4/A: Zillow Group Director Jay C. Hoag Files Amended Statement of Changes in Beneficial Ownership

Jay C. Hoag, a director of Zillow Group, Inc., filed an amended Form 4 detailing changes in his beneficial ownership of the company's Class C Capital Stock and stock options.

Summary

• Jay C. Hoag, a director of Zillow Group, Inc., filed an amendment to his Form 4, a Statement of Changes in Beneficial Ownership.
• The original filing date was March 4, 2025, and the amendment is dated March 18, 2025.
• The filing details Hoag's direct and indirect ownership of Zillow Group's Class C Capital Stock and stock options.
• Hoag directly owns 7,703 shares of Class C Capital Stock.
• He also indirectly owns significant amounts of Class C Capital Stock through various entities including TCV VIII, TCV IX, and TCV XI related funds.
• Hoag was granted 11,586 stock options on March 1, 2025, exercisable at $76.66, vesting quarterly until June 1, 2025, and expiring on March 1, 2035.
• The amendment corrects an omission of 707 shares from the original Form 4 filing.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership, providing transparency to investors.

Comparison to Industry Standards

• Form 4 filings are a regulatory requirement for corporate insiders in the United States, ensuring transparency in stock ownership.
• Similar filings are common across publicly traded companies and are used to track insider transactions.
• The level of detail provided in this filing is consistent with standard SEC requirements for Form 4 disclosures.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key company director.
• It helps investors understand the alignment of interests between management and shareholders.

Key Dates