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ZipRecruiter, Inc. (ZIP) executive exercises RSUs and uses shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ZIPRECRUITER, INC. President and interim CFO David Travers reported multiple equity compensation transactions on March 15, 2026. He exercised restricted stock units (RSUs) that converted into 68,720 shares of Class A Common Stock at a conversion price of $0.00 per share.

To cover federal and state tax withholding obligations from the RSU vesting, 38,422 shares of Class A Common Stock were relinquished and cancelled at $2.83 per share, with the issuer paying the related taxes. Footnotes state these shares were not sold on the open market and were used solely to satisfy required tax liabilities.

After these transactions, Travers directly owned 1,262,963 shares of Class A Common Stock. The filing reflects routine equity compensation vesting and tax withholding rather than discretionary buying or selling.

Positive

  • None.

Negative

  • None.
Insider TRAVERS DAVID
Role President and interim CFO
Type Security Shares Price Value
Exercise Restricted Stock Units 13,347 $0.00 --
Exercise Restricted Stock Units 20,691 $0.00 --
Exercise Restricted Stock Units 20,444 $0.00 --
Exercise Restricted Stock Units 14,238 $0.00 --
Exercise Class A Common Stock 13,347 $0.00 --
Exercise Class A Common Stock 20,691 $0.00 --
Exercise Class A Common Stock 20,444 $0.00 --
Exercise Class A Common Stock 14,238 $0.00 --
Tax Withholding Class A Common Stock 38,422 $2.83 $109K
Holdings After Transaction: Restricted Stock Units — 40,039 shares (Direct); Class A Common Stock — 1,246,012 shares (Direct)
Footnotes (1)
  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 to 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, 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. The RSUs vest as to 1/16 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.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
TRAVERS DAVID
(Last) (First) (Middle)
C/O ZIPRECRUITER, INC.
3000 OCEAN PARK BLVD., SUITE 3000
(Street)
SANTA MONICA CA 90405
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ZIPRECRUITER, INC. [ ZIP ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President and interim CFO
3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/15/2026 M 13,347 A $0 1,246,012 D
Class A Common Stock 03/15/2026 M 20,691 A $0 1,266,703 D
Class A Common Stock 03/15/2026 M 20,444 A $0 1,287,147 D
Class A Common Stock 03/15/2026 M 14,238 A $0 1,301,385 D
Class A Common Stock 03/15/2026 F(1) 38,422 D $2.83 1,262,963 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0(2) 03/15/2026 M 13,347 (3) (4) Class A Common Stock 13,347 $0(2) 40,039 D
Restricted Stock Units $0(2) 03/15/2026 M 20,691 (5) (4) Class A Common Stock 20,691 $0(2) 144,831 D
Restricted Stock Units $0(2) 03/15/2026 M 20,444 (6) (4) Class A Common Stock 20,444 $0(2) 224,880 D
Restricted Stock Units $0(2) 03/15/2026 M 14,238 (7) (4) Class A Common Stock 14,238 $0(2) 213,562 D
Explanation of Responses:
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.
2. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
3. The RSUs vest and are scheduled to settle as to 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.
4. RSUs do not expire; they either vest or are canceled prior to vesting date.
5. 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.
6. 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.
7. The RSUs vest as to 1/16 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.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Michael Johnson, Attorney-in-Fact for Reporting Person 03/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did ZipRecruiter (ZIP) executive David Travers report in this Form 4?

David Travers reported RSU vesting that converted into 68,720 shares of ZipRecruiter Class A Common Stock and a related tax-withholding share disposition. These transactions reflect routine equity compensation rather than open-market buying or selling activity.

How many ZipRecruiter shares does David Travers hold after these transactions?

Following the reported transactions, David Travers directly owns 1,262,963 shares of ZipRecruiter Class A Common Stock. This total reflects his position after RSU conversions and the cancellation of shares used to cover required tax withholding obligations.

Were any of David Travers’ ZipRecruiter shares sold on the open market?

No, footnotes explain that 38,422 shares were relinquished and cancelled solely to satisfy federal and state tax withholding obligations. The issuer paid the taxes; Travers did not conduct any open-market sales of the shares reported in this Form 4.

What type of equity awards were involved in the ZipRecruiter Form 4 for David Travers?

The filing involves Restricted Stock Units (RSUs), each representing a contingent right to receive one share of ZipRecruiter Class A Common Stock upon settlement. Several RSU grants vested and were settled into shares on March 15, 2026 under their existing schedules.

How many ZipRecruiter shares were used to cover David Travers’ tax obligations?

A total of 38,422 shares of ZipRecruiter Class A Common Stock were relinquished and cancelled at $2.83 per share. In exchange, the company agreed to pay Travers’ federal and state tax withholding obligations arising from the vesting of his RSUs.

Do the RSUs reported for ZipRecruiter’s David Travers have an expiration date?

Footnotes state that RSUs do not expire; they either vest according to their schedules or are cancelled before vesting. These awards vest in quarterly installments, subject to Travers’ continued service with ZipRecruiter on each vesting date.