Lloyd Frink of Zillow (NASDAQ: Z) granted 210,000 stock options

Rhea-AI Filing Summary

Zillow Group co-founder and Co-Executive Chairman & President Lloyd D. Frink reported an award of stock options on March 2, 2026. The grant covers 210,000 options to acquire Zillow stock at a reported price of $0.00 per share. According to the terms, 1/16 of the options vest at the first vesting date, with an additional 1/16 vesting on each quarterly vesting date until fully vested.

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^*

Frink Lloyd 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)

X	Director		10% Owner
X	Officer (give title below)	X	Other (specify below)
	Co -Exec. Chairman & President		Co-Founder

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

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		210,000		05/14/2026(1)	03/02/2036	Class C Capital Stock	210,000	$0	210,000	D

Explanation of Responses:

1. 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 Lloyd D. Frink report in this Zillow (Z) Form 4 filing?

Lloyd D. Frink reported receiving a grant of 210,000 stock options in Zillow Group. These options were awarded on March 2, 2026 and give him the right to buy Zillow shares under a structured vesting schedule detailed in the filing footnote.

How many Zillow (Z) stock options were granted to Lloyd D. Frink?

The filing shows a grant of 210,000 stock options to Lloyd D. Frink. These options are reported as a derivative security and increase his directly held option position to 210,000 options following the transaction, according to the ownership figures disclosed in the document.

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

The options vest gradually over time. According to the footnote, 1/16 of the total options become exercisable at the first vesting date, and an additional 1/16 vests on each issuer quarterly vesting date until all 210,000 options are fully vested.

Was Lloyd D. Frink buying or selling Zillow (Z) shares in this Form 4?

This Form 4 reports an acquisition through a grant or award of stock options, not an open-market buy or sale. The transaction code is “A,” indicating a grant or other acquisition of derivative securities rather than a purchase or sale of existing common shares.

What price per share is reported for Lloyd Frink’s Zillow (Z) option grant?

The reported transaction price per share for the stock options is $0.00. This reflects the accounting of the option award in the filing and does not describe any cash paid in an open-market purchase or sale of Zillow common stock.

How did this option grant affect Lloyd Frink’s Zillow (Z) derivative holdings?

After the transaction, Lloyd D. Frink is shown as directly holding 210,000 stock options. The filing lists these as derivative securities with direct ownership, indicating the entire amount reported is attributed to him following the grant on March 2, 2026.