Cann Cynthia Cammett 4
Research Summary
AI-generated summary
CoStar Group (CSGP) CAO Cynthia Cann Sells 461 Shares for Taxes
What Happened
- Cynthia Cammett Cann, Chief Accounting Officer of CoStar Group (CSGP), reported a disposition of 461 shares on 2026-06-15. The shares were listed as "payment of exercise price or tax liability" (transaction code F) at $32.04 per share, totaling about $14,770. This indicates shares were used to satisfy tax obligations tied to an equity award/option exercise rather than a routine open-market sale.
Key Details
- Transaction date and price: 2026-06-15 — 461 shares at $32.04 each.
- Total value: approximately $14,770 (rounded).
- Transaction type/code: F — payment of exercise price or tax liability (share withholding to cover taxes).
- Shares owned after transaction: Not specified in the provided filing.
- Filing date and timeliness: Form 4 filed 2026-06-16 (timely based on provided dates).
- Accession: 0001472762-26-000008.
Context
- This appears to be a tax-withholding disposition tied to an option exercise or equity award. Such share withholdings are common administrative actions and do not necessarily signal the insider's view on the stock. Purchases typically carry more weight for interpreting insider sentiment; this transaction is a routine tax-related disposal.