CoStar Group Amends Executive Severance Plan to Remove Director Clause

Reuters

Feb 14

CoStar Group Amends Executive Severance Plan to Remove Director Clause

CoStar Group Inc. has amended its Executive Severance Plan, removing a clause from the definition of "Change in Control" that related to the composition of the company's Board of Directors. This adjustment was made at management's request to avoid potential legal costs and distractions stemming from a lawsuit linked to threatened proxy contests by Third Point LLC and D. E. Shaw & Co., L.P. All other provisions of the severance plan remain unchanged.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoStar Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001057352-26-000008), on February 13, 2026, and is solely responsible for the information contained therein.

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ID: 0001057352-26-000008), on February 13, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4079","symbol_name":"房地产服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260213:nNDL8BMWLf:1","article_id":"2611982711","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611982711","pubTimestamp":1771016563,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CoStar Group Inc. has amended its Executive Severance Plan, removing a clause from the definition of \"Change in Control\" that related to the composition of the company's Board of Directors. This adjustment was made at management's request to avoid potential legal costs and distractions stemming from a lawsuit linked to threatened proxy contests by Third Point LLC and D. E. Shaw & Co., L.P. All other provisions of the severance plan remain unchanged.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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This adjustment was made at management's request to avoid potential legal costs and distractions stemming from a lawsuit linked to threatened proxy contests by Third Point LLC and D. E. Shaw & Co., L.P. All other provisions of the severance plan remain unchanged.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoStar Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001057352-26-000008), on February 13, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"executive,event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}