Wacksman Jeremy 4
Research Summary
AI-generated summary
Zillow CEO Jeremy Wacksman Sells 6,051 Shares
What Happened
Jeremy Wacksman, CEO of Zillow Group (Z / ZG), sold a total of 6,051 shares in open-market transactions on 2026-05-14 to cover tax withholding tied to vested restricted stock units. The trades consisted of 5,751 shares at a reported weighted-average price of $37.88 (proceeds $217,863) and 300 shares at a reported weighted-average price of $38.69 (proceeds $11,606), for combined proceeds of approximately $229,469. These are sales (routine tax-withholding disposition), not purchases.
Key Details
- Transaction date: 2026-05-14; Form 4 filed 2026-05-15 (timely filing).
- Sales reported:
- 5,751 shares @ $37.88 (weighted avg; individual trade prices ranged $37.55–$38.52).
- 300 shares @ $38.69 (weighted avg; individual trade prices ranged $38.6350–$38.7150).
- Total shares sold: 6,051; total proceeds ≈ $229,469.
- Footnote F1: Shares sold to cover tax withholding on vested RSUs. Footnotes F2/F3: weighted-average prices with price ranges; detailed per-trade breakdown available on request.
- Shares owned after the transaction: not specified in this filing.
Context
These sales were executed to satisfy tax withholding obligations on RSU vesting — a common, routine insider transaction (code F / S). Such tax-related sales are generally administrative and do not necessarily indicate the insider’s view on the company’s outlook. Purchases tend to carry more informational weight for investors.