CoStar (CSGP) director Christine McCarthy receives 8,262-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McCarthy Christine M reported acquisition or exercise transactions in this Form 4 filing.
COSTAR GROUP, INC. director Christine M. McCarthy received a grant of 8,262 shares of common stock as a restricted stock award. The award vests in full on the earlier of the first anniversary of the grant date or the Company’s 2027 Annual Meeting of Stockholders. After this grant and the inclusion of shares that were inadvertently omitted from a prior filing, she directly holds 11,585 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McCarthy Christine M
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 — 11,585 shares (Direct, null)
Footnotes (1)
- The restricted stock award vests in full on the earlier of either the first anniversary of the grant date or the date of the Company's 2027 Annual Meeting of Stockholders. This amount includes shares that were inadvertently omitted from the insider's prior filing.
Key Figures
Restricted shares granted: 8,262 shares
Holdings after transaction: 11,585 shares
Grant price per share: $0.00 per share
+2 more
5 metrics
Restricted shares granted
8,262 shares
Grant/award acquisition on 2026-06-23
Holdings after transaction
11,585 shares
Direct ownership following grant
Grant price per share
$0.00 per share
Reported transaction price for restricted stock award
Vesting trigger
First anniversary or 2027 meeting
Vests on earlier of first anniversary of grant or 2027 Annual Meeting of Stockholders
Transaction code
Code A
Classified as grant, award, or other acquisition
Key Terms
restricted stock award, Annual Meeting of Stockholders, grant, award, or other acquisition, Form 4
4 terms
restricted stock award financial
"The restricted stock award vests in full on the earlier of either the first anniversary"
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.
Annual Meeting of Stockholders regulatory
"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""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did COSTAR GROUP (CSGP) report for Christine M. McCarthy?
Christine M. McCarthy received a grant of 8,262 shares of CoStar common stock. The filing describes this as a restricted stock award granted at no cash cost per share, increasing her directly held position to 11,585 shares after the transaction and adjustments.
What are the vesting terms of Christine M. McCarthy’s COSTAR GROUP restricted stock award?
The restricted stock award vests in full on a single future date. Vesting occurs on the earlier of the first anniversary of the grant date or the date of CoStar Group’s 2027 Annual Meeting of Stockholders, aligning the award with the company’s governance calendar.
Was Christine M. McCarthy’s COSTAR GROUP (CSGP) grant an open-market purchase?
No, the Form 4 classifies the transaction as a grant or award acquisition. The 8,262 shares were received as a restricted stock award at a reported price of $0.00 per share, indicating compensation rather than an open-market share purchase or sale.
Does the COSTAR GROUP (CSGP) Form 4 mention corrections to prior insider holdings for Christine M. McCarthy?
Yes, the filing notes that the reported holdings include previously omitted shares. A footnote explains that some shares were inadvertently left out of an earlier filing, and the current total of 11,585 shares now reflects those shares plus the new award.