[Form 4] ZipRecruiter, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Insider sale disclosed for ZipRecruiter (ZIP) This Form 4 reports that on 08/21/2025 multiple related reporting persons effected share dispositions under a Share Repurchase Agreement. The filing shows a sale of 1,630,670 shares of Class A common stock at $4.27 per share and an additional sale of 8,675 shares at the same price. Post-transaction beneficial ownership entries are shown for multiple related entities and trusts, including 2,939,699 shares held by Institutional Venture Partners XV, L.P. and aggregated indirect holdings across several IVP funds and management entities. The report identifies the reporting groups, their relationships, and disclaimers of beneficial ownership by individual managing directors.

Positive

• Transaction transparency: Sale was clearly disclosed with price, date and mechanism (Share Repurchase Agreement).
• Detailed ownership disclosure: Post-transaction beneficial ownership by IVP entities and trusts is itemized and disclaimers provided.

Negative

• Large disposition: A sale of 1,630,670 shares at $4.27 represents a substantial insider disposition reported on 08/21/2025.

Insights

Financial Analyst

TL;DR: Significant insider dispositions reported via a share repurchase agreement; ownership tables clarify post-sale holdings.

The filing documents a large block sale of Class A shares (1,630,670 shares at $4.27) executed under a Share Repurchase Agreement dated August 21, 2025. The report lists granular post-transaction beneficial ownership for multiple IVP entities and family trusts, showing continued indirect holdings across IVP XIV and XV structures. For investors, the key facts are the transaction size, execution mechanism (repurchase agreement), and the remaining recorded holdings by affiliated funds. The disclosure is procedural and clarifies control and disclaimers among managing directors.

Corporate Governance Expert

TL;DR: Disclosure appropriately itemizes related-party holdings and disclaimers; transaction executed under contractual repurchase terms.

The Form 4 separates reporting for related entities and individuals, explains the nature of indirect beneficial ownership through general partner and trustee relationships, and notes disclaimers of beneficial ownership except for pecuniary interests. The filing references that this is one of two Forms 4 covering the full reporting group, consistent with EDGAR limits. Governance-wise, the document provides clear attribution of voting and dispositive power among management entities and trusts while documenting the sale mechanics.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Institutional Venture Management XIV, LLC

(Last) (First) (Middle)

3000 SAND HILL ROAD BLDG. 2, SUITE 250

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ZIPRECRUITER, INC. [ ZIP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/21/2025		S(1)		1,630,670	D	$4.27	2,939,699	I	By Institutional Venture Partners XV, L.P.(2)
Class A Common Stock	08/21/2025		S(1)		8,675	D	$4.27	15,619	I	By Institutional Venture Partners XV Executive Fund, L.P.(3)
Class A Common Stock								3,809,348	I	By Institutional Venture Partners XIV L.P.(4)
Class A Common Stock								10,459	I	By Institutional Venture Management XIV, LLC(5)
Class A Common Stock								4,247	I	By Institutional Venture Management XV, LLC(6)
Class A Common Stock								13,682	D(7)
Class A Common Stock								114,181	I	By Trust(8)
Class A Common Stock								16,311	I	By Trust(8)
Class A Common Stock								16,311	I	By Trust(8)
Class A Common Stock								16,311	I	By Trust(8)
Class A Common Stock								13,682	I	By Trust(9)
Class A Common Stock								54,369	I	By Trust(10)
Class A Common Stock								163,114	I	By Trust(11)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Institutional Venture Management XIV, LLC

(Last) (First) (Middle)

3000 SAND HILL ROAD BLDG. 2, SUITE 250

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Institutional Venture Partners XIV, L.P.

(Last) (First) (Middle)

C/O INSTITUTIONAL VENTURE PARTNERS

3000 SAND HILL ROAD BLDG. 2, SUITE 250

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Chaffee Todd C

(Last) (First) (Middle)

C/O INSTITUTIONAL VENTURE PARTNERS

3000 SAND HILL ROAD BLDG. 2, SUITE 250

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Dash Somesh

(Last) (First) (Middle)

C/O INSTITUTIONAL VENTURE PARTNERS

3000 SAND HILL ROAD BLDG. 2, SUITE 250

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

FOGELSONG NORMAN A

(Last) (First) (Middle)

C/O INSTITUTIONAL VENTURE PARTNERS

3000 SAND HILL ROAD BLDG. 2, SUITE 250

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Harrick Stephen J

(Last) (First) (Middle)

C/O INSTITUTIONAL VENTURE PARTNERS

3000 SAND HILL ROAD BLDG. 2, SUITE 250

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Liaw Eric

(Last) (First) (Middle)

C/O INSTITUTIONAL VENTURE PARTNERS

3000 SAND HILL ROAD BLDG. 2, SUITE 250

(Street)

LOS ANGELES CA 90094

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Maltz Jules A.

(Last) (First) (Middle)

C/O INSTITUTIONAL VENTURE PARTNERS

3000 SAND HILL ROAD BLDG. 2, SUITE 250

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Miller J Sanford

(Last) (First) (Middle)

C/O INSTITUTIONAL VENTURE PARTNERS

3000 SAND HILL ROAD BLDG. 2, SUITE 250

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Phelps Dennis B

(Last) (First) (Middle)

C/O INSTITUTIONAL VENTURE PARTNERS

3000 SAND HILL ROAD BLDG. 2, SUITE 250

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. The sale reported in this Form 4 was effected pursuant to a Share Repurchase Agreement by and among the Issuer, Institutional Venture Partners XV, L.P. ("IVP XV") and Institutional Venture Partners XV Executive Fund, L.P. ("IVP XV EF") dated as of August 21, 2025.

