Zillow Group (NASDAQ: Z, ZG) CEO granted new stock awards

Rhea-AI Filing Summary

Zillow Group Chief Executive Officer Jeremy Wacksman reported new equity awards. He received a grant of stock options for 157,500 shares with an exercise price of $0.00, and a separate grant of 52,500 shares of Class C capital stock as restricted stock units.

The restricted stock units vest in equal 1/16th installments on each of Zillow’s quarterly vesting dates until fully vested. The stock options follow the same 1/16th quarterly vesting pattern after the first vesting date, gradually becoming exercisable over time. Following these awards, Wacksman directly owns 168,822 shares of Class C capital stock.

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
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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^*

Wacksman Jeremy

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

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		52,500(1)	A	$0	168,822	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		157,500		05/14/2026(2)	03/02/2036	Class C Capital Stock	157,500	$0	157,500	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 equity awards did Zillow (Z) CEO Jeremy Wacksman receive?

Jeremy Wacksman received two equity awards: stock options for 157,500 shares at an exercise price of $0.00 and 52,500 shares of Class C capital stock as restricted stock units. Both awards are structured to vest over time based on Zillow’s quarterly vesting schedule.

How do Jeremy Wacksman’s new Zillow (Z) restricted stock units vest?

The restricted stock units granted to Jeremy Wacksman vest in 16 equal parts. One-sixteenth of the total shares vests on each of Zillow’s quarterly vesting dates until fully vested. This schedule spreads the benefit of the grant over multiple years of continued service.

What is the vesting schedule for Jeremy Wacksman’s new Zillow (Z) stock options?

The stock options begin vesting on a specified first vesting date. At that date, one-sixteenth of the total 157,500 options becomes exercisable. An additional one-sixteenth becomes exercisable on each subsequent Zillow quarterly vesting date until all options are fully vested.

How many Zillow (Z) Class C shares does Jeremy Wacksman own after these grants?

After the reported grant of 52,500 restricted stock units, Jeremy Wacksman directly owns 168,822 shares of Zillow Class C capital stock. This figure reflects his updated direct ownership position as of the transaction date disclosed in the insider trading report.

Are Jeremy Wacksman’s recent Zillow (Z) transactions open market purchases or sales?

The reported transactions are classified as grants or awards, not open market trades. They consist of a stock option grant and a restricted stock unit grant, both at an exercise or acquisition price of $0.00, reflecting equity-based compensation rather than market purchases or sales.