Irving Blake 4
Research Summary
AI-generated summary
ZipRecruiter Director Irving Blake Receives RSUs, Exercises Derivative
What Happened
- Irving Blake, a director of ZipRecruiter, reported on 2026-06-09 that he exercised/converted a derivative interest for 32,997 shares (transaction code M) at $0.00 and the derivative was recorded as disposed (conversion/settlement). He was also granted 35,971 restricted stock units (RSUs) (transaction code A) at $0.00. No cash was reported as paid in these transactions; these reflect equity compensation/derivative conversion rather than an open‑market buy or sale.
Key Details
- Transaction date(s): 2026-06-09; Form filed: 2026-06-11 (appears timely — within the typical 2-business-day reporting window).
- Transactions and amounts: Exercised/converted 32,997 derivative units @ $0.00 (M); derivative marked disposed 32,997 @ $0.00 (Derivative); granted 35,971 RSUs @ $0.00 (A).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes:
- Each RSU represents a contingent right to receive one share upon settlement.
- Some RSUs vest as early as the earlier of June 10, 2026 or the 2026 annual meeting (subject to continued service); other RSUs vest as early as the earlier of June 9, 2027 or the 2027 annual meeting. RSUs do not expire.
- Remarks: Exhibit 24 (Power of Attorney) attached to the filing.
Context
- Code M indicates exercise or conversion of a derivative; the separate A entry is a grant/award of RSUs. The zero-dollar amounts mean no exercise price or cash payment is reported in the filing — typical for equity compensation or conversion events. These transactions are routine compensation/settlement events and are not open-market purchases or sales that directly signal buying/selling sentiment.
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