Form 4: Zillow Group Director Gregory B Maffei Reports Stock Option Grant
SEC Form 4 Filing
Gregory B Maffei, a director of Zillow Group, reported the acquisition of stock options on March 1, 2024.
Summary
- On March 1, 2024, Gregory B Maffei, a director of Zillow Group, acquired stock options to purchase 16,956 shares of Class C Capital Stock.
- The options have an exercise price of $57.10.
- The options vest quarterly, with full vesting occurring on June 1, 2024.
- Following the transaction, Maffei directly owns 16,956 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock option grants, indicating a neutral sentiment.
Positives
- The grant of stock options to a director aligns their interests with those of the shareholders.
Industry Context
Stock option grants are a common form of executive compensation in the technology industry, aligning management's interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Stock option grant |
| 06/01/2024 | Date of first vesting |
| 03/05/2024 | Date of Form 4 filing |
| 03/01/2034 | Expiration date of the stock options |
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