CoStar Group (CSGP) marketplaces president awarded 39,652 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SAINT FREDERICK G. reported acquisition or exercise transactions in this Form 4 filing.
CoStar Group reported that Frederick G. Saint, President, Marketplaces, received a grant of 39,652 restricted stock units. Each unit represents a contingent right to receive one share of CoStar Group common stock. The units vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SAINT FREDERICK G.
Role
President, Marketplaces
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 39,652 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 39,652 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of CoStar Group, Inc. common stock. The restricted stock units vest in three equal installments on March 1, 2027, March 1, 2028 and March 1, 2029.
FAQ
What insider transaction did CoStar Group (CSGP) report for Frederick G. Saint?
CoStar Group reported that Frederick G. Saint received a grant of 39,652 restricted stock units. These units are part of his equity compensation and give him the contingent right to receive an equal number of CoStar common shares if they vest.
How many restricted stock units were granted to the CoStar Group (CSGP) executive?
Frederick G. Saint was granted 39,652 restricted stock units. Each unit is linked to one share of CoStar Group common stock, aligning his potential future compensation with the company’s share performance over several years as the units vest.
When do Frederick G. Saint’s CoStar Group (CSGP) restricted stock units vest?
The restricted stock units vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029. This multi-year vesting schedule encourages long-term alignment between the executive’s interests and CoStar Group shareholders.
What does each restricted stock unit represent in the CoStar Group (CSGP) Form 4?
Each restricted stock unit represents a contingent right to receive one share of CoStar Group common stock. The units only convert into actual shares if the vesting conditions are satisfied on the specified future vesting dates.
Was the CoStar Group (CSGP) insider transaction a purchase or a grant?
The transaction was a grant or award acquisition of restricted stock units, not an open-market purchase. CoStar granted 39,652 RSUs to Frederick G. Saint as part of his compensation, with no cash price per unit reported in the filing.
How many CoStar Group (CSGP) restricted stock units does Frederick G. Saint hold after this grant?
After this award, Frederick G. Saint is reported as holding 39,652 restricted stock units. This total reflects his derivative position in RSUs following the grant disclosed in the Form 4, all held under direct ownership according to the filing.