CoStar (CSGP) CAO granted 6,834 RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoStar Group Chief Accounting Officer Cynthia Cammett reported routine equity compensation activity. She received a grant of 6,834 restricted stock units, each representing the right to receive one share of CoStar common stock, with no purchase price.
The restricted stock units vest in four equal installments on March 1, 2027, 2028, 2029, and 2030. In a separate transaction, 1,385 shares of common stock were withheld at a price of $44.63 per share to cover tax obligations, leaving her with 21,968 common shares held directly, including 142 shares acquired under the employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cann Cynthia Cammett
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 1,385 | $44.63 | $62K |
| Grant/Award | Restricted Stock Units | 6,834 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 21,968 shares (Direct);
Restricted Stock Units — 6,834 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. Includes 142 shares acquired under the CoStar Group, Inc. Employee Stock Purchase Plan. Each restricted stock unit represents a contingent right to receive one share of CoStar Group, Inc. common stock. The restricted stock units vest in four equal installments on March 1, 2027, March 1, 2028, March 1, 2029, and March 1, 2030.
FAQ
What equity award did CoStar (CSGP) executive Cynthia Cammett receive?
Cynthia Cammett received a grant of 6,834 restricted stock units. Each unit represents a contingent right to receive one share of CoStar common stock, providing long-term, stock-based compensation tied directly to the company’s share performance over several years.
How do Cynthia Cammett’s new restricted stock units at CoStar (CSGP) vest?
The 6,834 restricted stock units vest in four equal installments. Vesting dates are March 1, 2027, March 1, 2028, March 1, 2029, and March 1, 2030, encouraging long-term retention and alignment with CoStar’s multi-year performance.
What does each restricted stock unit represent in CoStar (CSGP)’s Form 4 filing?
Each restricted stock unit represents a contingent right to one share of CoStar common stock. The units convert into actual shares only upon vesting on the scheduled dates, aligning executive compensation with future service and company performance over time.