Zillow Group (Z) General Counsel granted 37,500 options and 37,500 RSUs

Rhea-AI Filing Summary

Zillow Group General Counsel Bradley D. Owens reported awards of equity on March 2, 2026. He received a grant of 37,500 stock options with an exercise schedule where 1/16 of the options become exercisable on each quarterly vesting date until fully vested. He also acquired 37,500 restricted stock units that vest 1/16 on each of the issuer's quarterly vesting dates, increasing his directly held Class C capital stock to 70,855 shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Owens Bradley D.

Role General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	37,500	$0.00	--
Grant/Award	Class C Capital Stock	37,500	$0.00	--

Holdings After Transaction: Stock Option (right to buy) — 37,500 shares (Direct); Class C Capital Stock — 70,855 shares (Direct)

Footnotes (1)

1. Represents a grant of restricted stock units that will vest as to 1/16th of the total amount of shares subject to the grant on each of the issuer's quarterly vesting dates until the restricted stock units are fully vested. Date at which first vesting occurs is indicated. 1/16th of the total number of shares subject to the option become exercisable at the first vesting date and an additional 1/16th become exercisable on each issuer quarterly vesting date occurring thereafter until the option is fully vested.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Owens Bradley D.

(Last) (First) (Middle)

C/O ZILLOW GROUP, INC.

1301 SECOND AVENUE, FLOOR 36

(Street)

SEATTLE WA 98101

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ZILLOW GROUP, INC. [ Z AND ZG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class C Capital Stock	03/02/2026		A		37,500(1)	A	$0	70,855	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$43.54	03/02/2026		A		37,500		05/14/2026(2)	03/02/2036	Class C Capital Stock	37,500	$0	37,500	D

Explanation of Responses:

1. Represents a grant of restricted stock units that will vest as to 1/16th of the total amount of shares subject to the grant on each of the issuer's quarterly vesting dates until the restricted stock units are fully vested.

2. Date at which first vesting occurs is indicated. 1/16th of the total number of shares subject to the option become exercisable at the first vesting date and an additional 1/16th become exercisable on each issuer quarterly vesting date occurring thereafter until the option is fully vested.

Remarks:

	/s/ Shannon Cartales Attorney-in-Fact	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Zillow Group (Z) report for Bradley D. Owens?

Bradley D. Owens reported equity awards, not open-market trades. He received 37,500 stock options and 37,500 restricted stock units, both tied to Zillow Group’s Class C capital stock, as part of his compensation on March 2, 2026.

How many stock options did Zillow’s General Counsel receive in this Form 4?

The General Counsel received a grant of 37,500 stock options. According to the disclosure, 1/16 of the options become exercisable on the first vesting date, with another 1/16 vesting on each quarterly vesting date until fully vested.

What are the terms of the restricted stock units granted at Zillow Group (Z)?

The filing shows 37,500 restricted stock units were granted. These units vest in equal 1/16 portions on each of Zillow Group’s quarterly vesting dates, so the award becomes fully vested over a series of scheduled quarterly vesting events.

Did Bradley D. Owens buy or sell Zillow Group (Z) shares on the market?

The reported transactions are classified as grants or awards, not market purchases or sales. Both the stock options and restricted stock units were acquired at a stated price of $0.0000 per share, indicating compensation-related awards rather than open-market trading.

What is Bradley D. Owens’ Zillow Group Class C share balance after these awards?

After the restricted stock unit grant, his directly held Class C capital stock position is 70,855 shares. This figure reflects the total non-derivative Class C shares reported following the March 2, 2026 equity award transactions in the Form 4 filing.

How are the Zillow Group stock options for Bradley D. Owens scheduled to vest?

The options start vesting on the first specified vesting date. At that time, 1/16 of the total option shares become exercisable, with an additional 1/16 becoming exercisable on each of Zillow’s quarterly vesting dates until the entire grant is vested.