ZipRecruiter (NYSE: ZIP) SVP granted 17,100 restricted stock units in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ZIPRECRUITER, INC. reported that SVP, Accounting & Controller Bartolome Lora received a grant of 17,100 restricted stock units. Each RSU represents a contingent right to receive one share of Class A Common Stock upon settlement.
The RSUs vest as to one quarter of the total shares on each quarterly vesting date beginning on March 15, 2026, until fully vested, so long as Lora continues serving the company on each vesting date. The units have no exercise price and either vest or are canceled; they do not carry an expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bartolome Lora
Role
SVP, ACCOUNTING & CONTROLLER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 17,100 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 17,100 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest as to 1/4 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. RSUs do not expire; they either vest or are canceled prior to vesting date.
FAQ
What insider transaction did ZIP (ZipRecruiter, Inc.) report for Bartolome Lora?
ZipRecruiter reported that SVP, Accounting & Controller Bartolome Lora received a grant of 17,100 restricted stock units. Each unit represents a right to one share of Class A Common Stock upon settlement, reflecting equity-based compensation rather than an open-market stock purchase.
How many restricted stock units did the ZIP executive receive in this Form 4?
The executive received 17,100 restricted stock units. These RSUs are a form of stock-based compensation that convert into shares of Class A Common Stock upon vesting and settlement, aligning the executive’s potential future value with the company’s share performance over time.
What is the vesting schedule for the 17,100 RSUs granted by ZIP?
The 17,100 RSUs vest in quarterly installments of one quarter of the total grant beginning March 15, 2026. Vesting continues each quarter until fully vested, provided Bartolome Lora remains in service to ZipRecruiter on each applicable vesting date.
Do the reported ZIP RSUs have an expiration date or exercise price?
The RSUs have no exercise price, being granted at a price of $0.00 per unit. According to the disclosure, RSUs do not expire; they either vest according to the schedule or are canceled before vesting if conditions such as continued service are not satisfied.
What does each RSU reported in ZIP’s Form 4 represent?
Each restricted stock unit represents a contingent right to receive one share of ZipRecruiter’s Class A Common Stock upon settlement. This means the executive will receive actual shares only as the RSUs vest and settle, subject to continued service with the company.