ZipRecruiter, Inc. (ZIP) CFO discloses RSU vesting and tax share withholding
Rhea-AI Filing Summary
ZipRecruiter, Inc.'s EVP and Chief Financial Officer reported RSU vesting and related share withholding. On 12/15/2025, restricted stock units converted into 11,578, 11,072 and 13,144 shares of Class A Common Stock at a price of $0 per share. To cover federal and state tax withholding from this vesting, 17,032 shares were relinquished and canceled at $5.2 per share, with no open-market sale by the executive. After these transactions, the executive beneficially owns 334,306 Class A shares directly and 72,414 shares indirectly through the Yarbrough Family Trust dated March 23, 2017. The underlying RSUs vest quarterly in 1/16 increments beginning on March 15 of 2023, 2024 and 2025, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,578 | $0.00 | -- |
| Exercise | Restricted Stock Units | 11,072 | $0.00 | -- |
| Exercise | Restricted Stock Units | 13,144 | $0.00 | -- |
| Exercise | Class A Common Stock | 11,578 | $0.00 | -- |
| Exercise | Class A Common Stock | 11,072 | $0.00 | -- |
| Exercise | Class A Common Stock | 13,144 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 17,032 | $5.20 | $89K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- 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. These shares are held of record by the Yarbrough Family Trust dated March 23, 2017, a living trust, of which the Reporting Person is co-trustee. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest and are scheduled to settle as to 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. RSUs do not expire; they either vest or are canceled prior to vesting date. 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. 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.
FAQ
What insider transaction did ZipRecruiter (ZIP) report for its CFO?
The EVP and Chief Financial Officer of ZipRecruiter, Inc. reported the vesting of restricted stock units (RSUs) on 12/15/2025, which converted into new shares of Class A Common Stock, along with related share withholding to satisfy tax obligations.
What are the vesting terms of the restricted stock units reported by the ZipRecruiter CFO?
The RSUs each represent a right to receive one share of Class A Common Stock upon settlement. They vest as to 1/16 of the total shares quarterly beginning on March 15, 2023, March 15, 2024 and March 15, 2025, respectively, subject to the executive's continued service. The RSUs do not expire; they either vest or are canceled before vesting.