ZG insider sale notice — 3,621 Class C shares scheduled, brokered by Schwab

Rhea-AI Filing Summary

ZILLOW GROUP, INC. (ZG) Form 144 notifies a proposed sale of 3,621 Common Class C shares through Charles Schwab & Co., Inc., with an aggregate market value of $326,307 and an approximate sale date of 09/08/2025 on NASDAQ. The filing shows the shares were recently acquired as 242 shares from a restricted stock lapse on 09/01/2025 and 3,379 shares via stock option exercise on 09/08/2025 (cashless broker payment). It also discloses a prior sale of 595 shares on 08/07/2025 for $51,179. The filer certifies no undisclosed material adverse information.

Insights

Financial Analyst

TL;DR: This Form 144 reports a routine insider sale of 3,621 shares valued at $326,307; transactions stem from equity compensation.

The filing documents a planned sale executed through a broker with recent acquisitions tied to restricted stock lapse and option exercise. The size of the proposed sale (~3.6k shares, $326k) is small relative to a public company and does not by itself indicate material capital changes. Past sale of 595 shares for $51,179 is disclosed, showing ongoing monetization of equity rather than a single large disposition.

Corporate Governance Expert

TL;DR: Disclosure appears procedurally compliant; the filer affirms no undisclosed material information and notes trading through a broker.

The form includes acquisition dates and payment methods (equity compensation and cashless exercise), which support compliance with Rule 144 reporting requirements. The representation about lack of material nonpublic information and the signature/notice language are present, aligning with standard governance practices for insider filings.

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	3621	326307.00	185964745	09/08/2025	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	09/01/2025	Restricted Stock Lapse	ZILLOW GROUP, INC.			242	09/01/2025	Equity Compensation
Common Class C	09/08/2025	Stock Option Exercise	ZILLOW GROUP, INC.			3379	09/08/2025	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
April Underwood 1301 SECOND AVENUE, FLOOR 36 SEATTLE WA 98101	ZILLOW GROUP, INC.	08/07/2025	595	51179.00

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 ZG Form 144 filed for Zillow Group, Inc. report?

The filing reports a proposed sale of 3,621 Common Class C shares valued at $326,307, to occur approximately on 09/08/2025 on NASDAQ.

How were the shares acquired that are being sold under the ZG Form 144?

The shares were acquired as 242 shares from a restricted stock lapse on 09/01/2025 and 3,379 shares via stock option exercise on 09/08/2025 with a broker cashless exercise payment.

Who is the broker handling the proposed sale in the ZG Form 144?

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

Has the filer sold any Zillow shares in the past three months according to this filing?

Yes; the filing discloses a sale of 595 shares on 08/07/2025 for gross proceeds of $51,179.

Does the filer state they possess any material nonpublic information in the ZG Form 144?

The filer represents by signing the notice that they do not know any material adverse information about the issuer that has not been publicly disclosed.