Jeremy Hofmann reports 5,167-share restricted stock lapse at Zillow (ZG)

Rhea-AI Filing Summary

Form 144 filed for Zillow Group, Inc. (ZG) reports a proposed sale of 5,167 Class C shares with an aggregate market value of $421,043, to be executed on 08/13/2025 on NASDAQ through Charles Schwab & Co., Inc. The filing shows the securities were acquired the same day as a restricted stock lapse and are identified as equity compensation.

The document also lists two prior sales by Jeremy Hofmann in May 2025: 5,377 shares on 05/14/2025 for $369,162 and 7,959 shares on 05/16/2025 for $549,005 (combined proceeds of $918,167). The filing states 185,964,745 shares outstanding, providing context that the reported sale is a very small fraction of total shares outstanding.

Insights

Securities Analyst

TL;DR: Routine insider Form 144 discloses a small, equity-compensation-driven sale totaling $421,043, with prior May sales totaling $918,167.

The filing documents a proposed sale of 5,167 Class C shares of Zillow Group (ZG) to be handled by Charles Schwab on NASDAQ on 08/13/2025. The acquisition is recorded as a restricted stock lapse and the payment type as equity compensation, which is typical for employees or former employees realizing vested awards. Prior disclosed sales by Jeremy Hofmann in May generated $369,162 and $549,005, respectively, totaling $918,167. Given the company’s outstanding share count of 185,964,745, the reported sale size is immaterial to share supply and is likely a routine liquidity event rather than a company-specific signal.

Corporate Governance Expert

TL;DR: The filing appears consistent with Rule 144 compliance for restricted stock; disclosures are straightforward and procedural.

The Form 144 shows the securities were acquired via equity compensation with a noted restricted stock lapse, and lists a broker for sale execution. The presence of recent, itemized sales by Jeremy Hofmann in May 2025 is disclosed in the form’s historical-sales section, including dates and gross proceeds. From a governance perspective, the filing provides the core required information for a Rule 144 notice: class, quantity, acquisition nature, broker, and recent sales. There are no additional disclosures of material adverse information in the remarks section.

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	5167	421043.00	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.			5167	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
Jeremy Hofmann 1301 SECOND AVENUE, FLOOR 36 SEATTLE WA 98101	ZILLOW GROUP, INC.	05/14/2025	5377	369162.00
Jeremy Hofmann 1301 SECOND AVENUE, FLOOR 36 SEATTLE WA 98101	ZILLOW GROUP, INC.	05/16/2025	7959	549005.00

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

What does Zillow (ZG) Form 144 report?

The Form 144 reports a proposed sale of 5,167 Class C shares of Zillow Group, valued at $421,043, to be sold on 08/13/2025 on NASDAQ via Charles Schwab.

Who is identified in the filing as having sold shares in the past 3 months for ZG?

The filing lists Jeremy Hofmann (address provided) with two May 2025 sales: 5,377 shares on 05/14/2025 for $369,162 and 7,959 shares on 05/16/2025 for $549,005.

How were the 5,167 shares acquired according to the filing?

The securities were acquired on 08/13/2025 as a restricted stock lapse and are described as resulting from equity compensation.

Which broker is handling the proposed sale of ZG shares?

The broker listed is Charles Schwab & Co., Inc. with the address 3000 Schwab Way, Westlake, TX 76262.

How many Zillow shares are outstanding per the filing?

The filing shows 185,964,745 shares outstanding for the class referenced.

What are the total proceeds reported from the prior May 2025 sales?

The two prior sales reported total $918,167 in gross proceeds ($369,162 and $549,005 respectively).