Gupta Mike 4
4 · ZIPRECRUITER, INC. · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
ZipRecruiter Director Mike Gupta Exercises Derivatives, Receives RSUs
What Happened
- Mike Gupta, a director of ZipRecruiter, reported derivative conversions and an RSU award on June 9, 2026. The filing shows he exercised/converted 40,601 derivative units at a reported price of $0 (acquired), and on the same date reported disposals of 7,604 and 32,997 shares (total disposed = 40,601). He was also granted 35,971 restricted stock units (RSUs) at $0. The filing reports $0 cash consideration for these entries.
Key Details
- Transaction date: June 9, 2026; Form 4 filed June 11, 2026 (appears timely).
- Reported prices/values: $0 per share / $0 total as listed in the filing (derivative conversions and RSU grant recorded without cash amounts).
- Shares acquired by conversion/exercise: 40,601 (code M). Shares disposed same day: 7,604 and 32,997 (both reported as derivative-related disposals).
- Award/grant: 35,971 RSUs (code A).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Footnotes: RSUs represent contingent rights to receive one share on settlement (F1). Vesting schedules noted in the filing include 1/3 vesting annually (2025–2027) and vesting tied to the earlier of specific dates or annual meetings (June 10, 2026 and June 9, 2027) (F2, F4, F5). RSUs do not expire prior to vesting (F3).
- Transaction codes: M = exercise/conversion of derivative; A = award/grant.
Context
- The filing shows the exercised/conversion shares were not retained (the number disposed equals the number acquired), and a separate RSU grant was recorded. The Form reports $0 consideration for these entries — this commonly reflects conversion/settlement mechanics rather than an open-market purchase or sale, but the filing does not state the reason for the disposals (e.g., sale, net settlement, or tax withholding). No late-filing indication was included.
Insider Transaction Report
Form 4
Gupta Mike
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2026-06-09+40,601→ 68,166 total - Exercise/Conversion
Restricted Stock Units
[F1][F2][F3]2026-06-09−7,604→ 7,604 total→ Class A Common Stock (7,604 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4][F3]2026-06-09−32,997→ 0 total→ Class A Common Stock (32,997 underlying) - Award
Restricted Stock Units
[F1][F5][F3]2026-06-09+35,971→ 35,971 total→ Class A Common Stock (35,971 underlying)
Footnotes (5)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- [F2]The shares subject to the underlying RSUs shall vest as to 1/3 of the total award on the date of the Issuer's annual meeting of stockholders in each of 2025, 2026 and 2027, subject to the Reporting Person's provision of services to the Issuer on each such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person upon settlement.
- [F3]RSUs do not expire; they either vest or are canceled prior to vesting date.
- [F4]The shares subject to the underlying RSUs shall vest on the earlier of (i) June 10, 2026 and (ii) the date of the Issuer's 2026 annual meeting of stockholders, subject to the Reporting Person's provision of services to the Issuer on such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person upon settlement.
- [F5]The shares subject to the underlying RSUs shall vest on the earlier of (i) June 9, 2027 and (ii) the date of the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's provision of services to the Issuer on such vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person upon settlement.
Signature
/s/ Michael Johnson, Attorney-in-Fact for Reporting Person|2026-06-11