ZipRecruiter director exercises and receives RSUs
ZIPRECRUITER, INC. director Herman Cipora reported equity compensation-related transactions rather than open-market trading.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 32,997 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 35,971 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 32,997 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- F2. 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.
- F3. RSUs do not expire; they either vest or are canceled prior to vesting date.
- F4. 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
Key Terms
Restricted Stock Units financial
RSU financial
derivative security financial
vest financial
FAQ
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What insider transactions did Herman Cipora report at ZipRecruiter (ZIP)?
What RSU grants did Herman Cipora receive from ZipRecruiter (ZIP)?
Did Herman Cipora buy or sell ZipRecruiter stock on the open market?
How do ZipRecruiter Restricted Stock Units work for Herman Cipora?
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