ZipRecruiter (NYSE: ZIP) insider reports RSU vesting and tax withholding
Rhea-AI Filing Summary
A ZipRecruiter, Inc. officer who serves as President reported equity award activity involving Class A Common Stock on 12/15/2025. Several grants of restricted stock units (RSUs) were converted into shares of Class A Common Stock at an exercise price of $0 per share, increasing the officer's direct holdings.
On the same date, 29,067 shares of Class A Common Stock were relinquished and cancelled to satisfy federal and state tax withholding obligations arising from RSU vesting, under an exempt transaction described as pursuant to Section 16b-3(e). After these transactions, the officer directly beneficially owned 1,165,402 shares of ZipRecruiter Class A Common Stock, and continued to hold multiple RSU grants that vest quarterly in 1/16 increments beginning March 15 of 2023, 2024, and 2025, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 | 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 | -- |
| Tax Withholding | Class A Common Stock | 29,067 | $5.20 | $151K |
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. 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.
FAQ
What insider transaction did ZipRecruiter (ZIP) report on 12/15/2025?
On 12/15/2025, ZipRecruiter’s President reported the vesting and settlement of multiple restricted stock unit (RSU) awards into shares of Class A Common Stock at an exercise price of $0 per share, along with a tax-withholding transaction in which shares were relinquished and cancelled.
How do ZipRecruiter RSUs reported here work for the President?
Each RSU represents a contingent right to receive one share of ZipRecruiter’s Class A Common Stock upon settlement. RSUs do not expire; they either vest or are cancelled prior to the vesting date, as described in the disclosure.
What are the vesting schedules for the ZipRecruiter RSUs in this report?
One RSU grant vests as to 1/16 of the total shares quarterly beginning on March 15, 2023. A second grant vests 1/16 quarterly beginning on March 15, 2024, and a third grant vests 1/16 quarterly beginning on March 15, 2025. Each schedule is subject to the officer’s continued service to ZipRecruiter on each vesting date.
Are the transactions in this ZipRecruiter (ZIP) Form 4 exempt under Section 16 rules?
The explanation states that the tax-withholding transaction is an exempt transaction pursuant to Section 16b-3(e), involving payment of exercise price or tax liability by delivering or withholding securities incident to the vesting of RSUs issued in accordance with Rule 16b-3.