Samuelson Errol G 4
Research Summary
AI-generated summary
Zillow (Z) Errol G. Samuelson Receives Award and Sells Shares
What Happened
- Errol G. Samuelson, Chief Industry Development Officer at Zillow Group, had a restricted stock unit (RSU) award vest and also sold shares on March 26, 2026. He acquired 7,912 shares from the vesting RSU award (reported at $0.00 as an award) and disposed of 4,734 shares in open-market sales for a weighted average price of $44.20, totaling $209,259. The RSU award value was set at $345,000 (see footnote).
Key Details
- Transaction date: March 26, 2026.
- Award: 7,912 RSUs vested (reported as an acquisition at $0.00). Footnote F1: number of shares equals $345,000 divided by Z’s closing price on March 25, 2026.
- Sale: 4,734 shares sold; weighted average sale price $44.20; total proceeds $209,259. Footnote F3: sales executed at prices from $44.16 to $44.30.
- Purpose of sale: Footnote F2 notes shares were sold to cover tax withholding upon vesting under a 10b5-1 plan adopted Nov 30, 2015.
- Shares owned after transaction: Not specified in the provided filing extract.
- Filing timeliness: Report filed same day (March 26, 2026); no late filing indicated.
Context
- The award is a standard RSU vesting (A = Award/Grant). The subsequent sale (S = Sale) appears to be a routine tax-withholding sale executed under a pre-established 10b5-1 plan rather than an opportunistic market sale. For retail investors, purchases are generally more informative of insider conviction; this filing reflects a vesting event and tax-related selling rather than a discretionary buy.