Zillow Group (NASDAQ: Z) CEO sells 9,072 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zillow Group Chief Executive Officer Jeremy Wacksman sold 9,072 shares of Class C Capital Stock in an open-market transaction at $36.54 per share. After the sale on May 22, 2026, he directly held 153,699 shares. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 20, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,072 shares ($331,491)
Net Sell
1 txn
Insider
Wacksman Jeremy
Role
Chief Executive Officer
Sold
9,072 shs ($331K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class C Capital Stock | 9,072 | $36.54 | $331K |
Holdings After Transaction:
Class C Capital Stock — 153,699 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 9,072 shares
Sale price: $36.54 per share
Shares held after: 153,699 shares
+2 more
5 metrics
Shares sold
9,072 shares
Open-market sale on May 22, 2026
Sale price
$36.54 per share
Price for Class C Capital Stock sold
Shares held after
153,699 shares
Direct holdings following transaction
Net share change
-9,072 shares
Net-sell direction in transaction summary
Trading plan adoption date
February 20, 2026
Rule 10b5-1 plan used for sale
Key Terms
Class C Capital Stock, open-market sale, Rule 10b5-1 trading plan, Form 4
4 terms
Class C Capital Stock financial
"security_title: "Class C Capital Stock""
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.
Rule 10b5-1 trading plan regulatory
"The sale was effected pursuant to a Rule 10b5-1 trading plan"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Zillow Group (Z) CEO Jeremy Wacksman report?
Jeremy Wacksman reported an open-market sale of 9,072 shares of Zillow Group Class C Capital Stock. The transaction occurred on May 22, 2026 at a price of $36.54 per share, according to the Form 4 insider trading report.
What does a Form 4 filing for Zillow Group (Z) indicate to investors?
A Form 4 shows recent insider trades, such as purchases, sales, or grants. For Zillow Group, this filing details the CEO’s open-market sale, share count, price, and remaining holdings, offering transparency into management’s personal equity activity.