Form 4: Zillow Director Sells Shares Under Pre-Arranged Trading Plan
Insider Transaction Report
Zillow Group, Inc. Director Erik C. Blachford sold 965 shares of Class C Capital Stock for $70.35 per share on June 9, 2025, as part of a pre-established Rule 10b5-1 trading plan.
Summary
- Erik C. Blachford, a Director of Zillow Group, Inc., reported a sale of company stock.
- The transaction involved 965 shares of Zillow's Class C Capital Stock.
- The shares were sold at a price of $70.35 per share.
- The sale occurred on June 9, 2025.
- Following this transaction, Mr. Blachford directly owns 35,474 shares of Class C Capital Stock.
- The sale was executed under a Rule 10b5-1 trading plan, which was adopted on March 7, 2025.
Sentiment
Score: 5
Explanation: The document reports a routine insider stock sale by a director under a pre-arranged 10b5-1 trading plan, which is a neutral event as it is not indicative of new discretionary decisions based on material non-public information.
Positives
- The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating it was not a discretionary sale based on new material non-public information.
Negatives
- A director, Erik C. Blachford, sold 965 shares of Zillow Group, Inc. Class C Capital Stock.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: May perceive the sale as a minor negative, though mitigated by the fact it was executed under a pre-arranged Rule 10b5-1 plan.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Rule 10b5-1 trading plan adopted by the reporting person. |
| 06/09/2025 | Transaction date for the sale of Class C Capital Stock. |
Recommendation
holdKeywords
Zillow, ZG, Z, insider trading, Form 4, Erik Blachford, stock sale, director, beneficial ownership, 10b5-1 plan
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