Form 4: Costar Group Executive Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Cynthia Cammett Cann, Chief Accounting Officer of Costar Group, sold 1,191 shares of common stock on March 15, 2025, to satisfy tax withholding obligations.

Summary

  • On March 15, 2025, Cynthia Cammett Cann, the Chief Accounting Officer of Costar Group, Inc., disposed of 1,191 shares of common stock.
  • The transaction was executed at a price of $78.73 per share.
  • This sale was conducted to cover tax obligations related to equity awards.
  • Following the transaction, Ms. Cann directly owns 28,265 shares of Costar Group, Inc.

Sentiment

Score: 5

Explanation: Neutral sentiment as the transaction appears to be a routine sale to cover tax obligations.

Industry Context

Insider transactions are routinely monitored by investors as they can provide signals, though in this case the sale appears to be for routine tax obligations.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

DateDescription
03/15/2025Date of stock sale transaction.
03/18/2025Date of signature on the Form 4 filing.

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