Form 4: Zillow Director Sells Shares Under Pre-Arranged 10b5-1 Plan

Zillow Group Director Claire Cormier Thielke sold 242 shares of Class C Capital Stock for $81.91 per share, as part of a pre-arranged 10b5-1 trading plan.

Summary

• Director Claire Cormier Thielke, a director at Zillow Group, Inc., reported a transaction involving the company's Class C Capital Stock.
• On September 3, 2025, 242 shares of Class C Capital Stock were disposed of at a price of $81.91 per share.
• This sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by the reporting person on March 13, 2025.
• Following this transaction, Claire Cormier Thielke directly beneficially owns 483 shares of Zillow Group Class C Capital Stock.

Sentiment

Score: 5

Explanation: The sale of shares by a director, while pre-planned under a 10b5-1 plan, represents a reduction in insider ownership. This is generally perceived as neutral to slightly negative by investors, as it reduces the director's direct alignment with shareholder interests, though the pre-planned nature mitigates immediate concerns.

Positives

• The sale was conducted under a Rule 10b5-1 trading plan, adopted on March 13, 2025, indicating a pre-scheduled transaction not based on immediate, non-public information.

Negatives

• Director Claire Cormier Thielke reduced her direct beneficial ownership of Zillow Group Class C Capital Stock by 242 shares.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: A director's sale of shares, even if pre-planned, slightly reduces insider alignment with shareholder interests, though the impact is minimal given the small number of shares relative to the company's market capitalization.

Key Dates

Keywords

Zillow Group, Z, ZG, insider trading, Form 4, stock sale, director, 10b5-1 plan, Class C Capital Stock