ZipRecruiter EVP sells shares, settles RSUs
ZIPRECRUITER, INC. executive Amy Garefis, EVP and Chief People Officer, reported several stock transactions involving Class A Common Stock tied to restricted stock unit (RSU) vesting.
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Form Type
4
Rhea-AI Filing Summary
ZIPRECRUITER, INC. executive Amy Garefis, EVP and Chief People Officer, reported several stock transactions involving Class A Common Stock tied to restricted stock unit (RSU) vesting. On June 15, 2026, she sold 9,113 shares in an open-market transaction at a weighted average price of $3.6212 per share under a Rule 10b5-1 trading plan.
On the same date, 24,087 shares were acquired through the exercise and settlement of RSUs, while 12,755 shares were relinquished and cancelled to cover federal and state tax withholding obligations from the RSU vesting. After these transactions, Garefis directly owns 222,910 shares of ZipRecruiter Class A Common Stock.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
12 txns
Insider
Garefis Amy
Role
EVP, Chief People Officer
Sold
9,113 shs ($33K)
Approx. gross sale proceeds
$33K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,237 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,337 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,553 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,841 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 7,119 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 5,237 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,337 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,553 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 5,841 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 7,119 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 12,755 | $3.61 | $46K |
| Sale | Class A Common Stock | 9,113 | $3.6212 | $33K |
Holdings After Transaction:
Restricted Stock Units — 197,195 contracts (Direct);
Class A Common Stock — 222,910 shares (Direct)
Footnotes (10)
- 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. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2026.
- F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.52 to $3.71 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F4. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- F5. The RSUs vest and are scheduled to settle as of 1/16 of the total shares quarterly beginning on March 15, 2023 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
- F6. RSUs do not expire; they either vest or are canceled prior to vesting date.
- F7. The RSUs vest as to 1/16 of the total shares quarterly beginning on March 15, 2023 until fully vested, with the first two vesting tranches scheduled to settle on March 15, 2023, subject to the Reporting Person's continued service to the Issuer on each vesting date.
- F8. 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.
- F9. 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.
- F10. The RSUs vest as to 1/16 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
Open-market sale: 9,113 shares at $3.6212
Tax withholding shares: 12,755 shares at $3.61
RSU shares settled: 24,087 shares
+3 more
6 metrics
Open-market sale
9,113 shares at $3.6212
Class A Common Stock sale on June 15, 2026
Tax withholding shares
12,755 shares at $3.61
Shares relinquished to cover RSU tax obligations
RSU shares settled
24,087 shares
Class A shares acquired via RSU exercises on June 15, 2026
Post-transaction holdings
222,910 shares
Direct Class A Common Stock owned after transactions
Price range of sales
$3.52–$3.71 per share
Weighted-average sale price footnote for June 15, 2026 trades
Rule 10b5-1 plan adoption
March 14, 2026
Date Amy Garefis adopted trading plan referenced in Form 4
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, tax withholding obligations, weighted average price, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Units financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement"
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.
tax withholding obligations financial
"cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations"
weighted average price financial
"The reported price in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Section 16b-3(e) regulatory
"Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ZIP executive Amy Garefis report?
Amy Garefis reported multiple transactions on ZipRecruiter stock. She sold 9,113 Class A shares, had 12,755 shares withheld for taxes, and acquired 24,087 shares through RSU vesting, ending with direct ownership of 222,910 shares.
Were Amy Garefis’s ZipRecruiter stock sales under a Rule 10b5-1 plan?
Yes, the filing states the transactions were effected under a Rule 10b5-1 trading plan. The plan was adopted by Amy Garefis on March 14, 2026, indicating the trades were pre-arranged rather than discretionary market-timing decisions.
How did RSU vesting affect Amy Garefis’s holdings in ZIP stock?
RSU vesting led to the acquisition of 24,087 ZipRecruiter shares. These came from multiple RSU grants settling into Class A Common Stock, while additional shares were withheld or cancelled to satisfy tax obligations associated with that vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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