|4Feb 13, 5:32 PM ET

Beitel David A. 4

Research Summary

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Zillow CTO David Beitel Sells 3,966 Shares

What Happened
David A. Beitel, Chief Technology Officer of Zillow Group, sold 3,966 shares on 2026-02-12 in an open-market transaction. The reported weighted-average price was $44.22, generating gross proceeds of approximately $175,379. The filing notes this sale was to cover tax withholding due upon vesting of restricted stock units, so it was a routine disposition rather than a new investment.

Key Details

  • Transaction date: 2026-02-12; Form 4 filed 2026-02-13 (timely filing).
  • Transaction type/code: Open-market sale (S); sale to cover tax withholding (footnote F1).
  • Shares sold: 3,966; reported weighted-average price: $44.22; total ≈ $175,379.
  • Price range: shares sold in multiple transactions at prices between $43.87 and $44.60 (footnote F2).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Filing timeliness: filed the day after the trade (appears timely).

Context
This was a tax-withholding sale tied to RSU vesting (a common, routine insider sale) rather than a discretionary market-timing sale. Such transactions typically reflect tax obligations and do not necessarily signal insider sentiment about the company.