STOCK TITAN

ZipRecruiter (ZIP) president receives large RSU and PSU equity grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
TRAVERS DAVID

(Last) (First) (Middle)
C/O ZIPRECRUITER, INC.
3000 OCEAN PARK BLVD., SUITE 3000

(Street)
SANTA MONICA CA 90405

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ZIPRECRUITER, INC. [ ZIP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President
3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/28/2026 A 227,800 (2) (3) Class A Common Stock 227,800 $0 227,800 D
Performance Stock Units (4) 02/28/2026 A 113,900 (5) (5) Class A Common Stock 113,900 $0 113,900 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
2. 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.
3. RSUs do not expire; they either vest or are canceled prior to vesting date.
4. Each performance stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
5. 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.
Remarks:
/s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did ZipRecruiter (ZIP) President David Travers report in this Form 4?

David Travers reported receiving equity grants of restricted and performance stock units. He was awarded 227,800 restricted stock units and 113,900 performance stock units, each convertible into one share of ZipRecruiter Class A common stock, subject to vesting conditions and continued service.

How many restricted stock units did ZipRecruiter (ZIP) grant to David Travers?

David Travers received 227,800 restricted stock units. Each RSU represents a contingent right to one share of Class A common stock. The units vest in 16 equal quarterly installments starting March 15, 2026, conditioned on his continued service with ZipRecruiter on each vesting date.

What are the terms of David Travers’ performance stock units at ZipRecruiter (ZIP)?

Travers received 113,900 performance stock units with stock-price-based vesting. Each unit converts to one Class A share, vesting quarterly in 16 installments from March 15, 2026, but only if specified stock price hurdles and service-based requirements are satisfied on each vesting date.

When do David Travers’ new ZipRecruiter (ZIP) RSUs begin vesting?

The RSUs begin vesting on March 15, 2026. One-sixteenth of the 227,800 restricted stock units vests each quarter from that date, provided David Travers continues serving ZipRecruiter through each scheduled vesting date under the award terms.

Do David Travers’ ZipRecruiter (ZIP) RSUs and PSUs ever expire?

The RSUs do not expire but either vest or are canceled before vesting. The performance stock units similarly represent contingent rights to shares that will vest over time if stock price hurdles and ongoing service conditions are met; otherwise, unearned units can be forfeited.

What triggers vesting of David Travers’ performance stock units at ZipRecruiter (ZIP)?

PSU vesting depends on stock price hurdles and service-based conditions. The 113,900 performance stock units vest in 16 quarterly installments starting March 15, 2026, but only if ZipRecruiter’s specified stock price targets and Travers’ continued service criteria are both satisfied.
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