Form 4: Zillow Group Director April Underwood Reports Stock and Option Transactions
SEC Form 4 Filing
Director April Underwood reports acquisition of Class C Capital Stock and stock options in Zillow Group, Inc.
Summary
- On March 1, 2025, April Underwood, a director of Zillow Group, Inc., reported acquiring 966 shares of Class C Capital Stock.
- These shares were granted as restricted stock units, vesting in equal quarterly installments over one year.
- On the same date, Underwood also acquired options to purchase 8,688 shares of Class C Capital Stock at an exercise price of $76.66.
- These options also vest in equal quarterly installments over one year, with an expiration date of March 1, 2035.
- Following these transactions, Underwood directly owns 1,320 shares of Class C Capital Stock and options for 8,688 shares.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of stock and option transactions by a company insider, which is common practice for publicly traded companies like Zillow Group.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of earliest transaction: acquisition of Class C Capital Stock and stock options. |
| 03/01/2035 | Expiration date of the stock options. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
| 06/01/2025 | First vesting date of the stock options. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.