Form 4: Zillow Group President Susan Daimler Reports Stock Sales
SEC Form 4
Susan Daimler, President of Zillow Group, reported the sale of Class A Common Stock and Class C Capital Stock, along with the exercise of stock options, on March 1, 2024.
Summary
- On March 1, 2024, Susan Daimler, President of Zillow Group, executed multiple transactions involving Zillow Group's Class A Common Stock and Class C Capital Stock.
- Daimler exercised stock options to acquire 4,250 shares of Class A Common Stock at $30.7534 per share and sold them at a weighted average price of $54.8389.
- She also exercised options to acquire 5,746 shares of Class C Capital Stock at $35.4807 per share and sold them at a weighted average price of $56.8913.
- Additional sales of Class C Capital Stock occurred at weighted average prices of $57.0005 and $56.7734.
- Similar transactions were reported for shares held indirectly by Daimler's spouse.
- Following these transactions, Daimler directly owns 41,358 shares of Class C Capital Stock and indirectly owns 23,831 shares of Class C Capital Stock through her spouse.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
This filing is a routine disclosure of insider trading activity. It's common for executives to exercise stock options and sell shares for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 01/01/2016 | Date at which first vesting occurs for stock options. |
| 03/01/2024 | Date of the reported transactions (stock option exercises and sales). |
| 03/05/2024 | Date of the signature on the Form 4 filing. |
| 01/07/2025 | Expiration date of the stock options. |
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