Form 4: Zillow Group Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Errol G. Samuelson, Chief Industry Development Officer at Zillow Group, sold shares of Class C Capital Stock to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- On August 14, 2024, Errol G. Samuelson, Chief Industry Development Officer of Zillow Group, Inc., sold shares of Class C Capital Stock.
- A total of 4,166 shares were sold at a weighted average price of $52.5774, with individual prices ranging from $52.00 to $52.99.
- An additional 2,834 shares were sold at a weighted average price of $53.2534, with individual prices ranging from $53.04 to $53.8101.
- The sales were executed to cover tax withholding obligations related to the vesting of restricted stock units.
- Following these transactions, Samuelson directly owns 152,891 shares of Class C Capital Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock sales by an executive to cover tax obligations, which is a neutral event.
Industry Context
Form 4 filings are a routine part of the US market and are required by the SEC to provide transparency when company insiders trade their company's stock. These filings do not necessarily indicate a change in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 08/14/2024 | Date of stock sale transactions. |
| 08/15/2024 | Date of signature by Attorney-in-Fact. |
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