4/A: Zillow Co-Founder Amends SEC Filing for Indirect Holdings

Zillow Co-Executive Chairman Richard N. Barton filed an amended Form 4 to correct previously omitted indirect holdings and update trust information.

Summary

• Richard N. Barton, Co-Executive Chairman, Co-Founder, Director, 10% Owner, and Officer of Zillow Group, Inc., filed an amendment to his Form 4.
• The amendment was filed solely to report indirect holdings of Class C Capital Stock that were inadvertently omitted from the original Form 4 filing.
• The original transaction on February 12, 2026, involved the acquisition of 300,000 shares of Class C Capital Stock through the exercise of a stock option at an exercise price of $22.41 per share.
• Following the reported transaction, Mr. Barton directly beneficially owns 2,801,225 shares of Class C Capital Stock.
• Indirect beneficial ownership includes 1,705,527 shares through RNB Z GRAT of May 2024, 450,000 shares through Barton Ventures II LLC, and 442,086 shares through Barton Descendants' Trust 12/30/04.
• As of November 24, 2025, Mr. Barton and his spouse ceased to be co-trustees of the Richard & Sarah Barton Irrevocable Trust 03/27/10, and shares previously reported through this trust are no longer included.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. The amendment corrects a reporting omission, which is a positive for transparency, but the initial omission itself is a minor negative. It does not reflect on the company's operational or financial performance.

Positives

• The amendment increases transparency regarding the beneficial ownership of Zillow Group, Inc. securities by a key insider.

Negatives

• Indirect holdings were inadvertently omitted from the original Form 4 filing, requiring an amendment.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Zillow Group, Inc.'s future performance or strategy.

Industry Context

StockSavvy.ai notes that insider transaction filings, such as Form 4 amendments, are crucial for market transparency, providing investors with insights into the ownership activities of key company personnel. While this specific amendment corrects an omission, it reinforces the importance of accurate and timely disclosure in the financial markets.

Stakeholder Impact

• Shareholders benefit from increased transparency regarding the beneficial ownership of a key insider, which can aid in investment decision-making.

Key Dates

Recommendation

This filing is an amendment to correct previously omitted indirect holdings and update personal trust information for a key insider. It does not contain new information regarding Zillow Group, Inc.'s financial performance, strategic direction, or operational outlook. Therefore, it does not provide a basis for altering an existing investment thesis, leading to a 'hold' recommendation.

Keywords

Zillow, ZG, Z, Richard Barton, Form 4/A, SEC filing, insider transaction, beneficial ownership, Class C Capital Stock, stock option