CoStar (CSGP) CAO Cynthia Cann Receives RSU Award, Sells 1,077

What Happened

• Cynthia Cammett Cann, CoStar Group's Chief Accounting Officer, was granted 26,078 restricted stock units (RSUs) on July 31, 2026 (reported as a derivative award at $0).
• To cover tax obligations, 1,077 shares were disposed/withheld on August 1, 2026 at $28.76 per share, generating $30,975. The withholding is reported under code F (tax withholding).

Key Details

• Transactions and prices:
  • 2026-07-31 — Grant/Award (A): 26,078 RSUs @ $0.00 (derivative award; 0 cash received on grant).
  • 2026-08-01 — Tax withholding/disposition (F): 1,077 shares @ $28.76 = $30,975.
• Shares owned after the transactions: not specified in this filing.
• Footnotes:
  • F1: Each RSU represents a contingent right to receive one share of CoStar common stock.
  • F2: The RSUs vest in four equal installments on Aug 1 of 2027, 2028, 2029 and 2030.
• Filing: Form 4 was filed Aug 4, 2026 reporting the above transactions dated Jul 31 and Aug 1, 2026.

Context

• The 26,078-item entry is an RSU award (not an open-market purchase); RSUs convert to shares only as they vest per the schedule above.
• The 1,077-share disposition appears to be a routine tax-withholding event (code F), common when RSUs are granted/vested and does not necessarily signal a vote of confidence or concern by the insider.
• Awards and withholding are typical executive compensation mechanics; purchases would generally be considered a stronger bullish signal for retail investors.