Bartolome Lora 4

What Happened

• Bartolome Lora, SVP, Accounting & Controller at ZipRecruiter, had RSUs convert into 9,837 shares of Class A common stock on June 15, 2026 (conversion price $0 per share). To cover tax withholding obligations, 5,211 of those shares were surrendered at an effective withholding value of $3.61 per share (total value $18,812). Net shares issued to Lora after withholding: 4,626.

Key Details

• Transaction dates: June 15, 2026 (vesting/conversion and withholding).
• Conversion/Exercise code: M (exercise/conversion of derivative — RSUs converting to shares). Withholding code: F (shares delivered/withheld to cover tax liability).
• Prices reported: conversion at $0.00 (RSUs), withholding at $3.61 per share for 5,211 shares = $18,812.
• Shares owned after transaction: the filing does not state Lora’s total post-transaction holdings.
• Footnotes: RSUs represent a right to one share each; vesting occurs quarterly under staggered schedules and the awards are scheduled to be fully vested by December 15, 2026. The withholding was an exempt transaction under Section 16b-3(e) — shares were surrendered/cancelled to cover required taxes (not a market sale).
• Filing timeliness: Report filed June 17, 2026 for a June 15, 2026 event (appears timely under Section 16 reporting rules).

Context

• This was a routine vesting of restricted stock units, not an open-market purchase or sale. The conversion (M) followed by share withholding (F) is a common cashless/tax-withholding mechanism for RSU settlements — it does not necessarily indicate insider sentiment about the stock.