ZipRecruiter insider files Form 144 to sell 8,758 RSUs on NYSE
Rhea-AI Filing Summary
ZipRecruiter insider sale notice: This Form 144 reports that 8,758 restricted stock units (RSUs) of ZipRecruiter, Inc. (symbol ZIP) are proposed for sale through Morgan Stanley Smith Barney LLC on the New York Stock Exchange with an approximate aggregate market value of $44,315.48. The RSUs were acquired from the issuer on 09/15/2025 and the planned sale date is 09/22/2025. The filing shows 74,088,830 shares outstanding for the class.
The filing also lists recent sales by the same person under a 10b5-1 plan: 7,330 shares sold on 08/20/2025 for $31,641.41 and 4,671 shares sold on 07/21/2025 for $21,126.00. The filer attests they are unaware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR Routine insider sale of RSUs totaling 8,758 shares, small relative to the 74.1m outstanding shares; likely neutral to stock valuation.
The transaction reflects an insider disposing of recently vested restricted stock units via a broker on the NYSE. The aggregate value reported ($44,315.48) is modest versus the company's share count, indicating limited market impact. Two prior 10b5-1 plan sales in July and August 2025 are disclosed, demonstrating an ongoing, scheduled selling pattern rather than a single large divestiture. No allegations of material nonpublic information are stated.
TL;DR Disclosure aligns with Rule 144 and 10b5-1 practices; nothing appears to raise governance red flags based on provided data.
The notice identifies the nature of acquisition as restricted stock units granted by the issuer and includes dates consistent with vesting and immediate planned sale. The representation regarding absence of material nonpublic information and reference to a 10b5-1 sales plan are standard compliance elements. The scale of the sale is small relative to outstanding shares, and prior scheduled sales are disclosed, supporting procedural compliance.