ZipRecruiter officer vests 9,837 Class A shares
A senior vice president at ZIPRECRUITER, INC. received vested shares and surrendered some to cover tax withholding, with no open-market sales reported.
Rhea-AI Filing Summary
ZIPRECRUITER, INC. (ZIP) reported that officer Bartolome Lora exercised and settled restricted stock units on September 15, 2026. A total of 9,837 RSUs converted into the same number of shares of Class A Common Stock, and 5,211 shares were relinquished to cover federal and state tax withholding obligations; no open-market sales occurred. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,837 shares exercised/converted
Exercise
9 txns
Insider
Bartolome Lora
Role
SVP, ACCOUNTING & CONTROLLER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3, F4 | 1,581 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F5, F4 | 2,156 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F6, F4 | 1,825 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F7, F4 | 4,275 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,581 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,156 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,825 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,275 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock F1 | 5,211 | $3.95 | $21K |
Holdings After Transaction:
Restricted Stock Units — 33,061 contracts (Direct);
Class A Common Stock — 41,821 shares (Direct)
Footnotes (7)
- F1. Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units (the "RSUs"). The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
- F2. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- F3. The RSUs vest quarterly in 15 substantially equal increments beginning June 15, 2023, with the RSUs becoming fully vested on December 15, 2026, subject to the Reporting Person's continued service to the Issuer on each vesting date.
- F4. RSUs do not expire; they either vest or are canceled prior to vesting date.
- F5. The RSUs vest as to 1/16 of the total shares quarterly beginning on March 15, 2024 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
- F6. The RSUs vest as to 1/16 of the total shares quarterly beginning on March 15, 2025 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
- F7. The RSUs vest as to 1/4 of the total shares quarterly beginning on March 15, 2026 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
Key Figures
RSUs converted: 9,837 units
Shares acquired: 9,837 shares
Shares relinquished for taxes: 5,211 shares
+3 more
6 metrics
RSUs converted
9,837 units
Restricted Stock Units converted to Class A Common Stock on September 15, 2026
Shares acquired
9,837 shares
Class A Common Stock received from RSU settlement on September 15, 2026
Shares relinquished for taxes
5,211 shares
Class A Common Stock cancelled to cover tax withholding obligations
Indicated value per share for tax withholding
$3.95 per share
Value used for 5,211-share tax withholding disposition
Derivative exercises
4 transactions
RSU exercise/conversion events reported with code M
Tax withholding disposition events
1 transaction
Code F transaction to satisfy tax liabilities via share cancellation
Key Terms
Restricted Stock Units, Section 16b-3(e), Rule 16b-3, tax withholding obligations
4 terms
Restricted Stock Units financial
"The transactions involve Restricted Stock Units, each representing a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Section 16b-3(e) regulatory
"Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price"
Rule 16b-3 regulatory
"security issued in accordance with Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
tax withholding obligations financial
"in exchange for the Issuer's agreement to pay federal and state tax withholding obligations"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ZIP officer Bartolome Lora report on this Form 4 for ZIP?
He reported the vesting and settlement of 9,837 restricted stock units into an equal number of Class A Common shares on September 15, 2026, along with a related share disposition used to satisfy tax withholding obligations.
What type of equity awards are involved in this ZIP Form 4?
The transactions involve Restricted Stock Units (RSUs), each representing a contingent right to receive one share of ZIPRECRUITER, INC. Class A Common Stock upon settlement, subject to the reporting person’s continued service through scheduled vesting dates.
Is there a Rule 10b5-1 trading plan associated with these ZIP transactions?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes do not describe any Rule 10b5-1 trading plan; the transactions are reported as related to RSU vesting and associated tax withholding.
How many RSUs did the ZIP officer exercise or convert on September 15, 2026?
The transaction summary shows 9,837 RSUs were exercised or converted on September 15, 2026, corresponding to 9,837 newly issued shares of ZIP’s Class A Common Stock before tax-withholding-related share cancellations.
AI-generated analysis. How Rhea-AI works. Not financial advice.