Zillow Group (NASDAQ: Z) counsel exercises options and sells 8,800 shares

Rhea-AI Filing Summary

Zillow Group General Counsel Bradley D. Owens exercised stock options and sold shares in a planned transaction. On the same day, he exercised options to acquire 8,800 shares of Class C Capital Stock at an exercise price of $22.41 per share.

He then sold 8,800 Class C shares at a weighted average price of $43.6727 per share, with individual sale prices ranging from $43.45 to $44.0350, under a Rule 10b5-1 trading plan adopted on August 19, 2025. Following these transactions, he directly held 70,855 Class C shares.

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).

X

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^*

Owens Bradley D.

(Last) (First) (Middle)

C/O ZILLOW GROUP, INC.

1301 SECOND AVENUE, FLOOR 36

(Street)

SEATTLE WASHINGTON 98101

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/24/2026		M		8,800	A	$22.41	79,655	D
Class C Capital Stock	03/24/2026		S		8,800(1)	D	$43.6727(2)	70,855	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)	$22.41	03/24/2026		M			8,800	05/18/2016(3)	03/28/2026	Class C Capital Stock	8,800	$0	0	D

Explanation of Responses:

1. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2025.

2. The reported price is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $43.45 to $44.0350. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range.

3. Option is fully vested and exercisable.

Remarks:

	/s/ Shannon Cartales Attorney-in-Fact	03/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Zillow Group (Z) report for Bradley D. Owens?

Zillow Group reported that General Counsel Bradley D. Owens exercised options for 8,800 Class C shares at $22.41 and sold 8,800 shares the same day. The sale occurred under a pre-arranged Rule 10b5-1 trading plan adopted on August 19, 2025.

How many Zillow Group (Z) shares did Bradley D. Owens sell and at what price?

Bradley D. Owens sold 8,800 shares of Zillow Group Class C Capital Stock at a weighted average price of $43.6727 per share. Individual trades occurred between $43.45 and $44.0350, with full price breakdowns available upon request to the company or SEC staff.

Was Bradley D. Owens’ Zillow Group (Z) share sale part of a Rule 10b5-1 plan?

Yes. The filing states the sale was executed under a Rule 10b5-1 trading plan adopted by Bradley D. Owens on August 19, 2025. Such plans are pre-arranged, aiming to make transactions more routine and less dependent on short-term market conditions.

How many Zillow Group (Z) shares does Bradley D. Owens hold after the transaction?

After the reported transactions, Bradley D. Owens directly held 70,855 shares of Zillow Group Class C Capital Stock. This figure reflects his position following the exercise of 8,800 options and the same-day sale of 8,800 shares disclosed in the filing.

What type of derivative security did Bradley D. Owens exercise at Zillow Group (Z)?

He exercised a stock option, described as a “Stock Option (right to buy)” covering 8,800 underlying Class C shares at an exercise price of $22.41. The option was fully vested and exercisable and had an expiration date of March 28, 2026, according to the filing.

Did Bradley D. Owens retain any unexercised options in this Zillow Group (Z) Form 4?

The derivative section of the filing shows no remaining derivative positions after this transaction. The reported stock option for 8,800 shares was fully exercised, and the derivativeSummary indicates no additional unexercised options visible in this particular report.