Form 4: ZipRecruiter CFO Yarbrough Reports Stock Activity
Insider Transaction Report
ZipRecruiter's CFO, Timothy G. Yarbrough, reported the vesting of restricted stock units and subsequent tax-related share dispositions.
Summary
- Timothy G. Yarbrough, Executive Vice President and Chief Financial Officer of ZipRecruiter, Inc., reported transactions involving Class A Common Stock.
- On September 15, 2025, Mr. Yarbrough acquired a total of 42,044 shares of Class A Common Stock through the vesting and settlement of Restricted Stock Units (RSUs) at an exercise price of $0.
- Concurrently, 20,006 shares of Class A Common Stock were disposed of at a price of $4.9 per share to cover federal and state tax withholding obligations related to the RSU vesting.
- These transactions were conducted pursuant to a Rule 10b5-1(c) plan.
- Following these transactions, Mr. Yarbrough directly beneficially owns 315,544 shares of Class A Common Stock.
- Additionally, 87,562 shares are indirectly beneficially owned through the Yarbrough Family Trust dated March 23, 2017, where Mr. Yarbrough serves as co-trustee.
- Remaining unvested Restricted Stock Units include 57,890, 99,646, and 170,868 units, which are scheduled to vest quarterly based on their respective grant schedules.
Sentiment
Score: 5
Explanation: The filing reports routine, pre-scheduled insider transactions related to executive compensation (RSU vesting and tax withholding). These events are generally neutral in terms of market sentiment as they do not indicate new strategic direction or unexpected financial performance.
Positives
- The vesting of 42,044 Restricted Stock Units increases the beneficial ownership of the Chief Financial Officer in the company, aligning executive interests with shareholder value.
- The transactions were pre-planned under a Rule 10b5-1(c) plan, indicating a structured approach to executive compensation and stock management.
Negatives
- 20,006 shares of Class A Common Stock were disposed of to cover tax liabilities, resulting in a reduction of direct shareholdings.
Future Outlook
Remaining Restricted Stock Units, totaling 328,404 units (57,890, 99,646, and 170,868 units), are scheduled to vest quarterly based on their respective grant schedules, contingent on the Reporting Person's continued service to the Issuer.
Related Party Transactions
- Indirect beneficial ownership of 87,562 shares of Class A Common Stock is held by the Yarbrough Family Trust dated March 23, 2017, of which the Reporting Person is co-trustee.
Next Steps
- Continued quarterly vesting of remaining Restricted Stock Units according to their established schedules, contingent on continued service.
Key Dates
| Date | Description |
|---|---|
| March 15, 2022 | Start of quarterly vesting schedule for a tranche of Restricted Stock Units. |
| March 15, 2023 | Start of quarterly vesting schedule for a tranche of Restricted Stock Units. |
| March 15, 2024 | Start of quarterly vesting schedule for a tranche of Restricted Stock Units. |
| March 15, 2025 | Start of quarterly vesting schedule for a tranche of Restricted Stock Units. |
| September 15, 2025 | Date of reported transactions, including RSU vesting and tax-related share dispositions. |
| September 17, 2025 | Date the Form 4 was signed and filed. |
Recommendation
holdThis Form 4 filing details routine, pre-scheduled insider transactions related to executive compensation (RSU vesting and tax withholding). It does not provide new fundamental information about the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. The transactions are expected and do not signal a significant shift in insider sentiment or company outlook.
Keywords
ZipRecruiter, ZIP, Form 4, Insider Transaction, Restricted Stock Units, RSU, Executive Compensation, Stock Vesting, Timothy G. Yarbrough, Rule 10b5-1
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