Form 4: Zillow Group Executive Lloyd Frink Acquires Stock Options
SEC Form 4 Filing
Lloyd Frink, Co-Executive Chairman & President and Co-Founder of Zillow Group, acquired stock options for 139,998 shares of Class C Capital Stock on February 27, 2025.
Summary
- Lloyd D Frink, Co-Executive Chairman & President and Co-Founder of Zillow Group, Inc., filed a Form 4 on March 3, 2025.
- The filing reports a transaction that occurred on February 27, 2025, where Frink acquired stock options for 139,998 shares of Zillow Group's Class C Capital Stock at a price of $0.
- The options have an exercise price of $76.32.
- The first vesting date for the options is May 14, 2025, with 1/16th of the shares vesting on that date and an additional 1/16th vesting quarterly thereafter until fully vested.
- Following the reported transaction, Frink directly owns derivative securities for 139,998 shares.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing an executive's stock option acquisition. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and their holdings in the company's stock.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence as it shows the executive's commitment to the company.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of transaction: Acquisition of stock options. |
| 05/14/2025 | First vesting date for the stock options. |
| 02/27/2035 | Expiration date of the stock options. |
| 03/03/2025 | Date of Form 4 filing. |
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