Form 4: CoStar Group's General Counsel Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Gene Boxer, General Counsel and Secretary of CoStar Group, Inc., disposed of 481 shares of common stock on March 15, 2025, to cover tax obligations.
Summary
- On March 15, 2025, Gene Boxer, the General Counsel and Secretary of CoStar Group, Inc., disposed of 481 shares of common stock.
- The transaction was executed at a price of $78.73 per share.
- This disposal was likely to cover tax obligations related to vesting of stock or option exercise.
- Following the transaction, Mr. Boxer directly owns 78,572 shares of CoStar Group, Inc.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing a stock sale by an officer to cover tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an officer.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of stock disposal transaction |
| 03/18/2025 | Date of signature on the Form 4 filing |
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