{"schema_version":"secwatch.filing_event.v1","accession":"0001617640-21-000085","form_type":"8-K","ticker":"ZG","cik":"0001617640","company_name":"ZILLOW GROUP, INC.","filed_at":"2021-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.338859+00:00","generated_at":"2026-06-28T15:10:54.845304+00:00","sec_items":["2.02","2.05","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Zillow Group to wind down Zillow Offers; Q3 net loss of $328M and $304M inventory write-down","bullets":["Consolidated Q3 revenue $1.74B; GAAP net loss $328M vs. year-ago net income $40M.","Zillow Offers iBuying business to be wound down due to home-price unpredictability; ~25% workforce reduction.","Homes segment recorded $304M inventory write-down; expects $240M-$265M additional losses on homes under contract.","IMT segment revenue grew 16% YoY to $480M and generated $130M segment profit.","Total wind-down costs expected $175M-$230M, mostly in Q4 2021 and H1 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001617640-21-000085","json":"https://secwatch.observer/filing/0001617640-21-000085.json","markdown":"https://secwatch.observer/filing/0001617640-21-000085.md","text":"https://secwatch.observer/filing/0001617640-21-000085.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1617640/000161764021000085/0001617640-21-000085-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1617640/000161764021000085/z-20211102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T15:10:54.845304+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}