Form 4: Zillow COO Sells Shares for Tax Withholding

Zillow Group's Chief Operating Officer, Jun Choo, sold shares of Class C Capital Stock to cover tax obligations related to restricted stock unit vesting.

Summary

• Jun Choo, Chief Operating Officer of Zillow Group, Inc. (tickers Z and ZG), reported the sale of Class C Capital Stock.
• The transactions occurred on August 13, 2025.
• A total of 1,430 shares were sold at a weighted average price of $80.8679 per share, with prices ranging from $80.585 to $81.48.
• An additional 1,539 shares were sold at a weighted average price of $82.0182 per share, with prices ranging from $81.59 to $82.485.
• The sales were conducted to cover tax withholding obligations upon the vesting of restricted stock units.
• Following these transactions, Jun Choo beneficially owns 114,129 shares of Class C Capital Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary sale of shares by an executive to cover tax obligations upon the vesting of restricted stock units. This type of transaction is common and does not typically indicate a positive or negative sentiment regarding the company's performance or future prospects.

Future Outlook

This filing is a Form 4 detailing an insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing reports a routine insider transaction for tax purposes and does not provide broader insights into industry trends or competitive dynamics within the real estate technology sector.

Stakeholder Impact

• Shareholders: The sale is a routine tax-related transaction and is unlikely to have a significant direct impact on existing shareholders beyond the minor dilution from the shares being sold into the market, which is offset by the vesting of RSUs.

Key Dates

Keywords

Zillow, ZG, Z, Form 4, Insider Transaction, Stock Sale, COO, Jun Choo, Tax Withholding, Restricted Stock Units