Boxer Gene 4

What Happened Gene Boxer, General Counsel and Secretary of CoStar Group (CSGP), was awarded 21,920 shares on 2026-03-10 under the company’s compensation plan. The filing shows these as an award/acquisition (code A); the filing lists no trade price, but the footnote states the reporting person’s cash incentive was converted to Deferred Stock Units at $46.34 per unit and an equal number of Restricted Stock Units were granted that vest in full after four years — implying an aggregate notional value of roughly $1.02 million (21,920 × $46.34). This is a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-10; Form 4 filed: 2026-03-11 (timely filing)
• Transaction type/code: Award/Grant (A) — 21,920 shares acquired as DSUs/RSUs
• Per-footnote conversion price: $46.34 per unit; implied aggregate ≈ $1,015,773
• Vesting: RSUs vest in full after four years per footnote
• Shares owned after transaction: Not stated in the provided filing excerpt
• Footnote: Conversion under the Management Stock Purchase Plan; cash incentive converted to Deferred Stock Units (each equivalent to one share) and matching RSUs awarded
• No indication of a 10b5-1 plan, sale, or tax-withholding sale in this transaction

Context This was a routine compensation award (deferred stock and restricted stock units) tied to annual incentive pay, common for executives. Such awards reflect compensation structure and vest over time; they do not represent an immediate market purchase or sale and therefore should not be read alone as a bullish or bearish trading signal.