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Zillow Group Executive Compensation (FY25)

Z · Seattle, WA · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Jeremy Wacksman
Latest say-on-pay support
=
June 3, 2024
Chief executive pay ratio
◇
To the median employee
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Data as of November 3, 2026Latest filing (DEF 14A): April 15, 2026
7 filings cited on this page
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199 figures on this page: 189 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jeremy Wacksman: $15,663,427 → $7,138,557 (54.4% lower)
CEO pay ratio: 93:1 → 39:1 (58.1% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Zillow Group's chief executive and what were they paid?
Total compensation for Jeremy Wacksman, Chief Executive Officer, came to $7,138,557 in fiscal 2025. Compared with the $15,663,427 reported for fiscal 2024, Wacksman's total was 54.4% lower.
What was Zillow Group's say-on-pay result?
Shareholders supported the say-on-pay proposal with 77.6% of votes cast for or against in favor at the meeting held June 3, 2024 for fiscal 2023.
Which companies are in Zillow Group's peer group?
The disclosed peer group names AppFolio, Inc., CoStar Group, Inc., DoorDash, Inc., Dropbox, Inc. and Etsy, Inc., among others.
What is Zillow Group's chief executive pay ratio?
The company reported a chief executive pay ratio of 39:1 for fiscal 2025, against median employee compensation of $184,769.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jeremy Wacksman
Chief Operating Officer
◇—◇◇——◇◇
Susan Daimler
President of Zillow
◇—◇◇——◇◇
David Beitel
Chief Technology Officer
◇—◇◇——◇◇
Richard Barton
Chief Executive Officer
◇——◇——◇◇
Allen Parker
Chief Financial Officer
◇—◇◇——◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Barton
Chief Executive Officer
◇——◇——◇◇
Lloyd Frink
Executive Chairman and President
◇——◇——◇◇
Jeremy Hofmann
Chief Financial Officer
◇—◇◇——◇◇
David Beitel
Chief Technology Officer
◇—◇◇——◇◇
Susan Daimler
President of Zillow
◇—◇◇——◇◇
Allen Parker
Former Chief Financial Officer
Departed during or after this year
◇—◇———◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jeremy Wacksman
Chief Executive Officer
◇—◇◇——◇◇
Richard Barton
Co-founder, Co-Executive Chairman and Former Chief Executive Officer
Departed during or after this year
◇——◇——◇◇
Lloyd Frink
Co-founder, Co-Executive Chairman and President
◇——◇——◇◇
Jun Choo
Chief Operating Officer
◇—◇◇——◇◇
David Beitel
Chief Technology Officer
◇—◇◇——◇◇
Jeremy Hofmann
Chief Financial Officer
◇—◇◇——◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jun Choo
Chief Operating Officer
◇—◇◇——◇◇
Jeremy Wacksman
Chief Executive Officer
◇—◇◇——◇◇
Richard Barton
Co-founder and Co-Executive Chairman
◇——◇——◇◇
Lloyd Frink
Co-founder, Co-Executive Chairman and President
◇——◇——◇◇
Jeremy Hofmann
Chief Financial Officer
◇—◇◇——◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Jeremy HofmannRSU◇——◇——◇
Jeremy HofmannOPTION◇——◇—◇◇
Jeremy WacksmanRSU◇——◇——◇
Jeremy WacksmanOPTION◇——◇—◇◇
Jun ChooRSU◇——◇——◇
Jun ChooOPTION◇——◇—◇◇
Lloyd D. FrinkOPTION◇——◇—◇◇
Richard N. BartonOPTION◇——◇—◇◇
Fiscal 2022, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Jeremy WacksmanPSU◇=——
RSU◇=——
Jun ChooPSU◇=——
RSU◇=——
Jeremy HofmannPSU◇=——
RSU◇=——
Lloyd FrinkRSU◇=——
Richard BartonRSU◇=——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Jeremy Wacksman
Chief Executive Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Change-in-control base◇
Benefits continuation on change in control◇
Benefits continuation◇
Lloyd Frink
Co-founder, Co-Executive Chairman and President · Severance agreement
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Change-in-control base◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Richard Barton
Co-founder and Co-Executive Chairman · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Change-in-control base◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Amy C. Bohutinsky
——◇———◇
Jay C. Hoag
——◇———◇
J. William Gurley
——◇———◇
Gordon Stephenson
——◇———◇
Gregory B. Maffei
——◇———◇
Claire Cormier Thielke
—◇◇———◇
April Underwood
—◇◇———◇
Erik Blachford
—◇————◇
Jeremy Wacksman, Richard N. Barton and Lloyd D. Frink served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board equity retainer◇
Equity is delivered as RSUs or Options.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • AppFolio, Inc. APPF
  • CoStar Group, Inc. CSGP
  • DoorDash, Inc. DASH
  • Dropbox, Inc. DBX
  • Etsy, Inc. ETSY
  • Expedia, Inc. EXPE
  • Frontdoor, Inc. FTDR
  • GoDaddy Inc. GDDY
  • Guidewire Software, Inc. GWRE
  • IAC/InterActiveCorp IAC
  • Maplebear Inc. (Instacart) CART
  • Pinterest, Inc. PINS
  • Redfin Corporation RDFN
  • Robinhood Markets, Inc. HOOD
  • Rocket Companies, Inc. RKT
  • SoFi Technologies, Inc. SOFI
  • Squarespace, Inc. SQSP
  • Take Two Interactive Software, Inc. TTWO
  • Verisign, Inc. VRSN
  • Workday, Inc. WDAY

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2023June 3, 2024=◇◇◇
2020June 8, 2021=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Jeremy Wacksman (Chief Executive Officer), FY2025 total compensation $7,138,557 (base salary $850,266) [exec_comp, SEC accession 0001617640-26-000031, filed 2026-04-15]

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What this page does not include

Everything above is a fact Zillow Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Zillow Group sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
199 figures on this page: 189 cited to the filing that reported them, 10 calculated from figures it prints.
189 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001617640-26-000031
    2025 Director Compensation Table · 2025 Grants of Plan-Based Awards Table · 2025 Outstanding Equity Awards at Fiscal Year-End Table · 2025 Summary Compensation Table · and 2 more sections
  3. 0001617640-25-000056
    2024 Summary Compensation Table
  4. 0001617640-24-000084
    Proposal 3: Advisory Vote to Approve the Compensation of Named Executive Officers FOR AGAINST ABSTAIN BROKER NON-VOTES
  5. 0001617640-24-000061
    2023 Summary Compensation Table
  6. 0001617640-23-000056
    2022 Summary Compensation Table
  7. 0001617640-21-000037
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This page is free to cite. Attribution we ask for:
Velarion, “Zillow Group executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/Z (accessed 2026).
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Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
Get the executive briefGet the board briefNo account needed.
7 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Zillow Group discloses

The companies named in Z's own disclosed peer group.

AppFolio, Inc.CoStar Group, Inc.DoorDash, Inc.Dropbox, Inc.Etsy, Inc.Expedia, Inc.Frontdoor, Inc.GoDaddy Inc.Guidewire Software, Inc.Maplebear Inc. (Instacart)Pinterest, Inc.Redfin CorporationRobinhood Markets, Inc.Rocket Companies, Inc.SoFi Technologies, Inc.Squarespace, Inc.Take Two Interactive Software, Inc.Verisign, Inc.Workday, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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