Form 4: Zillow Director Claire Cormier Thielke Sells 1,413 Shares Under 10b5-1 Plan

Zillow Group director Claire Cormier Thielke sold 1,413 shares of Class C Capital Stock at $83.5 per share on December 3, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Claire Cormier Thielke, a director at Zillow Group, sold 1,413 shares of Class C Capital Stock on December 3, 2024.
• The sale was executed at a price of $83.5 per share.
• This transaction was conducted under a pre-established Rule 10b5-1 trading plan adopted on June 10, 2024.
• Following the sale, Ms. Thielke directly owns 1,413 shares of Class C Capital Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to a pre-planned stock sale by a director. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to insider trading activity. It is common for corporate insiders to use 10b5-1 plans to manage their stock sales and avoid accusations of trading on non-public information.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The use of a 10b5-1 trading plan is a common method for corporate insiders to sell shares without raising concerns about insider trading, and is used by directors and officers at many companies including comparable companies such as Redfin and Opendoor.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant impact due to the pre-planned nature of the transaction.

Key Dates

Keywords

Zillow, insider trading, Form 4, stock sale, Rule 10b5-1, Class C Capital Stock, director