AI English summary of an SEC filing — figures as filed

CoStar Group said its Board of Directors appointed Cynthia Eakin as Chief Accounting Officer, effective immediately, on July 8, 2024. The company said Eakin will serve as principal accounting officer and report to Chief Financial Officer Christian Lown.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Jul 11, 2024Period of report Jul 8, 2024Summary published (UTC) Oct 29, 2026

Key points

AI summary

CoStar Group said its Board of Directors appointed Cynthia Eakin as Chief Accounting Officer, effective immediately, on July 8, 2024. The company said Eakin will serve as principal accounting officer and report to Chief Financial Officer Christian Lown.
The company said Eakin joined CoStar in October 2016 and then served as Senior Vice President of Investor Relations, after previously serving for 5 years as Vice President Controller. The press release said that in her new role she will be responsible for corporate accounting, revenue reporting, tax compliance, technical accounting and policy, and financial reporting.
The company said Eakin is entitled to receive a restricted stock award with a grant date value of $750,000 (the Initial RSA). The number of shares will be determined using the fair market value of the company's common stock on the grant date. The award will vest in 4 equal annual installments on each anniversary of the grant date, subject to her continued employment.
CoStar Group said on July 11, 2024 that it appointed Rich Simonelli as Head of Investor Relations, reporting to Chief Financial Officer Chris Lown. The company said Simonelli previously held a similar role at CoStar Group for 9 years and is rejoining from Compass, where he was Senior Vice President, Investor Relations.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Cynthia Eakin Appointed Chief Accounting Officer

CoStar Group said its Board of Directors appointed Cynthia Eakin as Chief Accounting Officer, effective immediately, on July 8, 2024. The company said Eakin will serve as principal accounting officer and report to Chief Financial Officer Christian Lown.

Source · Based on the filing body and exhibits

Eakin's Background and New Responsibilities

The company said Eakin joined CoStar in October 2016 and then served as Senior Vice President of Investor Relations, after previously serving for 5 years as Vice President Controller. The press release said that in her new role she will be responsible for corporate accounting, revenue reporting, tax compliance, technical accounting and policy, and financial reporting.

Source · Based on the filing body and exhibits

Restricted Stock Award Terms for Eakin Appointment

The company said Eakin is entitled to receive a restricted stock award with a grant date value of $750,000 (the Initial RSA). The number of shares will be determined using the fair market value of the company's common stock on the grant date. The award will vest in 4 equal annual installments on each anniversary of the grant date, subject to her continued employment.

Source · Based on the filing body and exhibits

Rich Simonelli Appointed Head of Investor Relations

CoStar Group said on July 11, 2024 that it appointed Rich Simonelli as Head of Investor Relations, reporting to Chief Financial Officer Chris Lown. The company said Simonelli previously held a similar role at CoStar Group for 9 years and is rejoining from Compass, where he was Senior Vice President, Investor Relations.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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