Form 144: 8,247 ZG shares sold via cashless option exercise

Rhea-AI Filing Summary

The Form 144 reports a proposed sale of 8,247 Class C common shares of Zillow Group via Charles Schwab, with an aggregate market value of $658,577. The filing lists total shares outstanding of 185,964,745, so the proposed sale equals approximately 0.0044% of outstanding stock. The securities were acquired on 08/11/2025 by a stock option exercise and the disposition is a cashless exercise with broker payment on the same date.

The filing also discloses a prior sale of 241 shares on 06/12/2025 with gross proceeds of $16,978 reported in the three-month history. The document includes the standard signature representation that the signer is not aware of any undisclosed material adverse information about the issuer.

Positive

• Rule 144 disclosure provided, showing compliance with SEC reporting requirements for proposed insider sales
• The proposed sale is approximately 0.0044% of shares outstanding, indicating the transaction is immaterial in size relative to total shares

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider disposition via cashless option exercise; immaterial size relative to shares outstanding.

The filing documents an 8,247-share sale executed through Charles Schwab following a stock option exercise on the same day, with an aggregate market value of $658,577. Because the company reports 185,964,745 shares outstanding, this sale represents roughly 0.0044% of the float, making it unlikely to move the market or indicate a significant change in insider ownership. The inclusion of a prior 241-share sale on 06/12/2025 shows recent small dispositions, and the form contains the standard certification regarding undisclosed material information.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; indicates procedural compliance and transparent reporting of insider transactions.

The Form 144 provides the required details: class of security, broker, number of shares, aggregate market value, acquisition method, and recent sale history. The immediate cashless exercise and same-day sale are explicitly reported, and the filing includes the signer representation about material information. From a governance standpoint, the filing meets disclosure obligations and allows investors to track insider liquidity events without revealing additional nonpublic details.

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	8247	658577.00	185964745	08/11/2025	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	08/11/2025	Stock Option Exercise	ZILLOW GROUP, INC.			8247	08/11/2025	Broker Payment for Cashless Exercise

* 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
CLAIRE CORMIER THIELKE 1301 SECOND AVENUE, FLOOR 36 SEATTLE WA 98101	ZILLOW GROUP, INC.	06/12/2025	241	16978.00

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 the Form 144 for Zillow Group (ZG) report?

It reports a proposed sale of 8,247 Class C shares valued at $658,577, to be sold on 08/11/2025 through Charles Schwab.

How were the shares acquired according to the filing?

The shares were acquired on 08/11/2025 via a stock option exercise, with the sale executed as a cashless exercise (broker payment).

How large is the proposed sale relative to Zillow Group's outstanding shares?

The filing lists 185,964,745 shares outstanding; the 8,247-share sale is about 0.0044% of that total.

Are there any recent sales by the same person reported in the filing?

Yes. The filing discloses a prior sale of 241 shares on 06/12/2025 generating $16,978 in gross proceeds, listed under the three-month sales history.

Which broker is handling the proposed sale?

The broker named in the filing is Charles Schwab & Co., Inc. located at 3000 Schwab Way, Westlake, TX 76262.