Form 4: Zillow GC Sells Shares for Tax & 10b5-1 Plan
Insider Trading Report
Zillow Group's General Counsel, Bradley D. Owens, reported sales of Class C Capital Stock totaling 4,622 shares for tax obligations and under a pre-arranged trading plan.
Summary
- Bradley D. Owens, General Counsel of Zillow Group, Inc., reported transactions involving the sale of Class C Capital Stock.
- On August 13, 2025, 725 shares were sold at a weighted average price of $80.8107 per share to cover tax withholding due upon vesting of restricted stock units.
- Also on August 13, 2025, an additional 883 shares were sold at a weighted average price of $82.0013 per share, also for tax withholding related to restricted stock unit vesting.
- On August 15, 2025, 3,014 shares were sold at a price of $85.35 per share.
- This latter sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Owens on August 21, 2023.
- Following these transactions, Bradley D. Owens beneficially owns 42,593 shares of Class C Capital Stock.
Sentiment
Score: 5
Explanation: The filing reports routine insider stock sales for tax purposes and under a pre-arranged trading plan, which are generally neutral events and do not indicate a significant positive or negative sentiment regarding the company's prospects.
Positives
- The sales include transactions made under a Rule 10b5-1 trading plan, indicating pre-scheduled and non-discretionary sales, which can reduce concerns about insider sentiment.
Negatives
- No specific negative indicators are present as the sales are for routine purposes (tax withholding and pre-planned trading).
Future Outlook
This filing does not contain forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing is a routine disclosure of insider stock transactions, common across all publicly traded companies. It reflects an executive's management of personal equity holdings, often for tax purposes or through pre-scheduled trading plans, rather than a reflection of broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal direct impact as these are routine insider sales for tax and pre-planned purposes, not indicative of a change in company fundamentals or executive confidence.
- Employees: No direct impact mentioned.
Key Dates
| Date | Description |
|---|---|
| 08/21/2023 | Date Rule 10b5-1 trading plan was adopted by Bradley D. Owens. |
| 08/13/2025 | Date of sale for 725 shares at $80.8107 and 883 shares at $82.0013 to cover tax withholding. |
| 08/15/2025 | Date of sale for 3,014 shares at $85.35 under a Rule 10b5-1 trading plan. |
Keywords
Zillow Group, Zillow, ZG, Form 4, Insider Trading, Stock Sale, Executive Compensation, 10b5-1 Plan, Tax Withholding
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