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

Claire Cormier Thielke, a director at Zillow Group, sold 2,826 shares of Class C Capital Stock on September 16, 2024, at a price of $61.11 per share, according to a pre-arranged Rule 10b5-1 trading plan.

Summary

• On September 16, 2024, Claire Cormier Thielke, a director of Zillow Group, Inc., sold 2,826 shares of Class C Capital Stock.
• The sale was executed at a price of $61.11 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on June 10, 2024.
• Following the transaction, Ms. Thielke directly owns 2,826 shares of Zillow Group's Class C Capital Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The use of a 10b5-1 plan suggests the sale was pre-planned and does not necessarily reflect a negative outlook on the company.

Industry Context

Sales by company directors are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares without being accused of trading on non-public information.

Stakeholder Impact

• The sale of shares by a director could have a minor psychological impact on shareholders, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates