Zillow Group (NASDAQ: Z, ZG) GC sells 5,610 Class C shares under 10b5-1 plan

Q: What did Zillow (Z) General Counsel Bradley Owens report in this Form 4?

Bradley Owens reported selling 5,610 shares of Zillow Class C stock in three open-market transactions. The trades occurred on May 14–15, 2026 at weighted average prices around the high $30s per share.

Q: At what prices did Bradley Owens sell Zillow (Z) Class C shares?

Owens sold shares at weighted average prices of $37.23 , $37.8343 , and $38.61 per share. Footnotes note these were averages for multiple trades within narrower price ranges on each transaction date.

Q: How many Zillow (Z) shares does Bradley Owens hold after these transactions?

Following the reported sales, Owens directly holds 65,245 shares of Zillow Class C Capital Stock. This figure reflects his remaining direct ownership after disposing of 5,610 shares across the three reported transactions.

Q: Were Bradley Owens’ Zillow (Z) stock sales under a 10b5-1 trading plan?

Yes. A footnote states the sale was effected under a Rule 10b5-1 trading plan adopted on August 19, 2025 . Such plans pre-schedule trades, making the timing more routine and less discretionary.

Q: Why did Bradley Owens sell some Zillow (Z) shares according to the filing?

One footnote explains some shares were sold to cover tax withholding due upon vesting of restricted stock units. This indicates part of the disposition was related to tax obligations rather than discretionary portfolio changes.

Q: What does the Form 4 say about the structure of Zillow (Z) sale prices?

For two transactions, the filing reports a weighted average sale price across multiple trades. Prices ranged from $37.54–$38.29 and $38.5650–$38.71 , with detailed per-trade information available on request.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Zillow Group General Counsel Bradley D. Owens reported open-market sales of 5,610 shares of Class C Capital Stock. The transactions on May 14–15, 2026 were executed at weighted average prices between $37.23 and about $38.71.

According to a footnote, a portion of the shares was sold to cover tax withholding upon vesting of restricted stock units, and the sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on August 19, 2025. After these sales, Owens directly holds 65,245 Class C shares.

Insider Trade Summary 10b5-1

Net Seller: 5,610 shares ($210,443)

Net Sell 3 txns

Insider Owens Bradley D.

Role General Counsel

Sold 5,610 shs ($210K)

Type	Security	Shares	Price	Value
Sale	Class C Capital Stock	3,364	$37.23	$125K
Sale	Class C Capital Stock	1,956	$37.8343	$74K
Sale	Class C Capital Stock	290	$38.61	$11K

Holdings After Transaction: Class C Capital Stock — 65,245 shares (Direct, null)

Footnotes (1)

Represents shares sold to cover tax withholding due upon vesting of restricted stock units. The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $37.54 to $38.29. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range. The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $38.5650 to $38.71. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2025.

Key Figures

Shares sold total: 5,610 shares Sale price 2026-05-15: $37.23 per share Sale price 2026-05-14 (1): $38.61 per share +3 more

6 metrics

Shares sold total 5,610 shares Net shares sold across three open-market transactions

Sale price 2026-05-15 $37.23 per share Weighted average sale price for 3,364 shares

Sale price 2026-05-14 (1) $38.61 per share Weighted average sale price for 290 shares

Sale price 2026-05-14 (2) $37.8343 per share Weighted average sale price for 1,956 shares

Shares held after sales 65,245 shares Direct holdings of Class C Capital Stock after transactions

10b5-1 plan adoption date August 19, 2025 Date Owens adopted Rule 10b5-1 trading plan

Key Terms

Class C Capital Stock, restricted stock units, weighted average sale price, Rule 10b5-1 trading plan, +1 more

5 terms

Class C Capital Stock financial

"security_title: "Class C Capital Stock""

restricted stock units financial

"shares sold to cover tax withholding due upon vesting of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

weighted average sale price financial

"The reported price is a weighted average sale price."

Rule 10b5-1 trading plan regulatory

"The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

05/15/2026 - 05:03 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Owens Bradley D.

(Last)

(First)

(Middle)

C/O ZILLOW GROUP, INC.

1301 SECOND AVENUE, FLOOR 36

(Street)

SEATTLE

WASHINGTON

98101

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ZILLOW GROUP, INC. [ Z AND ZG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class C Capital Stock	05/14/2026		S		1,956⁽¹⁾	D	$37.8343⁽²⁾	68,899	D
Class C Capital Stock	05/14/2026		S		290⁽¹⁾	D	$38.61⁽³⁾	68,609	D
Class C Capital Stock	05/15/2026		S		3,364⁽⁴⁾	D	$37.23	65,245	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares sold to cover tax withholding due upon vesting of restricted stock units.

2. The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $37.54 to $38.29. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range.

3. The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $38.5650 to $38.71. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range.

4. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2025.

Remarks:

	/s/ Shannon Cartales Attorney-in-Fact	05/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Zillow (Z) General Counsel Bradley Owens report in this Form 4?

Bradley Owens reported selling 5,610 shares of Zillow Class C stock in three open-market transactions. The trades occurred on May 14–15, 2026 at weighted average prices around the high $30s per share.

At what prices did Bradley Owens sell Zillow (Z) Class C shares?

Owens sold shares at weighted average prices of $37.23, $37.8343, and $38.61 per share. Footnotes note these were averages for multiple trades within narrower price ranges on each transaction date.

How many Zillow (Z) shares does Bradley Owens hold after these transactions?

Following the reported sales, Owens directly holds 65,245 shares of Zillow Class C Capital Stock. This figure reflects his remaining direct ownership after disposing of 5,610 shares across the three reported transactions.

Were Bradley Owens’ Zillow (Z) stock sales under a 10b5-1 trading plan?

Yes. A footnote states the sale was effected under a Rule 10b5-1 trading plan adopted on August 19, 2025. Such plans pre-schedule trades, making the timing more routine and less discretionary.

Why did Bradley Owens sell some Zillow (Z) shares according to the filing?

One footnote explains some shares were sold to cover tax withholding due upon vesting of restricted stock units. This indicates part of the disposition was related to tax obligations rather than discretionary portfolio changes.

What does the Form 4 say about the structure of Zillow (Z) sale prices?

For two transactions, the filing reports a weighted average sale price across multiple trades. Prices ranged from $37.54–$38.29 and $38.5650–$38.71, with detailed per-trade information available on request.