ZG Form 144: 1,608 Class C Shares via Charles Schwab Disclosed

Rhea-AI Filing Summary

Zillow Group (ZG) Form 144 reports a proposed sale of 1,608 Class C shares through Charles Schwab on NASDAQ, with an aggregate market value of $130,995.00 and 185,964,745 shares outstanding. The shares listed for sale were acquired on 08/13/2025 by restricted stock lapse and paid as equity compensation, indicating these are insider-held, compensation-related shares.

The filing also discloses two recent sales by Bradley Owens in May 2025: 1,154 shares for $79,327.00 on 05/14/2025 and 3,466 shares for $239,029.00 on 05/16/2025. The notice includes the insider representation that no material nonpublic information is known to the seller.

Positive

• Disclosure identifies the specific broker handling the sale: Charles Schwab & Co., Inc.
• Filing specifies the number of shares to be sold (1,608) and the aggregate market value ($130,995.00), providing transparent transaction details
• Acquisition method is disclosed as a restricted stock lapse and payment as equity compensation, clarifying the origin of the shares
• The seller provides the standard representation that they do not know of any material undisclosed information

Negative

• Filer identifiers and contact fields (CIK/CCC and submission contact) appear unpopulated in the provided content
• The document shows a Date of Notice field and signature area but no populated date or signature appears in the text provided
• The filer (Bradley Owens) reported recent sales in May 2025 (1,154 and 3,466 shares), which may be relevant to investor scrutiny of insider trading activity

Insights

Securities Analyst

TL;DR: Routine insider sale disclosure for compensation-related shares; modest size relative to company capitalization.

The Form 144 documents an intended sale of 1,608 Class C shares acquired through a restricted stock lapse and paid as equity compensation, executed via Charles Schwab on NASDAQ. The filing is procedural: it notifies the market of an expected off-exchange transfer under Rule 144 and lists recent insider sales in May 2025. The disclosed aggregate market value is $130,995 on 1,608 shares, and the company has 185,964,745 shares outstanding, which places the transaction size well below levels likely to move market valuation. No earnings, new financing, or material operational changes are disclosed.

Corporate Governance Expert

TL;DR: Disclosure aligns with insider trading rules; documentation notes restricted stock lapse and seller's certification of no undisclosed material information.

The filing identifies the nature of acquisition as a restricted stock lapse and the form states the seller represents awareness of public disclosures. Broker identification (Charles Schwab & Co., Inc.) and prior sales by Bradley Owens are explicitly listed, supporting transparency. Missing filer administrative fields (CIK/contact details and a visible notice date) are present in the document but not populated, which is an administrative omission rather than a substantive governance finding. Overall, this is a routine compliance disclosure rather than a governance event signaling material corporate change.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Class C	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	1608	130995.00	185964745	08/13/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Class C	08/13/2025	Restricted Stock Lapse - See Remarks	ZILLOW GROUP, INC.			1608	08/13/2025	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
BRADLEY OWENS 1301 SECOND AVENUE, FLOOR 36 SEATTLE WA 98101	ZILLOW GROUP, INC.	05/14/2025	1154	79327.00
BRADLEY OWENS 1301 SECOND AVENUE, FLOOR 36 SEATTLE WA 98101	ZILLOW GROUP, INC.	05/16/2025	3466	239029.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Class C shares is the Zillow insider proposing to sell (ZG)?

The Form 144 lists a proposed sale of 1,608 Class C shares.

What is the aggregate market value of the shares to be sold in the ZG Form 144?

The filing reports an aggregate market value of $130,995.00 for the 1,608 shares.

Who is the broker handling the proposed sale in the ZG filing?

The broker named in the filing is Charles Schwab & Co., Inc.

When were the shares acquired and what was the nature of the acquisition?

The shares were acquired on 08/13/2025 by restricted stock lapse and the payment is listed as equity compensation.

Has the filer sold any ZG shares recently?

Yes. The filing discloses two sales by Bradley Owens: 1,154 shares on 05/14/2025 for $79,327.00 and 3,466 shares on 05/16/2025 for $239,029.00.