ZipRecruiter president granted RSU and PSU awards
TRAVERS DAVID reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
TRAVERS DAVID reported acquisition or exercise transactions in this Form 4 filing.
ZipRecruiter President David Travers received new equity awards in the form of restricted and performance stock units. On February 28, 2026 he was granted 227,800 restricted stock units and 113,900 performance stock units, each representing a right to receive one share of Class A common stock.
The RSUs vest quarterly in 16 equal installments beginning on March 15, 2026, as long as he remains in service. The performance stock units also vest quarterly over 16 installments starting March 15, 2026, but only if specified stock price hurdles and service-based conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 227,800 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units | 113,900 | $0.00 | $0.00 |
Footnotes (5)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- F2. 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.
- F3. RSUs do not expire; they either vest or are canceled prior to vesting date.
- F4. Each performance stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F5. Subject to the achievement of certain specified stock price hurdles and service-based vesting requirements, the performance stock units will vest quarterly as to 1/16 of the total number of shares beginning on March 15, 2026 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
FAQ
What did ZipRecruiter (ZIP) President David Travers report in this Form 4?
How many restricted stock units did ZipRecruiter (ZIP) grant to David Travers?
What are the terms of David Travers’ performance stock units at ZipRecruiter (ZIP)?
When do David Travers’ new ZipRecruiter (ZIP) RSUs begin vesting?
Do David Travers’ ZipRecruiter (ZIP) RSUs and PSUs ever expire?
What triggers vesting of David Travers’ performance stock units at ZipRecruiter (ZIP)?
AI-generated analysis. How Rhea-AI works. Not financial advice.