Form 4: CoStar Group Executive Granted 39,652 RSUs

CoStar Group's President of Marketplaces, Frederick G. Saint, was granted 39,652 restricted stock units, vesting over three years.

Summary

• Frederick G. Saint, President of Marketplaces at CoStar Group, Inc. (CSGP), acquired 39,652 Restricted Stock Units (RSUs).
• Each RSU represents a contingent right to receive one share of CoStar Group, Inc. common stock.
• The RSUs will vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029.
• The transaction date for the grant was February 27, 2026.
• Following this transaction, Mr. Saint beneficially owns 39,652 derivative securities directly.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event, as it represents a standard executive compensation practice that aligns management's interests with long-term shareholder value, without indicating any immediate operational or financial changes.

Positives

• The grant of Restricted Stock Units aligns the executive's long-term financial interests with those of the shareholders, incentivizing performance and retention.
• This is a standard form of executive compensation, indicating continued commitment from key management.

Future Outlook

The future outlook indicates that Frederick G. Saint will acquire full ownership of the 39,652 CoStar Group common shares represented by the RSUs over a three-year vesting period, contingent on continued employment and company performance.

Industry Context

StockSavvy.ai notes that the grant of Restricted Stock Units to a key executive like the President of Marketplaces is a common practice in the technology and real estate information services industry. This compensation structure is widely used to attract, retain, and motivate top talent by linking their long-term incentives to the company's stock performance, a strategy employed by peers such as Zillow Group and LoopNet.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) as a significant component of executive compensation is a standard practice across the technology and information services sectors, comparable to compensation packages at companies like Zillow Group, RealPage, and MSCI.
• The three-year vesting schedule with equal annual installments is a common structure designed to promote long-term retention and align executive interests with shareholder value creation over a sustained period, similar to vesting schedules observed in grants at Google (Alphabet) or Microsoft for their senior leadership.

Stakeholder Impact

• Shareholders: The RSU grant aligns the executive's long-term interests with shareholder value, potentially leading to more focused efforts on company growth and stock performance.
• Employees: This type of compensation can serve as a benchmark or incentive for other key employees, demonstrating the company's commitment to performance-based rewards.

Next Steps

• The Restricted Stock Units will vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029, at which point Mr. Saint will receive the underlying common stock.

Key Dates

Keywords

CoStar Group, CSGP, Restricted Stock Units, RSU, Insider Transaction, Executive Compensation, Form 4, Frederick G. Saint