed of at a price of $74.06 per share.
• This disposal was executed to cover tax withholding obligations related to an unspecified event.
• Following the transaction, Saint directly owns 293,245 shares of CoStar Group, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be related to tax obligations, which is a common reason for stock disposals by executives.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.

Key Dates

Keywords

Form 4, CoStar Group, CSGP, Frederick G. Saint, Stock Disposal, Beneficial Ownership, SEC Filing, Tax Withholding