---
schema_version: "secwatch.filing_event.v1"
accession: "0001057352-24-000077"
form_type: "8-K"
ticker: "CSGP"
cik: "0001057352"
company_name: "COSTAR GROUP, INC."
filed_at: "2024-06-18T23:59:59+00:00"
generated_at: "2026-06-01T03:49:17.548299+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CoStar Group appoints Christian Lown as CFO effective July 1, 2024

## Summary
- Lown joins from Freddie Mac where he served as EVP and CFO since June 2020.
- Annual base salary of $550,000; target incentive award of 95% of base salary, max 190%.
- Receives restricted stock award with grant-date value of $2,750,000 vesting over 3 years.
- Severance: 12 months base salary plus COBRA if terminated without cause within first year; 6 months thereafter.
- Lown brings 25+ years of experience in banking, finance, and real estate, including 11 years at Morgan Stanley.

## SEC filing metadata
- accession: 0001057352-24-000077
- form_type: 8-K
- ticker: CSGP
- cik: 0001057352
- company_name: COSTAR GROUP, INC.
- filed_at: 2024-06-18T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1057352/000105735224000077/0001057352-24-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1057352/000105735224000077/csgp-20240618.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001057352-24-000077
- JSON: https://secwatch.observer/filing/0001057352-24-000077.json
- Plain text: https://secwatch.observer/filing/0001057352-24-000077.txt

## Key facts
- Executive change
  Christian Lown was appointed as Chief Financial Officer at COSTAR GROUP, INC..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On June 18, 2024, CoStar Group, Inc. (“CoStar” or the “Company”) announced the appointment of Christian Lown as Chief Financial Officer of the Company, effective July 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1057352/000105735224000077/0001057352-24-000077-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.