ZNasdaq,NasdaqSEC EDGAREDGAR

ZILLOW GROUP, INC.

Services-Business Services, NEC·SEATTLE, WA·FY end 12/31·CIK 1617640

Board of Directors

11 members · 8 independent · FY 2025
DirectorRoleTenureAgeCommitteesIndep.Annual fees
Richard N. BartonCo-Executive Chairman22y58———
Lloyd D. FrinkCo-Executive Chairman22y61———
Jeremy WacksmanCEO and Director2y49———
Erik BlachfordDirector21y59NCG—
J. William GurleyDirector2y59——
Gordon StephensonDirector21y60AuditNCG—
Claire Cormier ThielkeDirector6y40Audit—
April UnderwoodDirector9y45Comp—
Amy C. BohutinskyDirector8y51CompNCG—
Jay C. HoagDirector21y67Comp—
Gregory B. MaffeiDirector21y65Audit—

Risk-factor diff

FY 2025 10-K vs. FY 2024
+103 new−110 removed

Net-new paragraphs in the most recent 10-K's Item 1A. Companies rarely add risk language without a real reason — additions here are often a leading signal of management concerns.

NEW · FY 2025

“Our business has been and may continue to be impacted by the health and stability of the economy and United States residential real estate industry, including inflationary conditions, interest rates, housing availability and affordability, changes to industry standards and practices, labor shortages and supply chain issues.”

NEW · FY 2025

“We may not be able to establish or maintain relationships with listing and data providers, including MLSs, which could adversely affect traffic to our mobile apps and websites.”

NEW · FY 2025

“We are exposed to risks related to our sustainability-related public statements, disclosures, targets, and product features.”

NEW · FY 2025

“Our dedication to making decisions based primarily on the best interests of consumers may negatively impact our results.”

NEW · FY 2025

“Disputes regarding the accuracy or display of our Zestimates and Rent Zestimates may harm our business.”

+ 25 more new paragraphs not shown

Policies & disclosures

Clawback, anti-hedging, stock ownership, and related-party policies will populate from extracted proxy sections.