Form 4: Zillow Group's Chief Technology Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
David A. Beitel, Chief Technology Officer of Zillow Group, Inc., sold shares of Class C Capital Stock on August 14, 2024, to cover tax withholding obligations.
Summary
- David A. Beitel, the Chief Technology Officer of Zillow Group, Inc., reported the sale of Class C Capital Stock on August 14, 2024.
- A total of 2,129 shares were sold at a weighted average price of $52.6271, and 1,070 shares were sold at a weighted average price of $53.2651.
- These sales were executed to cover tax withholding requirements upon the vesting of restricted stock units.
- Following these transactions, Beitel directly owns 168,194 shares of Class C Capital Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider transaction, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 08/14/2024 | Date of the reported transactions (sale of Class C Capital Stock). |
| 08/15/2024 | Date of signature for the SEC Form 4 filing. |
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