ZipRecruiter (NYSE: ZIP) CEO details RSU vesting and tax-share cancellations
Rhea-AI Filing Summary
ZipRecruiter, Inc.'s Chief Executive Officer, who is also a director and 10% owner, reported equity transactions dated December 15, 2025. Two restricted stock unit grants were converted into 25,863 and 25,557 shares of Class A common stock at an exercise price of $0 per share. To satisfy federal and state tax withholding from the RSU vesting, 25,495 shares were relinquished and cancelled at $5.2 per share in an exempt transaction under Section 16b-3(e), and the filing notes the shares were not sold for any other purpose.
After these transactions, the reporting person directly held 195,628 shares of Class A common stock and indirectly held 134,164 shares through the Siegel Family Trust, where the reporting person and Rochelle Siegel serve as co-trustees. The person also beneficially owned 206,896 and 306,672 restricted stock units, each RSU representing a right to receive one share of Class A common stock, with the awards vesting in 1/16 quarterly installments beginning March 15, 2024 and March 15, 2025, respectively, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 25,863 | $0.00 | -- |
| Exercise | Restricted Stock Units | 25,557 | $0.00 | -- |
| Exercise | Class A Common Stock | 25,863 | $0.00 | -- |
| Exercise | Class A Common Stock | 25,557 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 25,495 | $5.20 | $133K |
| 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. Represents shares held by the Siegel Family Trust, of which the Reporting Person and Rochelle Siegel are co-trustees. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs vest as to 1/16 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. 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, 2025 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
FAQ
What insider stock transactions did ZipRecruiter (ZIP) report on December 15, 2025?
The filing shows the reporting person, ZipRecruiter, Inc.'s Chief Executive Officer and a director and 10% owner, had two restricted stock unit grants convert into 25,863 and 25,557 shares of Class A common stock on December 15, 2025, along with a related tax-withholding share cancellation.
What is the ZipRecruiter (ZIP) executive's ownership in Class A common stock after the reported transactions?
Following the reported transactions, the executive directly owned 195,628 shares of ZipRecruiter Class A common stock and indirectly owned 134,164 additional shares held by the Siegel Family Trust, for which the executive and Rochelle Siegel are co-trustees.
What restricted stock units (RSUs) does the ZipRecruiter (ZIP) executive still hold and how do they vest?
After the transactions, the executive beneficially owned 206,896 and 306,672 restricted stock units. Each RSU represents a contingent right to receive one share of ZipRecruiter Class A common stock, with the awards vesting as to 1/16 of the total shares quarterly beginning on March 15, 2024 and March 15, 2025, respectively, subject to continued service.