Form 4: ZipRecruiter Director Brie Carere Reports Significant Equity Transactions, Including New RSU Grant

ZipRecruiter, Inc. Director Brie Carere reported the conversion of 20,429 Restricted Stock Units into Class A Common Stock and the acquisition of 32,997 new Restricted Stock Units.

Summary

• Brie Carere, a Director of ZipRecruiter, Inc. (ZIP), reported changes in her beneficial ownership of company securities on June 10, 2025.
• Ms. Carere acquired 20,429 shares of Class A Common Stock through the conversion of previously held Restricted Stock Units (RSUs) at a price of $0.
• Following this conversion, her direct beneficial ownership of Class A Common Stock increased to 49,092 shares.
• Concurrently, 20,429 RSUs were disposed of as they converted into common stock.
• Ms. Carere also acquired a new grant of 32,997 Restricted Stock Units on June 10, 2025, also at a price of $0.
• Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
• The 20,429 RSUs that converted were subject to vesting on the earlier of June 11, 2025, or the date of the Issuer's 2025 annual meeting of stockholders.
• The newly acquired 32,997 RSUs are scheduled to vest on the earlier of June 10, 2026, or the date of the Issuer's 2026 annual meeting of stockholders, subject to continued service.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as a director is receiving new equity compensation, which aligns their interests with shareholders and indicates continued commitment to the company. The vesting of previous RSUs is also a positive sign of compensation realization.

Positives

• Director Brie Carere received a new grant of 32,997 Restricted Stock Units, which aligns her long-term interests with those of shareholders.
• The conversion of 20,429 RSUs into Class A Common Stock indicates a successful vesting event, increasing the director's direct equity ownership in the company.

Future Outlook

The newly acquired 32,997 Restricted Stock Units are scheduled to vest on the earlier of June 10, 2026, or the date of ZipRecruiter's 2026 annual meeting of stockholders, subject to continued provision of services to the Issuer.

Industry Context

This Form 4 filing reflects routine insider equity compensation and vesting events, which are common practices across publicly traded companies to align the incentives of executives and directors with long-term shareholder interests. It does not provide broader industry trends or competitive insights.

Stakeholder Impact

• Shareholders: The grant of new RSUs to a director aligns management's interests with shareholders, potentially fostering long-term value creation. The conversion of RSUs into common stock increases the director's direct ownership stake, reinforcing commitment.

Next Steps

• The newly granted 32,997 Restricted Stock Units are expected to vest on the earlier of June 10, 2026, or the date of the Issuer's 2026 annual meeting of stockholders, contingent on the Reporting Person's continued service.

Key Dates

Keywords

ZipRecruiter, ZIP, Form 4, SEC Filing, Insider Transaction, Stock Ownership, Restricted Stock Units, RSU, Director Compensation, Equity Grant, Brie Carere