secwatch.observer — SEC 8-K summary
======================================

Issuer:     ZILLOW GROUP, INC. (ZG)
CIK:        0001617640
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0001617640-24-000158
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Zillow issues 4.53M Class C shares upon $498M note conversion, redeems remaining $1M
--------------------------------------------------------------------------------

- 4,526,527 shares of Class C capital stock issued to holders converting $498M principal of 1.375% convertible notes due 2026.
- Cash payments of $498M covering principal and fractional shares delivered to converting noteholders.
- Remaining ~$1M of outstanding notes redeemed at 100% principal plus accrued interest on Dec 18, 2024.
- Issuance exempt from registration under Securities Act Section 3(a)(9).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1617640/000161764024000158/0001617640-24-000158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1617640/000161764024000158/z-20241218.htm
  HTML page:      https://secwatch.observer/filing/0001617640-24-000158

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer