Cann Cynthia Cammett 4
Research Summary
AI-generated summary
CoStar (CSGP) Chief Accounting Officer Cynthia Cann Withholds 1,194 Shares
What Happened
- Cynthia Cammett Cann, Chief Accounting Officer of CoStar Group (CSGP), had 1,194 shares disposed on March 15, 2026 as a tax/fee withholding (Form 4 code F) related to an equity event. The shares were valued at $43.63 each, for a total of $52,094.
Key Details
- Transaction date: 2026-03-15; filing date: 2026-03-17 (timely filing).
- Price used: $43.63 per share (footnote: Nasdaq closing price on prior business day, 2026-03-13).
- Shares disposed: 1,194 (code F — payment of exercise price or tax liability via share withholding).
- Shares owned after transaction: not reported in the provided filing extract.
- No indication this was an open-market sale (shares were withheld to satisfy tax/withholding obligations).
Context
- Code F transactions typically reflect shares withheld to cover taxes or exercise costs from a stock option exercise or vesting of restricted stock; they are administrative and do not necessarily indicate the insider is selling stock for cash. This is different from an open-market sale (code S) and is generally considered routine.