ZIP Form 144: Insider plans $15K sale of 3,021 shares

Rhea-AI Filing Summary

ZipRecruiter, Inc. (ZIP) submitted a Form 144 notice indicating a planned insider sale of common stock. The filing covers 3,021 shares with an estimated aggregate market value of $15,407.10. The proposed transaction will be executed through Morgan Stanley Smith Barney LLC on or about 18 June 2025 on the NYSE.

The shares represent roughly 0.004 % of the company’s 79,873,424 shares outstanding, signalling a very small ownership impact. The securities were acquired as restricted stock units (RSUs) on 15 June 2025 and will be sold for the account of the insider named in the supporting documentation.

The filing also discloses prior activity under a Rule 10b5-1 sales plan. Over the past three months, the same insider sold 5,380 shares for combined gross proceeds of $29,584.69 (2,847 shares on 19 May 2025 and 2,533 shares on 21 Apr 2025). No remarks suggest material undisclosed information, and the signer attests to compliance with Rule 144 and 10b5-1 requirements.

Key takeaway for investors: the size of the planned sale is immaterial relative to ZipRecruiter’s float and does not, on its own, signal a strategic shift or financial stress. However, it continues a pattern of modest, programmatic insider selling.

Insights

Securities Analyst

TL;DR Minor 3,021-share Form 144 sale—de minimis versus float, neutral fundamental signal.

The filing reflects routine liquidity management rather than a fundamental view. The 3,021 shares equal just 0.004 % of outstanding stock and follow earlier 10b5-1 sales totalling 5,380 shares. No pricing discount, no accompanying negative disclosure, and broker Morgan Stanley suggests standard execution. Given the minuscule size, I view the impact on valuation, float, and sentiment as neutral. Investors should monitor if the cadence accelerates, but today’s notice alone is not thesis-altering.

Corporate Governance Expert

TL;DR Routine insider trade within a disclosed 10b5-1 plan, governance risk remains low.

From a governance lens, adherence to Rule 144 and explicit 10b5-1 scheduling mitigates concerns over information asymmetry. The seller affirms no non-public adverse information. Aggregate dispositions (< 0.02 % of float over three months) remain well below thresholds that typically trigger heightened scrutiny. There is no evidence of clustered insider exits or strategic red flags. Consequently, I classify this as not impactful to governance risk profiles.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	3021	15407.10	79873424	06/18/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/15/2025	Restricted Stock Units	Issuer			3021	06/15/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales Plan for AMY F GAREFIS 604 Arizona Avenue Santa Monica CA 90401	Common	05/19/2025	2847	15800.86
10b5-1 Sales Plan for AMY F GAREFIS 604 Arizona Avenue Santa Monica CA 90401	Common	04/21/2025	2533	13783.83

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many ZipRecruiter (ZIP) shares are being sold under this Form 144?

3,021 common shares are scheduled for sale.

What is the estimated market value of the planned ZIP share sale?

The aggregate market value is $15,407.10 based on the filing.

When is the approximate sale date for the ZIP shares?

The filing lists an approximate sale date of 18 June 2025.

What percentage of ZipRecruiter’s outstanding shares does the sale represent?

Roughly 0.004 % of the 79,873,424 shares outstanding.

Were there any other insider sales disclosed in the past three months?

Yes. Two prior sales totaled 5,380 shares for $29,584.69 on 21 Apr 2025 and 19 May 2025 under a 10b5-1 plan.

Which broker is handling the ZIP insider sale?

The transaction will be executed through Morgan Stanley Smith Barney LLC.