Dan Spaulding - 12 Nov 2025 Form 4 Insider Report for ZILLOW GROUP, INC. (ZG)

Role
Chief People Officer
Signature
/s/ Shannon Cartales Attorney-in-Fact
Issuer symbol
ZG
Transactions as of
12 Nov 2025
Net transactions value
-$650,155
Form type
4
Filing time
14 Nov 2025, 17:38:48 UTC
Previous filing
15 Aug 2025
Next filing
17 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Spaulding Dan Chief People Officer C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 36, SEATTLE /s/ Shannon Cartales Attorney-in-Fact 14 Nov 2025 0001771798

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Z AND ZG Class C Capital Stock Sale $205,541 -2,903 -4.9% $70.80 56,713 12 Nov 2025 Direct F1, F2
transaction Z AND ZG Class C Capital Stock Sale $44,602 -622 -1.1% $71.71 56,091 12 Nov 2025 Direct F1, F3
transaction Z AND ZG Class C Capital Stock Sale $14,395 -198 -0.35% $72.70 55,893 12 Nov 2025 Direct F1, F4
transaction Z AND ZG Class C Capital Stock Sale $7,063 -96 -0.17% $73.57 55,797 12 Nov 2025 Direct F1, F5
transaction Z AND ZG Class C Capital Stock Sale $378,553 -5,455 -9.8% $69.40 50,342 14 Nov 2025 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares sold to cover tax withholding due upon vesting of restricted stock units.
F2 The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $70.35 to $71.3450. 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.
F3 The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $71.36 to $72.32. 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.
F4 The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $72.42 to $73.26. 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.
F5 The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $73.44 to $73.68. 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.
F6 The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 30, 2024.
F7 The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $69.22 to $69.62. 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.