Ruggles Lisa 4

What Happened
Lisa Ruggles, Senior Vice President, Global Operations at CoStar Group (CSGP), reported disposition of shares tied to a 2023 performance restricted stock grant. On Feb 19, 2026 she disposed of 17,583 shares to the issuer at $0 (forfeiture) and 3,219 shares were withheld to satisfy tax liability at $49.07 per share, valued at $157,956. This was not an open-market sale or purchase — it reflects a forfeiture and tax withholding related to a prior award.

Key Details

• Transaction date: 2026-02-19. Filing date: 2026-02-23 (timely Form 4 filing).
• Dispositions reported:
  • 17,583 shares — disposition to issuer (code D) at $0.00 (forfeited).
  • 3,219 shares — tax withholding/payment (code F) at $49.07; total value $157,956 (using Nasdaq close $49.07).
• Footnote: These relate to the February 14, 2023 performance restricted stock grant; shares were forfeited upon certification of the performance result (per filing).
• Shares owned after the transactions: not specified in the provided data.

Context
This filing documents internal corporate adjustments to a prior performance RSU award — a portion surrendered/forfeited and a portion withheld to cover tax obligations. Tax-withheld shares are common on vesting and do not represent a market sale; forfeitures reflect the final certified payout from the performance grant. These actions are procedural and should not be interpreted on their own as a bullish or bearish signal.