Form 4: Zillow Executive Sells Shares to Cover Tax Obligations

Errol G. Samuelson, Chief Industry Development Officer at Zillow Group, Inc., sold shares of Class C Capital Stock to cover tax withholding obligations.

Summary

• On February 13, 2025, Errol G. Samuelson, Chief Industry Development Officer of Zillow Group, Inc., sold shares of Class C Capital Stock.
• A total of 6,682 shares were sold at a weighted average price of $77.6926, and 285 shares were sold at a weighted average price of $78.3468.
• These sales were executed to cover tax withholding requirements related to the vesting of restricted stock units.
• Following these transactions, Samuelson directly owns 127,467 shares of Class C Capital Stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction (selling shares to cover taxes) and doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Executive stock sales are a common occurrence in publicly traded companies, often related to compensation and tax obligations. These transactions are closely monitored by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The sale of shares by a company executive can be perceived differently by stakeholders.
• Some may view it as a lack of confidence in the company's future, while others may see it as a normal part of executive compensation and financial planning.

Key Dates

Keywords

Zillow Group, Errol G. Samuelson, Class C Capital Stock, SEC Form 4, Insider Trading, Tax Withholding, Restricted Stock Units, Share Sale