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  4. [Form 4] ZILLOW GROUP, INC. Insider Trading Activity

Zillow (Z) CTO trims stake in sale for tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Zillow Group, Inc. reports that Chief Technology Officer David A. Beitel sold 1,798 shares of Class C Capital Stock on 2026-08-13. The shares were sold to cover tax withholding due upon vesting of restricted stock units, at a weighted average price of $34.2439 per share, from trades between $34.17 and $34.4750. Following these transactions, Beitel directly holds 133,013 shares of Class C Capital Stock.

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Insider Beitel David A.
Role Chief Technology Officer
Sold 1,798 shs ($62K)
Type Security Shares Price Value
Sale Class C Capital Stock F1, F2 1,798 $34.2439 $62K
Holdings After Transaction: Class C Capital Stock — 133,013 shares (Direct)
Footnotes (2)
  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 $34.17 to $34.4750. 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.
Shares sold 1,798 shares Class C Capital Stock sold on 2026-08-13
Weighted average sale price $34.2439 per share Weighted average price for the 1,798 shares sold
Sale price range $34.17 to $34.4750 per share Range of prices for multiple sale transactions on 2026-08-13
Shares held after transaction 133,013 shares Direct holdings of Class C Capital Stock after the sale
restricted stock units financial
"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."
tax withholding financial
"shares sold to cover tax withholding due upon vesting"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

FAQ

What transaction did Zillow (Z) CTO David Beitel report on this Form 4?
David A. Beitel reported a sale of 1,798 shares of Zillow Class C Capital Stock on 2026-08-13. The sale was executed to cover tax withholding obligations related to vesting restricted stock units.

At what price did David Beitel sell Zillow (Z) shares in this Form 4?
The reported weighted average sale price was $34.2439 per share. The shares were sold in multiple transactions, at prices ranging from $34.17 to $34.4750, as disclosed in the filing footnote.

How many Zillow (Z) shares does David Beitel hold after the reported sale?
After the reported transaction, David A. Beitel directly holds 133,013 shares of Zillow Class C Capital Stock. This figure reflects his direct ownership position following the 1,798-share sale to cover tax withholding.

Why were the Zillow (Z) shares sold in David Beitel’s Form 4 filing?
The 1,798 shares were sold to cover tax withholding due upon the vesting of restricted stock units. This indicates the transaction was linked to an equity compensation event rather than a purely discretionary open-market sale.

Was David Beitel’s Zillow (Z) share sale under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for this transaction. The filing instead notes that shares were sold specifically to cover tax withholding upon RSU vesting, without citing a trading plan.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Beitel David A.
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class C Capital Stock08/13/2026S1,798(1)D$34.2439(2)133,013D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 $34.17 to $34.4750. 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-Fact08/17/2026
** Signature of Reporting PersonDate
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