Ruggles Lisa 4
Research Summary
AI-generated summary
CoStar (CSGP) Senior VP Lisa Ruggles Surrenders 2,977 Shares for Taxes
What Happened
- Lisa Ruggles, Senior Vice President, Global Operations at CoStar Group (CSGP), disposed of 2,977 shares on March 15, 2026 to satisfy a tax liability (transaction code F). The per-share figure reported is $43.63, for a total value of approximately $129,887. This was a tax-withholding share surrender rather than an open-market sale.
Key Details
- Transaction date: March 15, 2026
- Price used: $43.63 per share (footnote: Nasdaq close on the last preceding business day, March 13, 2026)
- Shares involved: 2,977 surrendered to cover taxes; proceeds/value ≈ $129,887
- Transaction type: Code F — payment of exercise price or tax liability (shares withheld/surrendered)
- Filing: Report filed March 17, 2026 (for the March 15 transaction); no late-filing indication in the provided excerpt
- Shares owned after transaction: not disclosed in the provided filing excerpt
Context
- This type of disposal is typically a routine tax-withholding action tied to option exercises or restricted share vesting (shares are surrendered to cover taxes). It is not the same as an open-market sale and does not necessarily signal a change in the insider’s view of the company. Purchases are generally more informative about insider sentiment.