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CoStar Group amends Executive Severance Plan to remove director clause amid proxy contest threats CSGP Costar Group, Inc.
CoStar Group, Inc. amended its Executive Severance Plan on February 13, 2026, to remove a "director clause" from the definition of a Change in Control. The company implemented this change to avoid potential litigation and distraction resulting from threatened proxy contests by Third Point LLC and D. E. Shaw & Co., L.P.
More from Costar Group, Inc. CoStar agrees to acquire Vexcel for $730M in cash and reports Q3 revenue of $952M Oct 27, 2026 CoStar Group completes acquisition of Zonda for $800 million in cash Aug 21, 2026 CoStar reports Q2 revenue of $925 million, up 18%, with adjusted EBITDA doubling to $184 million Jul 28, 2026 CoStar Group appointed Robin Rossmann as Chief Financial Officer, effective July 31, 2026, replacing Christian Lown… Jul 13, 2026 Stockholders approve CoStar Group's 2026 Employee Stock Purchase Plan authorizing 2,500,000 shares Jun 25, 2026 All content on this site is for informational purposes only and does not constitute financial, investment, legal, or tax advice. Past performance is not indicative of future results. Always consult a qualified financial advisor before making investment decisions.
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