SIEGEL IAN H. 4
4 · ZIPRECRUITER, INC. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
ZipRecruiter CEO Ian Siegel Exercises RSUs, Withholds 33,836 Shares
What Happened
- Ian H. Siegel, CEO of ZipRecruiter (ZIP), had a total of 65,656 restricted stock units (RSUs) convert to shares on March 15, 2026 (reported on Form 4 filed March 17, 2026). All shares were issued at $0.00 (conversion of RSUs).
- To cover tax withholding obligations, 33,836 of those shares were surrendered/cancelled at $2.83 per share (total value ≈ $95,756). After the withholding, Siegel’s net increase in beneficial ownership from this event is 31,820 shares.
- The withholding was reported as an exempt transaction under Section 16b‑3(e) (code F) and the conversions are reported with code M (exercise/conversion of derivative).
Key Details
- Transaction date: 2026-03-15; Form 4 filed: 2026-03-17 (timely — Form 4 is due within two business days).
- Shares acquired (conversion): 65,656 shares @ $0.00.
- Shares withheld/disposed for taxes: 33,836 shares @ $2.83 = $95,756.
- Net shares added to holdings from this vesting: +31,820 shares.
- Footnotes: RSUs settle 1-for-1 into Class A common stock (F3); withheld shares were surrendered/cancelled by the issuer to satisfy tax withholding (F1). Multiple RSU grants have quarterly vesting schedules (vesting as to 1/16 each quarter beginning on March 15 of 2024, 2025 or 2026, per footnotes).
- Shares owned after the transaction: not specified on the provided excerpt of the Form 4.
Context
- This was not an open-market sale or purchase — it was the conversion/settlement of RSUs and a routine tax-withholding share surrender (cashless/withholding). Such transactions commonly reflect scheduled vesting and tax obligations rather than discretionary buying or selling by the insider.
- Transaction codes: M = exercise/conversion of derivative/RSU; F = payment of exercise price or tax liability via withholding.
Insider Transaction Report
Form 4
SIEGEL IAN H.
DirectorCHIEF EXECUTIVE OFFICER10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2026-03-15+25,862→ 221,490 total - Exercise/Conversion
Class A Common Stock
2026-03-15+25,556→ 247,046 total - Exercise/Conversion
Class A Common Stock
2026-03-15+14,238→ 261,284 total - Tax Payment
Class A Common Stock
[F1]2026-03-15$2.83/sh−33,836$95,756→ 227,448 total - Exercise/Conversion
Restricted Stock Units
[F3][F4][F5]2026-03-15−25,862→ 181,034 totalExercise: $0.00→ Class A Common Stock (25,862 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F6][F5]2026-03-15−25,556→ 281,116 totalExercise: $0.00→ Class A Common Stock (25,556 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F7][F5]2026-03-15−14,238→ 213,562 totalExercise: $0.00→ Class A Common Stock (14,238 underlying)
Holdings
- 33,618(indirect: See footnote)
Class A Common Stock
[F2]
Footnotes (7)
- [F1]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.
- [F2]Represents shares held by the Siegel Family Trust, of which the Reporting Person and Rochelle Siegel are co-trustees.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- [F4]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.
- [F5]RSUs do not expire; they either vest or are canceled prior to vesting date.
- [F6]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.
- [F7]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.
Signature
/s/ Michael Johnson, Attorney-in-Fact for Reporting Person|2026-03-17