ZIP insider filing: CFO Yarbrough offloads 6k shares under 10b5-1 plan
Rhea-AI Filing Summary
ZipRecruiter (ZIP) Executive Vice President & Chief Financial Officer Timothy G. Yarbrough disclosed a small insider sale on Form 4.
- Date: 05 Aug 2025 (filed 06 Aug 2025)
- Shares sold: 6,069 Class A common shares
- Weighted-average price: $3.8284 (range $3.78–$3.86)
- Estimated proceeds: ≈ $23.2 k
- Plan status: Transaction executed under a Rule 10b5-1 plan adopted 12 Sep 2024
- Remaining holdings: 293,506 shares held directly and 93,365 shares held indirectly via the Yarbrough Family Trust—total ≈ 386,871 shares
The sale equals roughly 1.5 % of Yarbrough’s reported ownership. No options or other derivative securities were involved, and his executive role remains unchanged.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine 6k-share sale (~$23k) by ZIP CFO; negligible ownership impact.
The disclosed disposition is modest relative to Timothy Yarbrough’s 387 k-share stake and appears pre-planned under Rule 10b5-1, reducing concerns about adverse information asymmetry. The transaction does not materially alter insider ownership, capital structure, or governance. Given ZIP’s average daily volume, market impact is immaterial. Investors typically view such small, scheduled sales as neutral.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,069 | $3.8284 | $23K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 12, 2024. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.78 to $3.86 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. These shares are held of record by the Yarbrough Family Trust dated March 23, 2017, a living trust, of which the Reporting Person is co-trustee.