Zillow Group, Inc. ($ZG)
Earnings Call Transcript · June 2, 2026
Highlights from the call
The Zillow Group's Annual Meeting of Shareholders for 2026 did not provide new financial results or guidance, as it was primarily focused on shareholder voting matters. The meeting confirmed the re-election of three directors and the ratification of Deloitte & Touche LLP as the independent auditor for the fiscal year ending December 31, 2026. No new financial data or forward-looking guidance was discussed, leaving previous guidance unchanged.
Main topics
- Director Elections: The meeting confirmed the re-election of three directors: Amy C. Bohutinsky, Jay C. Hoag, and Gregory B. Maffei. This was in line with the Board's recommendations.
- Auditor Ratification: Shareholders ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026.
The meeting was procedural with no new financial or strategic information disclosed. Investors should look to future earnings releases for updates on financial performance and strategic direction. The re-election of directors and auditor ratification were expected outcomes, maintaining continuity in governance. Future catalysts include upcoming earnings reports and any strategic announcements.
Earnings Call Speaker Segments
Operator
OperatorHello, and welcome to the 2026 Zillow Group, Inc. Annual Meeting of Shareholders. Please note that today's meeting is being recorded. After the business portion of the meeting has adjourned, we will have a brief question-and-answer session. [Operator Instructions]. It is now my pleasure to turn today's meeting over to Zillow Group's CEO, Jeremy Wacksman. Mr. Wacksman, the floor is yours.
Jeremy Wacksman
ExecutivesGood afternoon, and welcome to our 2026 Zillow Group Annual Meeting of Shareholders. I am Jeremy Wacksman, CEO of Zillow Group and a member of the company's Board of Directors. I'm joined today by Brad Owens, our General Counsel and Corporate Secretary; and Brad Berning, our Vice President, Strategic Affairs and Investor Relations. I will serve as Chair of this meeting, and Brad Owens will serve as Secretary. I would also like to acknowledge the other Zillow Group directors and officers who are present at this virtual meeting. Brad Owens will cover the business portion of the meeting, after which we will have an opportunity for a brief Q&A. But first, a few logistics. As Chair of the meeting, I have adopted an agenda that will govern the order of business and the rules of conduct for the meeting, which are available on the virtual meeting site. The rules of conduct will also govern the Q&A session. If you are a shareholder and want to ask a question, you can submit one at any time on the virtual meeting website. The polls are open and will close in a few moments shortly after the presentation of the matters for shareholder consideration. We are ready to begin the business of our shareholder meeting, and I will now formally open the meeting to order and hand it over to Brad Owens.
Bradley Owens
ExecutivesThank you, Jeremy. Before I walk us through the business of the meeting, I have a few more introductions to make. Tom Cooper of Computershare has been appointed Inspector of Elections for this meeting. And here with us today are Neil Touche and Chris Weber, representing Deloitte & Touche, our independent auditors. The notice of the meeting and Internet availability of the proxy materials were mailed beginning April 15, 2026, and went to all voting shareholders of record as of March 24, 2026. As a result, this meeting is being held pursuant to proper notice. A list of shareholders of record as of March 24, 2026, is available for your review on the virtual meeting website. In addition, more than a majority of the votes entitled to cast, to be cast at the meeting as of March 24, 2026, are represented today, either virtually or by proxy. This means we have a quorum present. Today, we have two proposals for you to consider. They were each described in the proxy statement for today's meeting. The first is the election of three directors, each nominated by the Board of Directors to serve until the 2029 Annual Meeting of Shareholders. Amy C. Bohutinsky, Jay C. Hoag and Gregory B. Maffei. The Board recommends a vote for each of them. The second item is to ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2026. The Board recommends a vote in favor of that proposal. That concludes the presentation of matters to be voted on today. I will be closing the polls momentarily. If any shareholder has not already voted or wants to change his or her vote, please do so at this time. I will pause for a brief moment to allow any last votes to be submitted. Now that everyone has had the opportunity to vote, the polls are now closed. I will now hand it over to Tom Cooper to share the preliminary voting results. Tom?
Thomas Cooper
AttendeesThank you, Brad. The preliminary report of the Inspector of Election indicates that concerning: Proposal 1, each of the 3 directors nominated for election has been reelected by receipt of the largest number of votes cast as required by Zillow Group's bylaws; Concerning Proposal 2, the advisory vote to ratify the appointment of Deloitte & Touche LLP as Zillow Group's independent registered public accounting firm for the fiscal year ending December 31, 2026. The number of votes cast for the proposal exceeded the number of votes cast against the proposal. Proposal 2 has passed. This completes the report. I'll now pass it back to Brad.
Bradley Owens
ExecutivesThank you, Tom. Please prepare a final report of the votes that will become a part of the record of this meeting. We will report the final voting results in a Form 8-K filed with the SEC within 4 business days. And with that, we have completed the formal portion of the meeting, and the meeting is now adjourned. Let me hand it over to our Vice President of Strategic Affairs and Investor Relations, Brad Berning for any Q&A.
Bradley Berning
ExecutivesThank you, Brad. Jeremy. I am showing no questions, and we'll turn it over to you for concluding remarks.
Jeremy Wacksman
ExecutivesThank you all very much for attending. We appreciate your continued support of Zillow Group.
Operator
OperatorThis concludes the meeting. You may now disconnect.
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