Zillow (Z) CTO David Beitel Sells 1,798 Shares

What Happened

• David A. Beitel, Chief Technology Officer of Zillow Group (tickers Z / ZG), disposed of 1,798 shares on August 13, 2026. The reported weighted-average sale price was $34.24, for total proceeds of approximately $61,571.
• This transaction is a sale (code S) reported as shares sold to cover tax withholding due upon the vesting of restricted stock units (RSUs), i.e., a routine tax-withholding disposition rather than an open-market investment decision.

Key Details

• Transaction date: 2026-08-13; Filing date: 2026-08-17 (filed within the standard two-business-day window).
• Quantity and price: 1,798 shares sold; weighted-average price $34.24; total proceeds ≈ $61,571.
• Price range: shares were sold in multiple trades at prices from $34.17 to $34.4750 (per footnote).
• Reason: Footnote F1 indicates the shares were sold to cover tax withholding on vested RSUs.
• Ownership after transaction: Not specified in the excerpt provided.
• Footnote availability: Footnote F2 notes the reporting person can provide a breakdown of the number of shares sold at each separate price upon request.

Context

• Sales to cover tax withholding on vested RSUs are common and typically considered routine administrative transactions rather than directional insider bets.
• No options exercised or new awards reported in this filing; this action represents only a disposition to satisfy tax obligations.