Form 4: Zillow CEO Sells Shares Under 10b5-1 Plan

Zillow Group CEO Jeremy Wacksman sold 9,072 shares of Class C Capital Stock for $36.54 per share under a pre-arranged trading plan.

Summary

• Jeremy Wacksman, Chief Executive Officer and Director of Zillow Group, Inc., reported a transaction involving the sale of company stock.
• The transaction involved the disposition of 9,072 shares of Class C Capital Stock.
• The sale occurred on May 22, 2026, with a transaction price of $36.54 per share.
• This sale was executed under a Rule 10b5-1 trading plan, which was adopted by Mr. Wacksman on February 20, 2026.
• Following this transaction, Mr. Wacksman beneficially owns 153,699 shares of Class C Capital Stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. The sale was conducted under a pre-established 10b5-1 plan, which is a standard and legally compliant method for insiders to sell stock, mitigating concerns about opportunistic trading.

Negatives

• The CEO sold a portion of his holdings in the company.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding future company performance. It solely reports a past transaction.

Industry Context

StockSavvy.ai notes that insider sales under Rule 10b5-1 plans are common for executives to diversify holdings or manage personal finances in a pre-determined manner, aiming to avoid accusations of insider trading. The timing and volume of such sales can still be scrutinized by the market.

Stakeholder Impact

• Shareholders: The sale by the CEO may be perceived negatively by some investors, although the use of a 10b5-1 plan mitigates concerns about insider trading. The impact on share price is likely minimal given the pre-planned nature of the transaction.

Key Dates

Keywords

Zillow Group, Jeremy Wacksman, Form 4, Insider Trading, Rule 10b5-1, Stock Sale, Class C Capital Stock, CEO