Zillow Group (Z) awards 165K stock options to co-founder Barton

Rhea-AI Filing Summary

BARTON RICHARD N reported acquisition or exercise transactions in this Form 4 filing.

Zillow Group, Inc. director and Co-Executive Chairman Richard N. Barton received a grant of stock options covering 165,000 shares on March 2, 2026. These options are a right to buy company stock and vest over time. According to the terms, 1/16 of the total options becomes exercisable on the first vesting date, and an additional 1/16 vests on each subsequent quarterly vesting date until the full grant is 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

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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^*

BARTON RICHARD N

(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	X	10% Owner
X	Officer (give title below)	X	Other (specify below)
	Co-Executive Chairman		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		165,000		05/14/2026(1)	03/02/2036	Class C Capital Stock	165,000	$0	165,000	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 Zillow Group (Z) disclose in this Form 4 filing?

Zillow Group reported a stock option grant to Co-Executive Chairman Richard N. Barton. He received options for 165,000 shares, vesting in equal quarterly installments over time, giving him the right to buy Zillow stock as the options vest.

How many Zillow (Z) shares are covered by Richard Barton’s new options?

The Form 4 shows Richard N. Barton was granted stock options covering 165,000 shares. These options vest in 16 equal parts, with 1/16 vesting initially and another 1/16 on each quarterly vesting date until fully vested.

How do Richard Barton’s new Zillow stock options vest?

The options vest gradually. One-sixteenth of the 165,000-share grant becomes exercisable on the first vesting date, and an additional one-sixteenth becomes exercisable on each issuer quarterly vesting date thereafter until the full grant is vested, aligning incentives over time.

What type of security did Zillow (Z) grant to Richard Barton?

Zillow granted a stock option, described as a right to buy company stock. This derivative security allows Richard N. Barton to purchase Zillow shares as the grant vests, rather than receiving all shares outright on the grant date.

Is Richard Barton’s ownership in Zillow direct or indirect in this Form 4?

The filing classifies Richard N. Barton’s ownership of the reported stock options as direct. The nature of ownership field indicates direct ownership, and no footnote states that another entity holds voting or investment power over these specific option shares.

What role does Richard N. Barton hold at Zillow Group (Z)?

Richard N. Barton is identified as a director, Co-Executive Chairman, and Co-Founder of Zillow Group. He is also listed as a ten percent owner, highlighting his significant ongoing involvement and equity stake in the company alongside this new option award.