Saenz Jennifer 4
4 · ZIPRECRUITER, INC. · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
ZipRecruiter Director Jennifer Saenz Exercises and Receives RSUs
What Happened
- Jennifer Saenz, a director of ZipRecruiter, converted/exercised 53,828 derivative shares on June 9, 2026 (reported on Form 4 filed June 11, 2026). The filing shows two derivative disposals of 26,914 shares each the same day (total disposed = 53,828). Also on June 9 she received a grant/award of 35,971 restricted stock units (RSUs).
- All transactions list a $0 per-share price in the filing (total $0 reported). The filing does not show a cash amount received or paid. The conversion and immediate disposals occurred the same day; the filing does not state whether the disposals were open-market sales, net-settlement, or tax withholdings.
Key Details
- Transaction date: June 9, 2026; Form 4 filed: June 11, 2026 (filed 2 days after the transactions; appears timely).
- Reported entries: 53,828 acquired via exercise/conversion (code M), two disposals of 26,914 each (code M/derivative), and a grant of 35,971 RSUs (code A).
- Price: $0.00 reported for all entries (typical for RSU settlement/stock issuance entries; filing gives no cash value).
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Footnotes: RSUs represent a contingent right to one share on settlement (F1). Vesting schedules vary by grant:
- Some RSUs vest 1/3 on each annual anniversary or at the issuer’s annual meeting in 2026–2028 (F2, F3).
- Other RSUs vest earlier on specified dates (e.g., by Feb 5, 2027 or June 9, 2027) or at the corresponding annual meeting (F4, F5).
Context
- Derivative entries and $0 prices typically reflect RSU settlements or option/derivative conversions rather than open-market purchases; the subsequent same-day disposals may reflect share sales or tax-related withholdings, but the filing does not specify the nature of the disposals.
- Grants of RSUs are awards (not purchases) and generally vest over time; these do not necessarily indicate immediate insider bullishness.
- No indication in the filing that this is a 10% owner transaction or that transactions were made under a 10b5-1 plan.
Insider Transaction Report
Form 4
Saenz Jennifer
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2026-06-09+53,828→ 53,828 total - Exercise/Conversion
Restricted Stock Units
[F1][F2][F3]2026-06-09−26,914→ 53,828 total→ Class A Common Stock (26,914 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4][F3]2026-06-09−26,914→ 0 total→ Class A Common Stock (26,914 underlying) - Award
Restricted Stock Units
[F3][F5]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 earlier of (i) each annual anniversary of the award or (ii) the date of the Issuer's annual meeting of stockholders in each of 2026, 2027 and 2028, in each case 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) February 5, 2027 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