ZipRecruiter (ZIP) director awarded 35,971 RSUs and 53,828 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ZIPRECRUITER, INC. director Jennifer Saenz reported equity-based compensation activity involving Class A Common Stock and Restricted Stock Units (RSUs) on June 9, 2026. She acquired 53,828 shares of Class A Common Stock through exercises or settlements of RSUs and received a new grant of 35,971 RSUs, each representing a contingent right to one share upon settlement.
The new 35,971-RSU award is scheduled to vest in three equal installments on the earlier of each annual anniversary of the award or the company’s annual meeting of stockholders in 2026, 2027 and 2028, subject to continued service. Additional RSU tranches referenced in the filing are scheduled to vest on the earlier of specified calendar dates in 2027 or designated future annual stockholder meetings, also conditioned on continued service. No open-market purchases or sales were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
53,828 shares exercised/converted
Mixed
4 txns
Insider
Saenz Jennifer
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 26,914 | $0.00 | -- |
| Exercise | Restricted Stock Units | 26,914 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 35,971 | $0.00 | -- |
| Exercise | Class A Common Stock | 53,828 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 53,828 shares (Direct, null);
Class A Common Stock — 53,828 shares (Direct, null)
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 shares subject to the underlying RSUs shall vest as to 1/3 of the total award on the earlier of (i) each annual anniversary of the award or (ii) the date of the Issuer's annual meeting of stockholders in each of 2026, 2027 and 2028, in each case subject to the Reporting Person's provision of services to the Issuer on each such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person upon settlement. RSUs do not expire; they either vest or are canceled prior to vesting date. The shares subject to the underlying RSUs shall vest on the earlier of (i) February 5, 2027 and (ii) the date of the Issuer's 2026 annual meeting of stockholders, subject to the Reporting Person's provision of services to the Issuer on such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person upon settlement. The shares subject to the underlying RSUs shall vest on the earlier of (i) June 9, 2027 and (ii) the date of the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's provision of services to the Issuer on such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person upon settlement.
Key Figures
Shares acquired via RSU exercises/settlements: 53,828 shares
New RSU grant: 35,971 RSUs
RSU exercise transactions: 2 exercises, 53,828 RSUs
+4 more
7 metrics
Shares acquired via RSU exercises/settlements
53,828 shares
Class A Common Stock acquired on June 9, 2026
New RSU grant
35,971 RSUs
Award of Restricted Stock Units on June 9, 2026
RSU exercise transactions
2 exercises, 53,828 RSUs
Exercise or conversion of derivative securities
Post-transaction share holdings
53,828 shares
Total Class A Common Stock directly held after transactions
Vesting schedule for new RSUs
3 annual installments
Earlier of award anniversaries or 2026-2028 annual meetings
Additional RSU vesting date 1
Earlier of February 5, 2027 or 2026 meeting
Service-based vesting condition for one RSU tranche
Additional RSU vesting date 2
Earlier of June 9, 2027 or 2027 meeting
Service-based vesting condition for another RSU tranche
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, annual meeting of stockholders, +2 more
6 terms
Restricted Stock Units financial
"The shares subject to the underlying RSUs shall vest as to 1/3 of the total award..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock..."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share..."
annual meeting of stockholders financial
"the date of the Issuer's annual meeting of stockholders in each of 2026, 2027 and 2028..."
vest financial
"The shares subject to the underlying RSUs shall vest on the earlier of..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
settlement financial
"Shares of the Issuer's Common Stock will be delivered to the Reporting Person upon settlement."
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
FAQ
What insider transactions did ZIP director Jennifer Saenz report on this Form 4?
Jennifer Saenz reported equity compensation-related acquisitions only. She acquired 53,828 shares of ZipRecruiter Class A Common Stock via RSU exercises or settlements and received a new grant of 35,971 Restricted Stock Units, with no open-market purchases or sales disclosed.
What are the terms of Jennifer Saenz’s new 35,971 RSU grant at ZipRecruiter (ZIP)?
The 35,971 Restricted Stock Units vest in three equal parts. Each one-third portion vests on the earlier of each annual anniversary of the award or the date of ZipRecruiter’s annual stockholder meeting in 2026, 2027 and 2028, subject to her continued service.
Do the RSUs reported by Jennifer Saenz at ZipRecruiter ever expire?
The filing states that RSUs do not expire. Instead, they either vest according to their specified schedule or are canceled before the vesting date. When RSUs vest and settle, one share of ZipRecruiter Class A Common Stock is delivered for each vested unit.
Were Jennifer Saenz’s ZipRecruiter (ZIP) transactions part of a stock sale in the market?
No, the reported activity involves exercises or settlements of RSUs and a new RSU grant. The Form 4 shows derivative exercises and awards, with no open-market sale or purchase codes. These transactions reflect compensation-related equity rather than trading in the public market.
What future vesting dates are associated with Jennifer Saenz’s ZipRecruiter RSUs?
Some RSUs vest on the earlier of specific calendar dates or stockholder meetings. One tranche vests on the earlier of February 5, 2027 or the 2026 annual meeting, and another on the earlier of June 9, 2027 or the 2027 annual meeting, contingent on continued service.