[8-K] ZIPRECRUITER, INC. Reports Material Event
ZipRecruiter, Inc. reported that on November 17, 2025 it repurchased 1,750,547 shares of its Class A common stock from entities affiliated with Institutional Venture Partners at a price of $4.57 per share under its existing share repurchase program. The transaction was approved by the company’s Audit Committee, indicating board-level oversight of the deal with this significant shareholder. After this repurchase, IVP and its affiliates still beneficially own over 5.0 million Class A shares, representing approximately 7% of ZipRecruiter’s outstanding Class A common stock.
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Insights
ZipRecruiter executes a targeted share repurchase from IVP while IVP remains a sizable holder.
ZipRecruiter repurchased 1,750,547 Class A shares at
The deal was approved by the Audit Committee, highlighting formal oversight of a transaction involving a significant investor. After the repurchase, IVP and its affiliates still hold over 5.0 million Class A shares, or approximately
This kind of targeted buyback can modestly reduce the public float and adjust ownership concentration, but the actual impact depends on the overall size of ZipRecruiter’s repurchase program and future capital allocation decisions disclosed in later reports.
FAQ
What did ZipRecruiter (ZIP) announce in this Form 8-K?
ZipRecruiter disclosed that on November 17, 2025 it repurchased 1,750,547 shares of its Class A common stock from entities affiliated with Institutional Venture Partners at
Who sold shares to ZipRecruiter in this repurchase transaction?
The shares were sold by certain entities affiliated with Institutional Venture Partners (IVP), a significant shareholder of ZipRecruiter’s Class A common stock.
At what price did ZipRecruiter repurchase its Class A common stock from IVP?
ZipRecruiter repurchased the 1,750,547 Class A shares at a purchase price of
Did ZipRecruiter’s board approve the share repurchase from IVP?
Yes. The transaction was approved by ZipRecruiter’s Audit Committee and executed pursuant to the company’s existing share repurchase program.
How much ZipRecruiter stock does IVP still own after this repurchase?
Following the repurchase, IVP and its affiliated entities remain the beneficial owner of over 5.0 million shares of Class A common stock, representing approximately
Does this transaction affect ZipRecruiter’s status on the New York Stock Exchange?
No changes to the listing are indicated. ZipRecruiter’s Class A common stock (ticker: ZIP) continues to be listed on the New York Stock Exchange.