ZipRecruiter (ZIP) EVP Amy Garefis exercises RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ZIPRECRUITER, INC. executive Amy Garefis reported routine equity compensation activity tied to restricted stock units. On March 15, 2026, she exercised RSUs to acquire a total of 24,087 shares of Class A Common Stock at a conversion price of $0.00 per share.
In connection with these vestings, 12,442 shares were withheld by the company at $2.83 per share to cover federal and state tax obligations, as described in the footnotes. Following these transactions, Garefis directly owned 223,223 shares of Class A Common Stock.
The filing notes that all shares disposed of were surrendered solely to satisfy required tax withholding related to RSU vesting, and that no open-market sales occurred.
Positive
- None.
Negative
- None.
Insider Trade Summary
24,087 shares exercised/converted
Mixed
11 txns
Insider
Garefis Amy
Role
EVP, Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,237 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,337 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,553 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,841 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,119 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,237 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,337 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,553 | $0.00 | -- |
| Exercise | Class A Common Stock | 5,841 | $0.00 | -- |
| Exercise | Class A Common Stock | 7,119 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 12,442 | $2.83 | $35K |
Holdings After Transaction:
Restricted Stock Units — 15,711 shares (Direct);
Class A Common Stock — 216,815 shares (Direct)
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 of 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, 2023 until fully vested, with the first two vesting tranches scheduled to settle on March 15, 2023, 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, 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.
FAQ
What insider transaction did ZIP (ZipRecruiter) report for Amy Garefis?
ZipRecruiter reported that EVP and Chief People Officer Amy Garefis exercised restricted stock units, converting them into 24,087 shares of Class A Common Stock. These transactions reflect scheduled equity compensation vesting rather than open-market buying or selling activity.
What type of securities did Amy Garefis exercise in this ZIP Form 4 filing?
She exercised restricted stock units, each representing a contingent right to receive one share of ZipRecruiter Class A Common Stock upon settlement. The RSUs vested according to pre-set quarterly schedules, and then settled into common shares on March 15, 2026.