ZIP stock (NYSE: ZIP) insider files Form 144 to sell 5,803 shares
Rhea-AI Filing Summary
A shareholder of the ZIP issuer filed a Form 144 notice to sell common stock. The filing covers a proposed sale of 5,803 common shares through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $30,755.90. The filing notes that 72,529,953 shares of this class were outstanding.
The 5,803 shares to be sold were acquired on 09/15/2025 as restricted stock units from the issuer. The seller also reports prior sales under a Rule 10b5-1 trading plan for the Yarbrough Family Trust, including 6,069 common shares sold on 11/05/2025 for $24,609.19 and 3,276 shares sold on 10/06/2025 for $13,358.22.
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FAQ
What does the ZIP Form 144 filing disclose?
The Form 144 filing discloses that a shareholder of the ZIP issuer plans to sell 5,803 common shares on the NYSE, providing advance notice of this potential sale under SEC Rule 144.
How many ZIP shares are planned to be sold and through which broker?
The notice covers the planned sale of 5,803 common shares through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $30,755.90.
When were the ZIP shares being sold on Form 144 originally acquired?
The 5,803 common shares were acquired on 09/15/2025 as restricted stock units from the issuer, with the same date shown for payment and the nature of payment listed as N/A.
How many ZIP shares are outstanding according to this Form 144?
The filing states that there are 72,529,953 common shares outstanding for the issuer of ZIP as of the information presented in the notice.
What recent ZIP share sales are reported for the Yarbrough Family Trust?
Under a Rule 10b5-1 sales plan for the Yarbrough Family Trust, the filing reports sales of 6,069 common shares on 11/05/2025 for $24,609.19 and 3,276 shares on 10/06/2025 for $13,358.22.
What is Rule 10b5-1’s role in the ZIP Form 144 filing?
The filing indicates that the recent ZIP stock sales were made under a Rule 10b5-1 trading plan for the Yarbrough Family Trust, which pre-schedules trades to help manage trading while limiting the influence of nonpublic information.