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

Reporting relationship: Chief People Officer
Issuer ticker: ZG
Reported as of: 12 Nov 2025
Net transaction value: -$650,155
SEC form: 4
Accepted by SEC: 14 Nov 2025, 17:38:48 UTC
Prior SEC filing: 15 Aug 2025
Next SEC filing: 17 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Shannon Cartales Attorney-in-Fact

Key filing fact

Dan Spaulding filed Form 4 for ZILLOW GROUP, INC. (ZG) on 14 Nov 2025.

Key facts

This page summarizes Dan Spaulding's Form 4 filing for ZILLOW GROUP, INC. (ZG).
5 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 14 Nov 2025, 17:38.

Change

Previous filing in this sequence was filed on 15 Aug 2025.
Current net transaction value: -$650,155.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001771798 Primary reporting owner

Spaulding Dan

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

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

Z AND ZG transaction

Class C Capital Stock

Sale

Transaction value: $205,541
Shares: -2,903
Change %: -4.9%
Price: $70.80
Shares after: 56,713
Date: 12 Nov 2025
Ownership: Direct
Footnotes: F1, F2

Z AND ZG transaction

Class C Capital Stock

Sale

Transaction value: $44,602
Shares: -622
Change %: -1.1%
Price: $71.71
Shares after: 56,091
Date: 12 Nov 2025
Ownership: Direct
Footnotes: F1, F3

Z AND ZG transaction

Class C Capital Stock

Sale

Transaction value: $14,395
Shares: -198
Change %: -0.35%
Price: $72.70
Shares after: 55,893
Date: 12 Nov 2025
Ownership: Direct
Footnotes: F1, F4

Z AND ZG transaction

Class C Capital Stock

Sale

Transaction value: $7,063
Shares: -96
Change %: -0.17%
Price: $73.57
Shares after: 55,797
Date: 12 Nov 2025
Ownership: Direct
Footnotes: F1, F5

Z AND ZG transaction

Class C Capital Stock

Sale

Transaction value: $378,553
Shares: -5,455
Change %: -9.8%
Price: $69.40
Shares after: 50,342
Date: 14 Nov 2025
Ownership: Direct
Footnotes: F6, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 7 footnotes

Footnote F1

Represents shares sold to cover tax withholding due upon vesting of restricted stock units.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote F6

The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 30, 2024.

Footnote 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.