Form 4: Zillow Director Claire Cormier Thielke Executes Stock Option and Sells Shares

Zillow Group director Claire Cormier Thielke exercised stock options and sold shares of Class C Capital Stock on November 22, 2024.

Summary

• Claire Cormier Thielke, a director at Zillow Group, exercised stock options to acquire 10,353 shares of Class C Capital Stock at a price of $41.48 per share on November 22, 2024.
• On the same day, she sold 10,353 shares of Class C Capital Stock at a weighted average price of $83.4067 per share, with individual sales ranging from $83.0201 to $83.9550.
• Following these transactions, Ms. Thielke directly owns 2,826 shares of Class C Capital Stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of insider trading activity, with no inherent positive or negative sentiment.

Industry Context

This is a routine SEC Form 4 filing, which is standard practice when company insiders, such as directors, trade company stock. It provides transparency into the transactions of company leadership.

Comparison to Industry Standards

• Form 4 filings are a standard requirement for publicly traded companies in the US, ensuring transparency of insider transactions.
• The reported transactions are typical for directors who receive stock options as part of their compensation and may choose to exercise and sell them.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are routine insider trades.

Key Dates

Keywords

Zillow, Stock Options, Insider Trading, Form 4, Class C Capital Stock, Director, SEC Filing, Share Sale