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ZIP (ZIP) trust files Rule 144 to sell 42,206 Class A shares

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

An affiliate of ZIP has filed a Rule 144 notice to sell up to 42,206 shares of Class A common stock through Goldman Sachs & Co. LLC. The filing lists an aggregate market value of $197,524.08 for these shares, with 72,529,953 shares of Class A common stock outstanding and an approximate sale date of 12/18/2025 on the NYSE.

The seller, identified as The Siegel Family Trust, reports that part of the stock was acquired in a 2010 private transaction with the issuer and additional shares were received as restricted stock unit compensation in December 2025. The trust also discloses prior sales of Class A shares over the last three months in multiple blocks, including trades of 13,040 and 9,722 shares on several dates, with specified gross proceeds for each sale.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

How many ZIP Class A shares are being registered for sale under this Rule 144 notice?

The notice covers the proposed sale of 42,206 shares of ZIP Class A common stock, with an aggregate market value of $197,524.08.

Which broker is handling the planned Rule 144 sale for ZIP shares?

The planned sale of 42,206 ZIP Class A shares is listed as being executed through Goldman Sachs & Co. LLC, located at 200 West Street, New York, NY 10282.

What is the total number of ZIP Class A shares outstanding mentioned in the filing?

The Rule 144 notice states that there are 72,529,953 shares of Class A common stock outstanding at the time referenced.

Who is the selling security holder in this ZIP Rule 144 filing?

The selling security holder is identified as The Siegel Family Trust dtd 11/7/2005, with an address at 3000 Ocean Park Blvd., Suite 3000, Santa Monica, CA 90405.

When were the ZIP shares to be sold under Rule 144 acquired by the trust?

The filing shows acquisitions of Class A common stock on 06/30/2010 via a private transaction with the issuer and on 12/15/2025 as restricted stock unit compensation from the issuer.

What prior ZIP stock sales has the trust reported in the last three months?

The Siegel Family Trust reports multiple prior sales of ZIP Class A common stock over the past three months, including blocks of 13,040 and 9,722 shares on several dates in September, October, and November 2025, each with listed gross proceeds.

On which exchange and approximate date is the new ZIP share sale expected?

The notice lists an approximate date of sale of 12/18/2025 for the 42,206 ZIP Class A shares on the NYSE.
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