Zillow Group (NASDAQ: Z) CAO granted 21,750 RSUs and stock options

Rhea-AI Filing Summary

Zillow Group, Inc. Chief Accounting Officer Jennifer Rock reported equity compensation awards consisting of stock options and restricted stock units. She acquired stock options for 21,750 shares of Class C Capital Stock at an exercise price of $0.00 per share and 21,750 restricted stock units covering Class C Capital Stock.

According to the disclosure, 1/16 of the restricted stock units will vest on each of the company’s quarterly vesting dates until fully vested. The stock options follow a similar schedule, with 1/16 of the option shares becoming exercisable on the first vesting date and an additional 1/16 on each subsequent quarterly vesting date until fully vested.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Rock Jennifer

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	21,750	$0.00	--
Grant/Award	Class C Capital Stock	21,750	$0.00	--

Holdings After Transaction: Stock Option (right to buy) — 21,750 shares (Direct); Class C Capital Stock — 60,776 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
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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^*

Rock Jennifer

(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 Accounting 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		21,750(1)	A	$0	60,776	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		21,750		05/14/2026(2)	03/02/2036	Class C Capital Stock	21,750	$0	21,750	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 did Zillow (Z) Chief Accounting Officer Jennifer Rock report on this Form 4?

Jennifer Rock reported equity awards consisting of stock options and restricted stock units tied to Zillow Class C Capital Stock. The filing shows she acquired 21,750 option rights and 21,750 restricted stock units as part of her compensation package, all held as direct ownership.

How many stock options did Jennifer Rock receive in the Zillow (Z) Form 4 filing?

She received stock options covering 21,750 shares of Zillow Class C Capital Stock. These options were granted at an exercise price of $0.00 per share, reflecting a compensatory award rather than a market purchase, and are scheduled to vest gradually over time.

What restricted stock unit grant was disclosed for Zillow (Z) officer Jennifer Rock?

The filing reports a grant of 21,750 restricted stock units tied to Zillow’s Class C Capital Stock. These units convert into shares as they vest, providing additional equity compensation that aligns her interests with shareholders over a defined vesting schedule.

How do the restricted stock units granted to Zillow (Z) CAO Jennifer Rock vest?

The restricted stock units vest as to 1/16 of the total shares on each Zillow quarterly vesting date. This continues until all 21,750 units are fully vested, creating a steady, time-based vesting pattern linked to the company’s standard quarterly schedule.

What is the vesting schedule for Jennifer Rock’s Zillow (Z) stock options?

The options begin vesting on the first specified vesting date, when 1/16 of the 21,750 shares become exercisable. An additional 1/16 becomes exercisable on each subsequent quarterly vesting date, continuing until the entire option grant is fully vested and exercisable.

Are Jennifer Rock’s reported Zillow (Z) equity awards direct or indirect holdings?

The Form 4 indicates that both the stock options and restricted stock units are held as direct ownership. There is no reference to trusts, partnerships, or other entities, meaning the awards are attributed directly to her in the ownership reporting.