ZG Insider Notice: 3,014 Class C Shares Planned Sale Worth $257K

Rhea-AI Filing Summary

Form 144 notice for Zillow Group (ZG) reporting a proposed sale of 3,014 Common Class C shares through Charles Schwab & Co., with an aggregate market value of $257,245 and an approximate sale date of 08/15/2025. The shares were reported acquired on 08/13/2025 in a restricted stock lapse from Zillow Group, Inc., with payment characterized as equity compensation. The filing lists recent sales by the same person, Bradley Owens: 3,466 shares sold 05/16/2025 for $239,029 and 1,608 shares sold 08/13/2025 for $130,995. The filing provides brokerage details but does not state the filer’s relationship to the issuer or additional contextual disclosures.

Positive

• Transparent disclosure of the proposed sale, including broker, share count, and aggregate market value
• Acquisition type disclosed (restricted stock lapse) clarifies the origin of the shares

Negative

• Missing explicit relationship to the issuer reduces clarity on insider status
• Insider sales in past three months (5,074 shares total) may attract investor attention despite modest proceeds

Insights

Securities Analyst

TL;DR: Small insider sale following restricted stock lapse; disclosure is routine and appears immaterial to valuation.

The Form 144 reports a proposed sale of 3,014 Class C shares valued at $257,245 and prior insider sales totaling 5,074 shares in the past three months with combined gross proceeds of $369, + $? (explicit totals are $369, + see filing). These amounts are modest relative to typical market capitalizations for public companies and likely represent planned monetization of equity compensation rather than a signal of operational issues. The filing includes acquisition type (restricted stock lapse) and broker information, enabling market transparency. The notice lacks explicit statement of the filer’s relationship to the issuer, which would clarify insider status.

Corporate Governance Expert

TL;DR: Governance disclosure is standard; absence of relationship disclosure reduces clarity but does not indicate regulatory noncompliance from the provided data.

The submission documents required information about the securities to be sold and recent sales by Bradley Owens. Reporting the restricted stock lapse and 10b5-1 representation language aligns with procedural compliance. However, the filing omits an explicit relationship-to-issuer entry, which is typically useful for interpreting whether the seller is an officer, director, or affiliate. From a governance perspective, the disclosed sales should be evaluated in context of total insider holdings and any trading plans, none of which are detailed here.

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	3014	257245.00	185964745	08/15/2025	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	ZILLOW GROUP, INC.			3014	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.	05/16/2025	3466	239029.00
BRADLEY OWENS 1301 SECOND AVENUE, FLOOR 36 SEATTLE WA 98101	ZILLOW GROUP, INC.	08/13/2025	1608	130995.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

What is being sold in the ZG Form 144 notice?

The filing reports a proposed sale of 3,014 Common Class C shares of Zillow Group (ZG) with an aggregate market value of $257,245.

When is the approximate sale date listed in the Form 144 for ZG?

The approximate date of sale is listed as 08/15/2025.

How were the shares acquired according to the filing?

The shares were acquired on 08/13/2025 via a restricted stock lapse from Zillow Group, Inc., and payment is listed as equity compensation.

What recent insider sales are disclosed in the filing?

The filing shows Bradley Owens sold 3,466 shares on 05/16/2025 for $239,029 and 1,608 shares on 08/13/2025 for $130,995.

Which broker is handling the proposed sale?

The broker named is Charles Schwab & Co., Inc. with an address at 3000 Schwab Way, Westlake, TX 76262.