Choo Jun 4
Research Summary
AI-generated summary
Zillow COO Jun Choo Sells 1,228 Shares (~$46.6K)
What Happened
Jun Choo, Chief Operating Officer of Zillow Group, sold a total of 1,228 shares in two open-market transactions on May 14, 2026. The sales were: 1,083 shares at a reported weighted average price of $37.84 for $40,982, and 145 shares at a reported weighted average price of $38.76 for $5,620 — total proceeds about $46,602. The filing indicates these sales were to cover tax withholding associated with vested restricted stock units (RSUs), so they are routine disposition/sell transactions rather than a directional investment buy.
Key Details
- Transaction date: 2026-05-14 (reported on Form 4 filed 2026-05-15) — timely filing.
- Transaction type/code: Sale (S) — open market or private sale.
- Shares sold and prices:
- 1,083 shares @ $37.84 (weighted avg; range reported 37.56–38.29 per footnote F2) = $40,982
- 145 shares @ $38.76 (weighted avg; range reported 38.71–38.79 per footnote F3) = $5,620
- Total shares sold: 1,228; total proceeds ≈ $46,602.
- Footnotes: F1 states shares were sold to cover tax withholding on RSU vesting; F2/F3 note reported prices are weighted averages and provide ranges for individual trade prices.
- Shares owned after transaction: Not specified in the provided summary of the filing.
Context
- These sales are categorized as tax-withholding dispositions tied to RSU vesting (footnote F1), a common and typically non-informative insider sale.
- No options were exercised and no 10b5-1 plan or gift was reported in the supplied details.
- Filing appears timely (reported the next day); no late-filing flag noted.