Form 4: Zillow President Sells Shares to Cover Tax Obligations

Susan Daimler, President of Zillow, sold a portion of her Class C Capital Stock to cover tax obligations arising from the vesting of restricted stock units.

Summary

• Susan Daimler, President of Zillow, sold a total of 6,396 shares of Class C Capital Stock on November 13, 2024.
• The sales were executed in multiple transactions at varying prices.
• The sales were made to cover tax withholding obligations related to the vesting of restricted stock units.
• The weighted average sale prices ranged from $73.823 to $75.1936 per share.
• After the transactions, Ms. Daimler directly owns 18,770 shares and indirectly owns 11,586 shares through her spouse.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider transactions and is common for executives who receive stock-based compensation. It does not indicate any specific trend or issue within the real estate technology industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, and the transactions are typical for executives managing their stock-based compensation.
• Similar filings are regularly seen from executives at comparable companies such as Redfin and Opendoor.

Stakeholder Impact

• The stock sales are unlikely to have a significant impact on shareholders as they are routine transactions.

Key Dates

Keywords

Zillow, stock sale, insider trading, Form 4, Susan Daimler, Class C Capital Stock, restricted stock units, tax withholding