Director Amy Bohutinsky sold 20,625 shares of Zillow (Z/ZG) for $1.4M via pre-arranged 10b5-1 plan adopted Dec 2023
Amy Bohutinsky, a Director, sold 20,625 shares at $67.23 on 2024-09-18 for $1,386,629.06 as part of a pre-arranged 10b5-1 trading plan adopted on 2023-12-04. Her holdings declined from 26,277 shares to 5,652 shares, representing a -78.5% reduction in her position. Because this transaction is scheduled under a 10b5-1 plan, it reflects a predetermined execution rather than a discretionary market decision, removing timing or conviction signals from the trade. The substantial reduction in director holdings is factual but context-dependent: scheduled liquidation plans often reflect portfolio allocation decisions made months in advance rather than current market assessment.