CoStar CEO logs RSU grant and tax share disposal
CoStar Group President and CEO Andrew C. Florance reported a mix of equity compensation events.
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Rhea-AI Filing Summary
CoStar Group President and CEO Andrew C. Florance reported a mix of equity compensation events. He received a grant of 83,708 restricted stock units on February 27, 2026, each representing a contingent right to one share of CoStar Group common stock. These units vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029.
On March 1, 2026, 59,593 shares of common stock were disposed of at $44.63 per share in a tax-withholding transaction to cover obligations associated with equity awards. After this disposition, he directly owned 1,527,273.03 shares of common stock, in addition to the 83,708 restricted stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 59,593 | $44.63 | $2.66M |
| Grant/Award | Restricted Stock Units | 83,708 | $0.00 | $0.00 |
Footnotes (3)
- F1. On February 27, 2026, the last preceding business day, the closing price of the Company's common stock on Nasdaq was $44.63.
- F2. Each restricted stock unit represents a contingent right to receive one share of CoStar Group, Inc. common stock.
- F3. The restricted stock units vest in three equal installments on March 1, 2027, March 1, 2028 and March 1, 2029.
FAQ
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What insider transactions did CoStar (CSGP) CEO Andrew Florance report?
How many restricted stock units did CoStar (CSGP) grant to its CEO?
When do Andrew Florance’s CoStar (CSGP) restricted stock units vest?
What price reference is disclosed for CoStar (CSGP) common stock in this filing?
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