Zillow CFO awarded new stock options and RSUs

Zillow Group’s Chief Financial Officer Jeremy Hofmann received new equity awards.

Rhea-AI Filing Summary

Zillow Group’s Chief Financial Officer Jeremy Hofmann received new equity awards. He was granted stock options for 180,000 shares at an exercise price of $0.00 per share and 20,000 shares of Class C capital stock as restricted stock units, both vesting in 16 equal quarterly installments.

Insider Trade Summary

Grant/Award: 200,000 shares

Grant/Award 2 txns

Insider Hofmann Jeremy

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	180,000	$0.00	$0.00
Grant/Award	Class C Capital Stock	20,000	$0.00	$0.00

Holdings After Transaction: Stock Option (right to buy) — 180,000 contracts (Direct); Class C Capital Stock — 77,487 shares (Direct)

Footnotes (2)

1. F1. 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. F2. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Zillow Group (Z) report for Jeremy Hofmann?

Zillow Group reported that Chief Financial Officer Jeremy Hofmann acquired 180,000 stock options and 20,000 restricted stock units of Class C capital stock. Both awards were granted at an exercise or purchase price of $0.00 per share as part of his equity compensation.

How do Jeremy Hofmann’s new Zillow (Z) stock options vest?

Hofmann’s 180,000 stock options vest over time, with 1/16th of the total options becoming exercisable on the first vesting date. An additional 1/16th vests on each subsequent quarterly vesting date until all options are fully vested according to the award terms.

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

The 20,000 restricted stock units of Class C capital stock vest gradually. 1/16th of the total RSUs vests on each of Zillow’s quarterly vesting dates. This continues until all 20,000 RSUs are fully vested, aligning vesting with the company’s regular quarterly schedule.

What is the exercise price of Jeremy Hofmann’s new Zillow (Z) stock options?

The newly granted stock options to Jeremy Hofmann carry an exercise price of $0.00 per share. This indicates the options were awarded as part of compensation, allowing him to acquire shares without paying a cash exercise price when the options vest and are exercised.

How many Zillow (Z) Class C shares does Jeremy Hofmann own after this Form 4?

Following the reported acquisition of 20,000 restricted stock units, Jeremy Hofmann beneficially owns 77,487 shares of Zillow’s Class C capital stock. This figure reflects his direct holdings after the grant, as disclosed in the ownership totals in the Form 4 transaction details.

Are Jeremy Hofmann’s Zillow (Z) equity awards a market purchase or a grant?

The Form 4 shows these are equity grants, not market purchases. Both the 180,000 stock options and 20,000 restricted stock units were coded as awards, with an acquisition code and a $0.00 per share price, indicating compensation-based issuance rather than open-market buying.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/04/2026 - 05:42 PM EST Learn about SEC filing dates

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^*

Hofmann 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial 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		20,000(1)	A	$0	77,487	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		180,000		05/14/2026(2)	03/02/2036	Class C Capital Stock	180,000	$0	180,000	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.