ZILLOW GROUP, INC.·4

May 15, 5:03 PM ET

Owens Bradley D. 4

Research Summary

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Zillow (ZG) General Counsel Bradley D. Owens Sells Shares

What Happened Bradley D. Owens, General Counsel of Zillow Group, sold a total of 5,610 shares in open-market transactions on May 14–15, 2026 for aggregate proceeds of roughly $210,443. The transactions reported were: 1,956 shares at $37.83 (proceeds $74,004), 290 shares at $38.61 (proceeds $11,197), and 3,364 shares at $37.23 (proceeds $125,242). These were sales (not purchases), which are often routine rather than a bullish signal.

Key Details

  • Transaction dates & reported prices:
    • 2026-05-14: 1,956 shares @ $37.83 = $74,004
    • 2026-05-14: 290 shares @ $38.61 = $11,197
    • 2026-05-15: 3,364 shares @ $37.23 = $125,242
  • Total sold: 5,610 shares for ≈ $210,443.
  • Shares owned after the transactions: not disclosed in the information provided.
  • Footnotes in the filing indicate:
    • F1: Some shares were sold to cover tax withholding on vested RSUs.
    • F2/F3: Reported prices are weighted-average sale prices; trades occurred across price ranges (F2: $37.54–$38.29; F3: $38.5650–$38.71).
    • F4: At least one sale was effected under a Rule 10b5-1 trading plan adopted Aug 19, 2025.
  • Filing date: Form 4 filed 2026-05-15 covering trades on 05-14 and 05-15; filing appears timely.

Context Sales to cover tax withholding and sales executed under a 10b5-1 plan are common and typically routine. There were no purchases reported in this filing; therefore, no direct insider “buy” signal is present.