Zillow (Z) CAO Rock sells 1,034 shares to cover RSU tax withholding

Rhea-AI Filing Summary

Zillow Group Chief Accounting Officer Jennifer Rock reported selling 1,034 shares of Class C capital stock on May 14, 2026. The footnotes state these shares were sold specifically to cover tax withholding due upon the vesting of restricted stock units, making this a compensation-related event rather than a discretionary sale.

The sales occurred in open-market transactions at weighted average prices of $38.715 for 60 shares and $37.9453 for 974 shares, within a broader price range from $37.54 to $38.455. After these transactions, Rock directly holds 59,742 Class C shares.

Insights

Insider trading and governance analyst

Routine tax-withholding sale tied to RSU vesting; low signaling value.

The filing shows Chief Accounting Officer Jennifer Rock selling 1,034 Zillow Group Class C shares in open-market trades. A key footnote explains the sales were made to cover tax withholding triggered by restricted stock unit vesting, not as a discretionary portfolio move.

Because these transactions simply satisfy tax obligations from equity compensation, they generally carry weaker informational content than voluntary open-market sales. After the trades, Rock still directly owns 59,742 Class C shares, indicating she retains a meaningful equity stake. The filing does not reference any Rule 10b5-1 trading plan, so the main takeaway is the mechanistic nature of the tax-related disposition.

Insider Trade Summary

Net Seller: 1,034 shares ($39,282)

Net Sell 2 txns

Insider Rock Jennifer

Role Chief Accounting Officer

Sold 1,034 shs ($39K)

Type	Security	Shares	Price	Value
Sale	Class C Capital Stock	974	$37.9453	$37K
Sale	Class C Capital Stock	60	$38.715	$2K

Holdings After Transaction: Class C Capital Stock — 59,802 shares (Direct, null)

Footnotes (1)

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 $38.455. 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.

Key Figures

Shares sold: 1,034 shares Weighted average price (60 shares): $38.715 per share Weighted average price (974 shares): $37.9453 per share +2 more

5 metrics

Shares sold 1,034 shares Net Class C shares sold on May 14, 2026

Weighted average price (60 shares) $38.715 per share Open-market sale of 60 Class C shares

Weighted average price (974 shares) $37.9453 per share Open-market sale of 974 Class C shares

Price range of sales $37.54–$38.455 Multiple sale transactions within this range

Shares held after transactions 59,742 shares Direct Class C holdings after May 14, 2026 sales

Key Terms

restricted stock units, weighted average sale price, open-market sale, Class C Capital Stock

4 terms

restricted stock units financial

"Represents 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."

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.

Class C Capital Stock financial

"security_title": "Class C Capital Stock""

Form 4 Insider Transactions: What Each Field Means →

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^*

Rock Jennifer

(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)
	Chief Accounting Officer

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)
			Code	V	Amount	(A) or (D)	Price
Class C Capital Stock	05/14/2026		S		974(1)	D	$37.9453(2)	59,802	D
Class C Capital Stock	05/14/2026		S		60(1)	D	$38.715	59,742	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 $37.54 to $38.455. 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	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)

FAQ

What did Zillow Group (Z) executive Jennifer Rock report in this Form 4?

Jennifer Rock reported selling 1,034 shares of Zillow Group Class C stock. The filing states the sales were made to cover tax withholding due upon restricted stock unit vesting, and she continues to hold a substantial direct share position afterward.

Were Jennifer Rock’s Zillow (Z) share sales discretionary or tax-related?

The sales were tax-related, not purely discretionary. A footnote explains the 1,034 Class C shares were sold specifically to cover tax withholding owed when her restricted stock units vested, a common mechanism for handling equity-compensation tax obligations.

How many Zillow Group (Z) shares does Jennifer Rock hold after these transactions?

Following the reported transactions, Jennifer Rock directly holds 59,742 shares of Zillow Group Class C capital stock. This post-transaction balance comes from the Form 4 table showing her direct ownership after the 1,034 shares were sold to satisfy tax withholding needs.

At what prices did Jennifer Rock’s Zillow (Z) stock sales occur?

The Form 4 reports a weighted average price of $38.715 for 60 shares and $37.9453 for 974 shares. A footnote adds these were part of multiple trades in a $37.54–$38.455 price range on the transaction date.

What type of Zillow (Z) security did Jennifer Rock sell in this Form 4?

She sold Zillow Group Class C Capital Stock. Both transactions involved non-derivative shares of this class, and the filing clarifies they were sold in open-market transactions to cover tax withholding from vested restricted stock units.

Does this Zillow (Z) Form 4 indicate any option or derivative exercises?

No derivative exercises are shown in this Form 4. The filing lists only non-derivative transactions in Class C Capital Stock, and the derivative transaction summary indicates zero derivative transactions or remaining derivative positions disclosed here.