Rachel Glaser (CSGP) receives 8,262 CoStar restricted shares as award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Glaser Rachel C reported acquisition or exercise transactions in this Form 4 filing.
CoStar Group director Rachel C. Glaser reported receiving a restricted stock award of 8,262 shares of common stock as compensation. The shares were granted at no cash cost on June 23, 2026 and increase her direct holdings to 12,419 shares after the award.
The restricted stock will vest in full on the earlier of the first anniversary of the grant date or the date of CoStar Group's 2027 Annual Meeting of Stockholders. This is a routine equity compensation grant and not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Glaser Rachel C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 8,262 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 12,419 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted shares granted: 8,262 shares
Shares held after transaction: 12,419 shares
Grant price: $0.0000 per share
+2 more
5 metrics
Restricted shares granted
8,262 shares
Restricted stock award to director on June 23, 2026
Shares held after transaction
12,419 shares
Director’s direct common stock holdings following the grant
Grant price
$0.0000 per share
Equity compensation grant with no cash paid by recipient
Vesting condition
Earlier of 1-year anniversary or 2027 annual meeting
Restricted stock award vesting terms from Form 4 footnote
Transaction type
Grant, award, or other acquisition
Transaction code A classified as award acquisition
Key Terms
restricted stock award, vests in full, Annual Meeting of Stockholders, grant, award, or other acquisition
4 terms
restricted stock award financial
"The restricted stock award vests in full on the earlier of either the first anniversary of the grant date..."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
vests in full financial
"The restricted stock award vests in full on the earlier of either the first anniversary of the grant date..."
Annual Meeting of Stockholders financial
"...or the date of the Company's 2027 Annual Meeting of Stockholders."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did CoStar Group (CSGP) report for Rachel C. Glaser?
CoStar Group reported that director Rachel C. Glaser received a restricted stock award of 8,262 common shares. The grant was made at no cash cost and increased her direct holdings to 12,419 shares following the transaction.
Was the CoStar Group (CSGP) Rachel Glaser transaction a stock purchase or sale?
The transaction was not a market purchase or sale. Rachel Glaser received 8,262 CoStar Group common shares as a restricted stock award, classified as a grant or award acquisition, rather than buying or selling shares in the open market.
What does a restricted stock award mean for CoStar Group (CSGP) insiders?
A restricted stock award grants shares that typically vest over time or upon conditions. For CoStar Group, Rachel Glaser’s 8,262-share award vests based on time or the 2027 annual meeting, aligning director compensation with long-term shareholder interests without immediate market trading.