---
schema_version: "secwatch.filing_event.v1"
accession: "0001617553-23-000045"
form_type: "8-K"
ticker: "ZIP"
cik: "0001617553"
company_name: "ZIPRECRUITER, INC."
filed_at: "2023-12-22T23:59:59+00:00"
generated_at: "2026-06-07T07:56:01.651254+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CEO Ian Siegel cancels 1.398M unvested RSUs; $7.5M non-cash charge in Q4 2023

## Summary
- Cancellation of 1,398,000 market-based RSUs granted April 2021; none met performance milestones.
- One-time non-cash compensation expense of ~$7.5M accelerated into Q4 2023.
- Reduces future dilution and eliminates future expense; board may consider new equity for Siegel.
- Siegel voluntarily relinquished all rights to the RSUs for no consideration.

## SEC filing metadata
- accession: 0001617553-23-000045
- form_type: 8-K
- ticker: ZIP
- cik: 0001617553
- company_name: ZIPRECRUITER, INC.
- filed_at: 2023-12-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1617553/000161755323000045/0001617553-23-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1617553/000161755323000045/zip-20231221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001617553-23-000045
- JSON: https://secwatch.observer/filing/0001617553-23-000045.json
- Plain text: https://secwatch.observer/filing/0001617553-23-000045.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
