Form 4: Zillow Group Director Erik Blachford Reports Stock Transactions

Sentiment:

SEC Form 4


Director Erik Blachford reports acquisition of Class C Capital Stock and disposition of Class A Common Stock and Class C Capital Stock of Zillow Group, Inc.

Summary

  • On March 1, 2024, Erik Blachford, a director of Zillow Group, Inc., acquired 5,652 shares of Class C Capital Stock.
  • These shares were acquired through a grant of restricted stock units that vest quarterly over one year.
  • On March 5, 2024, Blachford disposed of 20,733 shares of Class A Common Stock at an average price of $52.0235.
  • Additionally, 431 shares of Class A Common Stock were sold at an average price of $52.6495 on the same day.
  • 6,000 shares of Class A Common Stock were sold at a price of $52.20.
  • On March 5, 2024, Blachford also disposed of 39,859 shares of Class C Capital Stock at an average price of $54.2984.
  • Another 400 shares of Class C Capital Stock were sold at an average price of $54.7305.
  • Following these transactions, Blachford directly owns 6,431 shares of Class A Common Stock and 38,229 shares of Class C Capital Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.

Positives

  • The acquisition of restricted stock units demonstrates a continued alignment of the director's interests with the long-term performance of the company.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a company director.

Key Dates

DateDescription
03/01/2024Erik Blachford acquired 5,652 shares of Class C Capital Stock through restricted stock units.
03/05/2024Erik Blachford disposed of shares of Class A Common Stock and Class C Capital Stock.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.