Owens Bradley D. 4

What Happened
Bradley D. Owens, General Counsel of Zillow Group, sold a total of 4,619 shares in two open-market transactions to cover tax withholding on vested restricted stock units. On 2026-02-12 he sold 2,017 shares at $44.20 for $89,161, and on 2026-02-13 he sold 2,602 shares at a reported weighted average price of $44.42 for $115,581, for combined proceeds of about $204,742. These were sales (routine liquidity/tax-related) rather than purchases.

Key Details

• Transaction dates and amounts:
  • 2026-02-12: 2,017 shares sold @ $44.20 = $89,161 (F1)
  • 2026-02-13: 2,602 shares sold @ weighted avg $44.42 = $115,581 (F2)
• Price range: the weighted-average sale price covered trades in the $43.84–$44.58 range (per filing).
• Footnotes of note:
  • F1: Shares sold to cover tax withholding on vested RSUs.
  • F2: Reported price is a weighted average; detailed per-trade prices available on request.
  • F3: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted Aug 19, 2025.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Filing timeliness: Report filed 2026-02-13 for transactions through 2026-02-12 (appears timely).

Context
Sales to cover tax withholding on vested RSUs and transactions executed under a pre-established 10b5-1 plan are common and generally considered routine liquidity events rather than directional bets on the stock. Purchases typically carry more weight as signals of insider confidence; these sales primarily reflect tax obligations tied to vesting.