Boxer Gene 4
Research Summary
AI-generated summary
CoStar Group GC Gene Boxer Surrenders 428 Shares for Taxes
What Happened Gene Boxer, General Counsel and Secretary of CoStar Group (CSGP), disposed of 428 shares on March 15, 2026 to satisfy a tax withholding obligation tied to an equity award or option exercise. The shares were recorded at $43.63 each for a total value of about $18,674. This was a tax-withholding disposition (not an open‑market sale).
Key Details
- Transaction date: 2026-03-15; reported on Form 4 filed 2026-03-17 (timely filing).
- Price used: $43.63 per share (footnote notes Nasdaq close on the last preceding business day, 2026-03-13).
- Shares disposed: 428; total value ≈ $18,674.
- Transaction code: F — payment of exercise price or tax liability (share withholding to cover taxes).
- Shares owned after transaction: not specified in the provided filing.
- This was a withholding/settlement for tax purposes, not a market sale; it typically reflects administrative tax obligations rather than a directional view on the stock.
Context Tax-withholding dispositions (code F) are common after option exercises or restricted stock vesting. They indicate shares were surrendered or withheld to satisfy tax obligations and do not by themselves signal bullish or bearish insider intent.