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ZipRecruiter (ZIP) director exercises RSUs and gets new equity grant

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

Rhea-AI Filing Summary

ZIPRECRUITER, INC. director Herman Cipora reported equity compensation-related transactions rather than open-market trading. He exercised 32,997 Restricted Stock Units (RSUs) into the same number of Class A Common Stock shares and, after these transactions, directly holds 77,893 Class A shares.

He was also granted 35,971 new RSUs, each representing one future share of Class A Common Stock upon settlement. According to the footnotes, RSUs vest on the earlier of specified June dates in 2026 and 2027 or the corresponding annual stockholder meetings, provided he continues serving the company.

Positive

  • None.

Negative

  • None.
Insider Herman Cipora
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 32,997 $0.00 --
Grant/Award Restricted Stock Units 35,971 $0.00 --
Exercise Class A Common Stock 32,997 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class A Common Stock — 77,893 shares (Direct, null)
Footnotes (1)
  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 on the earlier of (i) June 10, 2026 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. 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) 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.
RSUs exercised into shares 32,997 shares Class A Common Stock acquired via RSU conversion on June 9, 2026
New RSU grant 35,971 RSUs Restricted Stock Units granted on June 9, 2026
Shares held after transactions 77,893 shares Class A Common Stock directly owned following the reported transactions
Underlying shares for new RSUs 35,971 shares Class A Common Stock underlying new Restricted Stock Units
2026 RSU vesting reference June 10, 2026 Earlier of this date or 2026 annual meeting for certain RSU vesting
2027 RSU vesting reference June 9, 2027 Earlier of this date or 2027 annual meeting for certain RSU vesting
Restricted Stock Units financial
"The shares subject to the underlying RSUs shall vest on the earlier of (i) June 10, 2026..."
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.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share..."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest financial
"RSUs do not expire; they either vest or are canceled prior to vesting date."
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.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Herman Cipora
(Last)(First)(Middle)
3000 OCEAN PARK BLVD., SUITE 3000
(Street)
SANTA MONICA CALIFORNIA 90405
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
ZIPRECRUITER, INC. [ ZIP ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/09/2026M32,997A$077,893D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/09/2026M32,997 (2) (3)Class A Common Stock32,997$00D
Restricted Stock Units(1)06/09/2026A35,971 (4) (3)Class A Common Stock35,971$035,971D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
2. The shares subject to the underlying RSUs shall vest on the earlier of (i) June 10, 2026 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.
3. RSUs do not expire; they either vest or are canceled prior to vesting date.
4. 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.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Michael Johnson, Attorney-in-Fact for Reporting Person06/11/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Herman Cipora report at ZipRecruiter (ZIP)?

Herman Cipora reported equity compensation activity, not open-market trades. He exercised 32,997 Restricted Stock Units into Class A Common Stock and received a new grant of 35,971 RSUs, increasing his direct share ownership and future share-based compensation exposure at ZipRecruiter.

How many ZipRecruiter shares does Herman Cipora hold after this Form 4?

After these transactions, Herman Cipora directly holds 77,893 shares of ZipRecruiter Class A Common Stock. In addition, he holds 35,971 Restricted Stock Units that can convert into an equal number of shares upon future vesting and settlement, subject to continued service conditions.

What RSU grants did Herman Cipora receive from ZipRecruiter (ZIP)?

Cipora received a grant of 35,971 Restricted Stock Units, each representing one future Class A share upon settlement. Footnotes explain that RSUs vest on the earlier of specified June dates in 2026 and 2027 or the company’s annual stockholder meetings, assuming continued service.

Did Herman Cipora buy or sell ZipRecruiter stock on the open market?

The filing shows no open-market purchases or sales. Instead, it reports an exercise of 32,997 Restricted Stock Units into Class A shares and a grant of 35,971 new RSUs, both categorized as acquisitions related to equity compensation rather than market trading.

How do ZipRecruiter Restricted Stock Units work for Herman Cipora?

Each Restricted Stock Unit equals a contingent right to receive one ZipRecruiter Class A share upon settlement. According to the footnotes, RSUs either vest on specified dates linked to 2026 and 2027 meetings, if service continues, or are canceled if vesting conditions are not met.