---
schema_version: "secwatch.filing_event.v1"
accession: "0001617640-25-000070"
form_type: "8-K"
ticker: "ZG"
cik: "0001617640"
company_name: "ZILLOW GROUP, INC."
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T03:18:32.971718+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Zillow fully settles $419M convertible notes due 2025, becomes debt-free

## Summary
- Fully settled $419M principal of 2.75% Convertible Senior Notes due 2025 on May 15, 2025.
- Delivered ~$425M cash ($419M principal, $6M interest, nominal fractional shares) and 1,385 Class C shares.
- Company is now debt-free other than credit facility borrowings for Zillow Home Loans.

## SEC filing metadata
- accession: 0001617640-25-000070
- form_type: 8-K
- ticker: ZG
- cik: 0001617640
- company_name: ZILLOW GROUP, INC.
- filed_at: 2025-05-16T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1617640/000161764025000070/0001617640-25-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1617640/000161764025000070/z-20250515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001617640-25-000070
- JSON: https://secwatch.observer/filing/0001617640-25-000070.json
- Plain text: https://secwatch.observer/filing/0001617640-25-000070.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.