Zillow (Z): Officer RSU tax sales; holds 120,815 Class C shares

Zillow Group (Z, ZG) insider activity: The company’s Chief Industry Development Officer reported multiple open‑market sales of Class C Capital Stock on 11/12/2025.

Rhea-AI Filing Summary

Zillow Group (Z, ZG) insider activity: The company’s Chief Industry Development Officer reported multiple open‑market sales of Class C Capital Stock on 11/12/2025. The filing states the sales represent shares sold to cover tax withholding due upon vesting of restricted stock units.

Transactions included 5,816 shares at a weighted average price of $70.8088, 1,240 shares at $71.7316, 392 shares at $72.7346, and 193 shares at $73.6091. Each tranche was executed across multiple trades within disclosed price ranges. Following these transactions, the reporting person beneficially owns 120,815 Class C shares, held directly.

Insider Trade Summary

Net Seller: 7,641 shares

Net Sell 4 txns

Insider Samuelson Errol G

Role Chief Industry Dev. Officer

Sold 7,641 shs ($543K)

Type	Security	Shares	Price	Value
Sale	Class C Capital Stock	5,816	$70.8088	$412K
Sale	Class C Capital Stock	1,240	$71.7316	$89K
Sale	Class C Capital Stock	392	$72.7346	$29K
Sale	Class C Capital Stock	193	$73.6091	$14K

Holdings After Transaction: Class C Capital Stock — 120,815 shares (Direct)

Footnotes (5)

1. F1. Represents shares sold to cover tax withholding due upon vesting of restricted stock units.
2. F2. The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $70.39 to $71.36. 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. F3. The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $71.40 to $72.335. 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. F4. The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $72.41 to $73.37. 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.
5. F5. The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $73.45 to $73.73. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Zillow (Z) disclose in this Form 4?

An officer reported sales of Class C shares on 11/12/2025 to cover tax withholding upon RSU vesting, with multiple weighted average price tranches.

How many shares were sold by the reporting person?

Sales occurred in tranches of 5,816, 1,240, 392, and 193 Class C shares.

What prices were the shares sold at?

Weighted average prices were $70.8088, $71.7316, $72.7346, and $73.6091, with trades executed within disclosed ranges.

What is the stated purpose of the sales?

The filing states the sales represent shares sold to cover tax withholding due upon RSU vesting.

How many Zillow shares does the insider now own?

The reporting person beneficially owns 120,815 Class C shares, held directly.

Which class of Zillow stock was involved?

The transactions involved Class C Capital Stock of Zillow Group, Inc. (tickers Z and ZG).

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 11/14/2025 - 05:46 PM Learn about SEC filing dates

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^*

Samuelson Errol G

(Last) (First) (Middle)

C/O ZILLOW GROUP, INC.

1301 SECOND AVENUE, FLOOR 36

(Street)

SEATTLE WA 98101

(City) (State) (Zip)

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)
	Chief Industry Dev. Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/12/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Class C Capital Stock	11/12/2025		S		5,816(1)	D	$70.8088(2)	122,640	D
Class C Capital Stock	11/12/2025		S		1,240(1)	D	$71.7316(3)	121,400	D
Class C Capital Stock	11/12/2025		S		392(1)	D	$72.7346(4)	121,008	D
Class C Capital Stock	11/12/2025		S		193(1)	D	$73.6091(5)	120,815	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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 $70.39 to $71.36. 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 $71.40 to $72.335. 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 reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $72.41 to $73.37. 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.

5. The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $73.45 to $73.73. 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.

Remarks:

	/s/ Shannon Cartales Attorney-in-Fact	11/14/2025
	** 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.