CoStar Group (CSGP) CFO has shares withheld to cover equity taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoStar Group, Inc. Chief Financial Officer Christian M. Lown reported a tax-withholding disposition of company stock. On this Form 4, 5,597 shares of common stock were delivered at $29.36 per share to satisfy tax obligations tied to equity compensation. Following this transaction, he continues to hold 129,653 shares of CoStar Group common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LOWN CHRISTIAN M.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 5,597 | $29.36 | $164K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 129,653 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 5,597 shares
Price per share: $29.36 per share
Shares held after transaction: 129,653 shares
3 metrics
Tax-withholding shares
5,597 shares
Shares delivered to satisfy tax obligations on equity compensation
Price per share
$29.36 per share
Value used for the tax-withholding disposition
Shares held after transaction
129,653 shares
Direct CoStar Group common stock holdings after the Form 4 event
Key Terms
tax-withholding disposition, Common Stock, par value $0.01 per share, Payment of exercise price or tax liability by delivering securities
3 terms
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: Payment of exercise price or tax liability by delivering securities"
FAQ
What insider transaction did CoStar Group (CSGP) report for its CFO?
CoStar Group’s CFO Christian M. Lown reported a tax-withholding disposition of 5,597 common shares. The shares were delivered to cover tax obligations related to equity compensation, rather than sold in the open market, and he retained 129,653 shares afterward.
Was the CoStar Group (CSGP) CFO’s Form 4 transaction an open-market sale?
No, the transaction was a tax-withholding disposition, not an open-market sale. Shares valued at $29.36 each were delivered to satisfy tax obligations from equity compensation, while the CFO maintained direct ownership of 129,653 CoStar Group common shares.
What does transaction code "F" mean in the CoStar Group (CSGP) Form 4?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this CoStar Group filing, 5,597 shares were used to settle tax obligations, rather than being sold on the market, as part of routine equity award administration.