Zillow (Z) officer gets stock award and sells shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zillow Group Chief Industry Development Officer Errol G. Samuelson reported two transactions in Class C capital stock. He acquired 7,912 shares at no cost through a restricted stock unit award that vested based on a $345,000 value divided by the closing price on March 25, 2026. He then sold 4,734 shares at a weighted average price of $44.2034 per share to cover tax withholding under a Rule 10b5-1 trading plan. Following these transactions, he directly holds 136,978 shares of Class C stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,734 shares ($209,259)
Net Sell
2 txns
Insider
Samuelson Errol G
Role
Chief Industry Dev. Officer
Sold
4,734 shs ($209K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Capital Stock | 7,912 | $0.00 | -- |
| Sale | Class C Capital Stock | 4,734 | $44.2034 | $209K |
Holdings After Transaction:
Class C Capital Stock — 141,712 shares (Direct)
Footnotes (1)
- Represents shares acquired under a restricted unit award that vested March 26, 2026 for that number of shares equal to $345,000 divided by the closing price of the Class C capital stock on March 25, 2026. Represents shares sold to cover tax withholding due upon vesting pursuant to a 10b5-1 trading plan adopted by the reporting person on November 30, 2015. The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $44.16 to $44.30. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range.
FAQ
What insider transactions did Zillow (Z) officer Errol Samuelson report?
Errol Samuelson reported receiving a restricted stock award and selling shares. He acquired 7,912 shares of Zillow Class C stock at no cost, then sold 4,734 shares in the open market, primarily to cover tax withholding due at vesting.
Was the Zillow (Z) insider stock sale part of a 10b5-1 plan?
Yes. The sale of 4,734 Zillow Class C shares was executed under a Rule 10b5-1 trading plan adopted on November 30, 2015. Such plans schedule trades in advance, making the timing more routine and less indicative of short-term sentiment.
What was the value basis for Errol Samuelson’s Zillow (Z) stock award?
The restricted stock unit award was sized so that vested shares equaled $345,000 divided by Zillow’s Class C closing price on March 25, 2026. This ties the number of shares granted to a predetermined dollar value rather than a fixed share count.