CoStar Group General Counsel Acquires ~$1.02M in Stock via Incentive Plan
COSTAR GROUP, INC.
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Filing Summary
CoStar Group General Counsel Acquires ~$1.02M in Stock via Incentive Plan
Company: COSTAR GROUP, INC. (CSGP) Form: 4 | Filed: 2026/03/11 Significance: Low
Insider: Boxer Gene Title: General Counsel and Secretary | Relationship: Officer
Transaction: • Type: Grant/Award • Shares: 21,920 • Price: $46.34 • Value: $1,015,773 • Owned After: 95,945
Key Insight: Routine compensation transaction where annual cash incentive was converted to Deferred Stock Units and RSUs.
Market Context: Transaction represents negligible dilution (0.005% of outstanding shares) for this $20.31B market cap company.
Comprehensive Analysis
SEC Filing Analysis: COSTAR GROUP, INC. (CSGP)
Executive Summary
- Trading Significance: Low
- Key Takeaway: General Counsel converts cash incentive to equity, aligning long-term interests with shareholders.
- Market Impact: Neutral - Routine compensation event with negligible dilution.
Company Information
| Field | Value |
|---|---|
| Company | COSTAR GROUP, INC. |
| Ticker Symbol | CSGP |
| CIK | 0001057352 |
| Industry | Services-Business Services |
Insider Information
| Field | Value |
|---|---|
| Name | Boxer Gene |
| CIK | 0001758152 |
| Title/Position | General Counsel and Secretary |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-03-10 |
| Transaction Code | A (Grant/Award) |
| Security Type | Common Stock |
| Shares Involved | 21,920 |
| Price Per Share | $46.34 (Conversion Price) |
| Total Value | ~$1,015,773 |
| Shares Owned After | 95,945 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $1,015,773 |
| % of Market Cap | 0.005% |
| Shares Transacted | 21,920 |
| % of Shares Outstanding | 0.0052% |
| Post-Transaction Ownership | 95,945 shares (0.023% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: For a Large Cap company ($20.31B), a $1M transaction is routine operational noise.
- Dilution Impact: The issuance of 21,920 shares represents 0.0052% of the 419.79M shares outstanding, resulting in virtually zero dilution impact.
- Transaction Significance: The transaction falls well below the 0.1% threshold for market significance.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: This is a non-market transaction related to an internal compensation plan (Management Stock Purchase Plan) and does not reflect open market sentiment.
Volume & Sentiment
- Expected Volume Impact: None.
- Sentiment Indicator: Neutral.
Additional Context
Transaction Notes
- Special Circumstances: As noted in Footnote 1, this transaction involves the conversion of the reporting person's annual cash incentive into Deferred Stock Units at $46.34 per unit, alongside an award of Restricted Stock Units (RSUs) vesting over four years.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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