ZipRecruiter (ZIP) legal chief exercises RSUs and covers taxes with company stock
Rhea-AI Filing Summary
ZIPRECRUITER, INC. executive Ryan T. Sakamoto, EVP and Chief Legal Officer, reported multiple transactions on March 15, 2026 involving restricted stock units (RSUs) and Class A Common Stock.
He exercised RSUs to acquire a total of 22,750 shares of Class A Common Stock at a conversion price of $0.00 per share, reflecting RSU vesting rather than open-market purchases. Following these acquisitions and related entries, he held 126,459 shares of Class A Common Stock directly.
An additional 77,700 shares of Class A Common Stock were held indirectly by the Sakamoto Living Trust dated January 5, 2015, of which he is trustee and beneficiary. A separate disposition of 11,911 shares of Class A Common Stock at $2.83 per share was reported as tax withholding to cover obligations arising from these equity awards, not an open-market sale.
Footnotes state that each RSU represents a contingent right to receive one share of Class A Common Stock and that the RSUs vest in 1/16 increments on quarterly schedules beginning on various dates in 2023, 2024, 2025, and 2026, subject to his continued service. RSUs either vest or are canceled; they do not expire.
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