CLUSTER filed May 18, 2026 at 17:05 ET
Seven Zillow insiders, including CEO Jeremy Wacksman and CFO Jeremy Hofmann, sold a total of ~$667K in open-market sales on May 14-15, 2026, following the company's strong Q1 earnings release on May 6. The cluster is concentrated in a 2-day window after earnings, with the CEO and CFO accounting for ~52% of the total dollar value. While the sales are notable for involving the entire C-suite, the total value is only ~0.2% of Zillow's ~$8.5B market cap, falling in the modest range. The cluster is amplified by the proximity to earnings (12 days) per cross-filing actuarial verdicts, but the dollar amount is too small to signal material bearish conviction.