ZipRecruiter CLO awarded RSUs and PSUs
SAKAMOTO RYAN T. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
SAKAMOTO RYAN T. reported acquisition or exercise transactions in this Form 4 filing.
ZIPRECRUITER, INC. executive Ryan T. Sakamoto, EVP and Chief Legal Officer, reported equity awards on Class A common stock. He received 113,900 restricted stock units and 45,550 performance stock units, each unit representing the right to receive one share if it ultimately vests.
The RSUs vest in equal quarterly installments of 1/16 of the total starting on March 15, 2026, contingent on continued service. The performance stock units also begin vesting quarterly at 1/16 from March 15, 2026, but only if specified stock price hurdles and service-based conditions are met; otherwise units can be canceled rather than expiring.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 113,900 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units | 45,550 | $0.00 | $0.00 |
Footnotes (5)
- 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 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.
- F3. RSUs do not expire; they either vest or are canceled prior to vesting date.
- F4. Each performance stock unit represents a contingent right to receive one share of Class A Common Stock of the Issuer.
- F5. Subject to the achievement of certain specified stock price hurdles and service-based vesting requirements, the performance stock units will vest quarterly as to 1/16 of the total number of shares beginning on March 15, 2026 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
FAQ
What insider transaction did ZIP (ZipRecruiter) report for Ryan T. Sakamoto?
How many restricted stock units did the ZIP EVP receive in this Form 4?
What are the vesting terms for the ZIP restricted stock units granted to Sakamoto?
How many performance stock units were granted to the ZIP executive in this filing?
What conditions apply to the performance stock units reported by ZIP for Sakamoto?
Do the RSUs and performance stock units in the ZIP Form 4 have an expiration date?
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