Form 4: ZipRecruiter Director Brie Carere Reports Stock Transactions
SEC Form 4 Filing
Director Brie Carere reports the acquisition and disposal of ZipRecruiter Class A Common Stock and Restricted Stock Units.
Summary
- On June 11, 2024, Brie Carere, a director of ZipRecruiter, engaged in transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
- Carere disposed of 15,004 shares of Class A Common Stock at a price of $0.
- She also disposed of 12,422 RSUs and 2,582 RSUs.
- Additionally, Carere acquired 20,429 RSUs.
- Following these transactions, Carere directly owns 20,429 RSUs and 28,663 shares of Class A Common Stock.
- The RSUs represent a contingent right to receive one share of ZipRecruiter's Class A Common Stock upon settlement.
- Some RSUs vest on the earlier of June 13, 2024, or the date of the Issuer's 2024 annual meeting of stockholders.
- Other RSUs vest in installments on the date of the Issuer's annual meeting of stockholders in each of 2022, 2023 and 2024.
- A further tranche of RSUs will vest on the earlier of June 11, 2025, or the date of the Issuer's 2025 annual meeting of stockholders.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions. There is no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 06/11/2024 | Date of stock transactions (disposal of shares and RSUs, acquisition of RSUs) |
| 06/13/2024 | Earlier vesting date for some RSUs (or the date of the Issuer's 2024 annual meeting of stockholders) |
| 06/11/2025 | Earlier vesting date for some RSUs (or the date of the Issuer's 2025 annual meeting of stockholders) |
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