Form 4: Costar Group Executive Sells Shares to Cover Tax Obligations
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
| Date | Description |
|---|---|
| 03/15/2025 | Date of stock sale transaction. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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