ZipRecruiter (ZIP) officer details RSU conversion and 8,765-share tax withholding
Rhea-AI Filing Summary
ZipRecruiter, Inc. executive vice president and chief people officer reported several equity transactions dated December 15, 2025. Multiple tranches of restricted stock units (RSUs) were converted into Class A common stock at an exercise price of $0, including 5,237, 1,337, 4,553 and 5,841 shares. To satisfy federal and state tax withholding obligations arising from the RSU vesting, 8,765 shares of Class A common stock were relinquished to the company at $5.20 per share, described as an exempt transaction under Rule 16b-3. After these transactions, the officer directly beneficially owned 216,957 shares of ZipRecruiter Class A common stock and continued to hold RSUs that represent the right to receive additional shares as they vest over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,237 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,337 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,553 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,841 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,237 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,337 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,553 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,841 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 8,765 | $5.20 | $46K |
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. 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 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. 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, 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. 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
Who is the reporting person in this ZipRecruiter (ZIP) insider filing?
The reporting person is an officer of ZipRecruiter, Inc., serving as EVP, Chief People Officer, as disclosed in the relationship section.
What transactions did the ZipRecruiter (ZIP) officer report on December 15, 2025?
On December 15, 2025, several tranches of restricted stock units (RSUs) were converted into Class A common stock at an exercise price of $0, with individual tranches of 5,237, 1,337, 4,553 and 5,841 shares.
How do the restricted stock units (RSUs) for the ZipRecruiter (ZIP) officer vest?
Each RSU represents a contingent right to receive one share of Class A common stock upon settlement. The RSUs vest as to 1/16 of the total shares quarterly, beginning on March 15, 2023, March 15, 2024, or March 15, 2025 depending on the grant, subject to the officer's continued service on each vesting date.
Do the ZipRecruiter (ZIP) RSUs reported here have an expiration date?
The disclosure notes that RSUs do not expire; they either vest or are canceled prior to the vesting date, rather than having a standard option-style expiration.