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ZIP (NYSE: ZIP) Form 144 shows insider sales, 8,870 shares proposed

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

Rhea-AI Filing Summary

ZIP filing a Form 144 notifying the proposed sale of 8,870 shares of Common Stock under restricted stock units and an employee stock purchase plan. The filing lists prior 10b5-1 plan dispositions of 2,495 and 2,978 shares executed on 03/18/2026 and 02/18/2026. The cover row shows proceeds of $25,368.20 and an identifying number 71383887, with the Form 144 dated 04/24/2026. The transactions are reported as sales via a 10b5-1 plan.

Positive

  • None.

Negative

  • None.

Insights

Form 144 reports planned sales totaling 8,870 shares and recent 10b5-1 activity.

The filing lists 8,870 shares proposed for sale tied to Restricted Stock Units and Employee Stock Purchase Plan shares, with a cover-row proceeds figure of $25,368.20. Two prior dispositions executed under a 10b5-1 sales plan are shown: 2,495 and 2,978 shares.

These entries are routine regulatory notices of insider/resale activity. The economic impact depends on how many shares are actually sold and market execution; timing and additional plan terms are not disclosed in the excerpt.

Shares proposed for sale 8,870 shares Cover-row associates with RSUs and ESPP
Prior 10b5-1 sale 2,495 shares Executed on 03/18/2026 under 10b5-1 plan
Prior 10b5-1 sale 2,978 shares Executed on 02/18/2026 under 10b5-1 plan
Cover-row proceeds $25,368.20 Listed in the securities information row
Form date 04/24/2026 Date shown in the filing row
10b5-1 sales plan regulatory
"10b5-1 Sales Plan for RYAN SAKAMOTO 3000 Ocean Park Blvd"
Restricted Stock Units financial
"Restricted Stock Units and Employee Stock Purchase Plan Shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan financial
"Restricted Stock Units and Employee Stock Purchase Plan Shares"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

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

What does ZIP's Form 144 disclose about shares being sold?

The Form 144 notifies the proposed sale of 8,870 shares of Common Stock. It ties the shares to Restricted Stock Units and Employee Stock Purchase Plan shares and lists a cover-row proceeds amount of $25,368.20.

Were there recent sales under a 10b5-1 plan for ZIP insiders?

Yes. The filing lists two 10b5-1 plan dispositions: 2,495 shares on 03/18/2026 and 2,978 shares on 02/18/2026. These are reported as prior sales in the past three months.

Who is the broker or intermediary named on the Form 144?

The filing names Morgan Stanley Smith Barney LLC at 1 New York Plaza, 8th Floor, New York, NY. That broker is listed in the securities information row associated with the proposed sale.

What date is shown on ZIP's Form 144 filing?

The Form 144 shows a date of 04/24/2026 in the cover-row. The prior 10b5-1 plan sales are dated 03/18/2026 and 02/18/2026 in the disclosure.

Are the reported sales discretionary or prearranged?

Two of the reported dispositions are identified as executed under a 10b5-1 sales plan, indicating they were prearranged plan sales. The Form 144 itself is a notice of proposed resale tied to those mechanisms.