secwatch.observer — SEC 8-K summary
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Issuer:     ZIPRECRUITER, INC. (ZIP)
CIK:        0001617553
Form:       8-K
Filed at:   2022-03-21T23:59:59+00:00
Accession:  0001617553-22-000019
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

ZipRecruiter enters $50M accelerated share repurchase deal with Goldman Sachs
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- Company enters ASR with Goldman Sachs to repurchase $50M of Class A common stock.
- Initial delivery of approximately 1.8M shares expected by March 23, 2022.
- Final settlement based on VWAP during term; expected by Q2 2022.
- After ASR, approximately $37.7M remains available under $100M buyback program.
- Program has no expiration; may be suspended or terminated at any time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1617553/000161755322000019/0001617553-22-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1617553/000161755322000019/zip-20220321.htm
  HTML page:      https://secwatch.observer/filing/0001617553-22-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer