CoStar Group (CSGP) CEO receives 83,708 RSUs, disposes 59,593 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FLORANCE ANDREW C
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 59,593 | $44.63 | $2.66M |
| Grant/Award | Restricted Stock Units | 83,708 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 1,527,273.03 shares (Direct);
Restricted Stock Units — 83,708 shares (Direct)
Footnotes (1)
- On February 27, 2026, the last preceding business day, the closing price of the Company's common stock on Nasdaq was $44.63. 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 transactions did CoStar (CSGP) CEO Andrew Florance report?
Andrew Florance reported both an equity grant and a tax-related share disposition. He received 83,708 restricted stock units and disposed of 59,593 common shares in a tax-withholding transaction at $44.63 per share.
How many restricted stock units did CoStar (CSGP) grant to its CEO?
CoStar granted Andrew Florance 83,708 restricted stock units. Each unit represents a contingent right to receive one share of common stock, vesting in three equal installments across 2027, 2028, and 2029, subject to the stated vesting dates.
When do Andrew Florance’s CoStar (CSGP) restricted stock units vest?
The 83,708 restricted stock units vest in three equal annual installments. The vesting dates are March 1, 2027, March 1, 2028, and March 1, 2029, aligning the CEO’s compensation with longer-term company performance.
What price reference is disclosed for CoStar (CSGP) common stock in this filing?
The filing notes a closing price of $44.63 for CoStar’s common stock on February 27, 2026. That Nasdaq closing price also matches the per-share value used for the 59,593-share tax-withholding disposition on March 1, 2026.