ZipRecruiter (ZIP) SVP Bartolome Lora Receives RSUs; 5,211 Withheld

What Happened
Bartolome Lora, SVP, Accounting & Controller at ZipRecruiter, had RSUs convert into 9,837 shares on September 15, 2026 (reported on Form 4 filed 9/16/2026). Of those vested shares, 5,211 were relinquished and cancelled by the company to cover federal and state tax withholding obligations at an effective withholding value of $3.95 per share (totaling $20,583). The remaining shares (9,837 vested minus 5,211 withheld = 4,626 net shares) were delivered to the insider. These were not open-market sales—shares were surrendered only to satisfy tax withholding.

Key Details

• Transaction date: 2026-09-15; Form 4 filed: 2026-09-16 (timely filing).
• Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = payment of tax liability via share withholding.
• Vested/converted shares: 9,837 total.
• Shares withheld/cancelled for taxes: 5,211 at $3.95/share = $20,583.
• Net shares delivered to insider: 4,626 (9,837 − 5,211).
• Shares owned after transaction: Not specified in the provided filing data.
• Footnotes: RSUs represent a contingent right to one share each; vesting occurs in scheduled quarterly tranches (various start dates and schedules shown). The shares surrendered were cancelled by the issuer solely to cover tax withholding—no market sale occurred.

Context
This is a routine equity compensation event (RSU vesting) with a cashless share-withholding for taxes. For retail investors, note this is not an insider sale for cash—it's the company collecting taxes when restricted stock units vest. Such filings are common for employee compensation and do not necessarily indicate a manager's view on the stock.