Director Amy Bohutinsky receives 18,996 stock options at Zillow Group (Z)

Rhea-AI Filing Summary

Bohutinsky Amy reported acquisition or exercise transactions in this Form 4 filing.

Zillow Group, Inc. director Amy Bohutinsky reported receiving a grant of stock options on March 1, 2026. The award covers 18,996 stock options, recorded at a transaction price of $0.00 per option, giving her the right to buy Zillow shares in the future.

According to the vesting terms, one quarter of the options will vest and become exercisable after each three‑month period following the grant date, so the entire grant is scheduled to be fully vested and exercisable on the one‑year anniversary of the grant.

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

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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^*

Bohutinsky Amy

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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

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)	$44.62	03/01/2026		A		18,996		06/01/2026(1)	03/01/2036	Class C Capital Stock	18,996	$0	18,996	D

Explanation of Responses:

1. 1/4th of the shares subject to the option will vest and become exercisable after each-three-month period following the grant date such that the option will be fully vested and exercisable on the one-year anniversary of the grant date.

Remarks:

	/s/ Shannon Cartales Attorney-in-Fact	03/03/2026
	** 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 transaction did Zillow Group (Z) report for Amy Bohutinsky?

Zillow Group director Amy Bohutinsky reported receiving a grant of 18,996 stock options. The Form 4 shows these options as a derivative security, giving her the right to buy Zillow shares under specified vesting and exercise conditions over a one-year period.

How many stock options did Amy Bohutinsky acquire at Zillow Group (Z)?

Amy Bohutinsky acquired 18,996 stock options. These options are reported as a single grant, with all 18,996 options subject to time-based vesting, gradually becoming exercisable over four three-month periods following the March 1, 2026 grant date.

What are the vesting terms of Amy Bohutinsky’s Zillow Group (Z) option grant?

The option grant vests in four equal installments. One quarter of the 18,996 options vests after each three‑month period following the March 1, 2026 grant, so the entire award is fully vested and exercisable on the one‑year anniversary.

What was the reported transaction price for Amy Bohutinsky’s Zillow Group (Z) options?

The Form 4 lists a transaction price of $0.00 per option. This reflects the reporting convention for a grant or award acquisition, rather than a market purchase, and indicates the options were awarded as compensation instead of bought in the open market.

Is Amy Bohutinsky’s Zillow Group (Z) option grant a buy or an acquisition?

The filing classifies Amy Bohutinsky’s transaction as an acquisition through a grant or award. It is coded as a derivative “A” transaction, indicating 18,996 stock options were awarded to her rather than purchased as a standard open‑market buy.

What is Amy Bohutinsky’s direct ownership after this Zillow Group (Z) option grant?

After the grant, Amy Bohutinsky directly holds 18,996 stock options according to the Form 4. The filing indicates this entire amount as direct beneficial ownership, tied to the derivative security titled “Stock Option (right to buy).”