2. The shares are held of record by IVP XV. Institutional Venture Management XV, LLC ("IVM XV") is the general partner of IVP XV. Todd C. Chaffee, Somesh Dash, Norman A. Fogelsong, Stephen J. Harrick, Eric Liaw, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps, Jr. are managing directors of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVP XV. Each of IVM XV and Messrs. Chaffee, Dash, Fogelsong, Harrick, Liaw, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVP XV except to the extent of its or his respective pecuniary interest therein.

3. The shares are held of record by IVP XV EF. IVM XV is the general partner of IVP XV EF. Todd C. Chaffee, Somesh Dash, Norman A. Fogelsong, Stephen J. Harrick, Eric Liaw, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps, Jr. are managing directors of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVP XV EF. Each of IVM XV and Messrs. Chaffee, Dash, Fogelsong, Harrick, Liaw, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVP XV except to the extent of its or his respective pecuniary interest therein.

4. The shares are held of record by Institutional Venture Partners XIV, L.P. ("IVP XIV"). Institutional Venture Management XIV LLC ("IVM XIV") is the general partner of IVP XIV. Todd C. Chaffee, Norman A. Fogelsong, Stephen J. Harrick, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps, Jr. are the managing directors of IVM XIV and may be deemed to share voting and dispositive power over the shares held by IVP XIV. Each of IVM XIV and Messrs. Chaffee,Fogelsong, Harrick, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVP XIV except to the extent of its or his respective pecuniary interest therein.

5. The shares are held of record or beneficially by IVM XIV. Todd C. Chaffee, Norman A. Fogelsong, Stephen J. Harrick, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps, Jr. are the managing directors of IVM XIV and may be deemed to share voting and dispositive power over the shares held by IVM XIV. Each of Messrs. Chaffee, Fogelsong, Harrick, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVM XIV except to the extent of his respective pecuniary interest therein.

6. The shares are held of record or beneficially by IVM XV. Todd C. Chaffee, Somesh Dash, Norman A. Fogelsong, Stephen J. Harrick, Eric Liaw, Jules A. Maltz, J. Sanford Miller and Dennis B.Phelps, Jr. are managing directors of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVM XV. Each of Messrs. Chaffee, Dash, Fogelsong, Harrick, Liaw, Maltz, Miller and Phelps disclaims beneficial ownership of the shares held by IVM XV except to the extent of his respective pecuniary interest therein.

7. The shares are held of record by Somesh Dash.

8. The shares are held by a family trust, of which Mr. Fogelsong is the trustee. Mr. Fogelsong disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein.

9. The shares are held by a family trust, of which Mr. Liaw is the trustee. Mr. Liaw disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein.

10. The shares are held by a family trust, of which Mr. Maltz is the trustee. Mr. Maltz disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein.

11. The shares are held by a family trust, of which Mr. Phelps is the trustee. Mr. Phelps disclaims beneficial ownership of these shares except to the extent of his proportionate pecuniary interest therein.

Remarks:

This Form 4 is the first of two Forms 4 filed relating to the same event. Combined, the two reports report the holdings for the following Reporting Persons: Institutional Venture Management XIV, LLC, Institutional Venture Partners XIV L.P., Institutional Venture Management XV, LLC, Institutional Venture Partners XV, L.P., Institutional Venture Partners XV Executive Fund, L.P., Todd C. Chaffee, Somesh Dash, Norman A. Fogelsong, Stephen J. Harrick, Eric Liaw, Jules A. Maltz , J. Sanford Miller and Dennis B. Phelps, Jr. This Form 4 has been split into two filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 reporting persons.

	Institutional Venture Management XIV, LLC, By /s/ Leslie Stolper, Authorized Signatory	08/25/2025
	Institutional Venture Partners XIV L.P., By Institutional Venture Management XIV, LLC, its General Partner, By /s/ Leslie Stolper, Authorized Signatory	08/25/2025
	Todd C. Chaffee, By /s/ Leslie Stolper, Attorney-in-Fact	08/25/2025
	Somesh Dash, By /s/ Leslie Stolper, Attorney-in-Fact	08/25/2025
	Norman A.Fogelsong, By /s/ Leslie Stolper, Attorney-in-Fact	08/25/2025
	Stephen J. Harrick, By /s/ Leslie Stolper, Attorney-in-Fact	08/25/2025
	Eric Liaw, By /s/ Leslie Stolper, Attorney-in-Fact	08/25/2025
	Jules A. Maltz, By /s/ Leslie Stolper, Attorney-in-Fact	08/25/2025
	J. Sanford Miller, By /s/ Leslie Stolper, Attorney-in-Fact	08/25/2025
	Dennis B. Phelps, Jr., By /s/ Leslie Stolper, Attorney-in-Fact	08/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ZipRecruiter (ZIP) report on Form 4?

The Form 4 reports sales on 08/21/2025 including 1,630,670 Class A shares sold at $4.27 per share and an additional 8,675 shares sold at $4.27.

Was the sale executed under a specific agreement?

Yes; the filing states the sale was effected pursuant to a Share Repurchase Agreement dated August 21, 2025 among the issuer and IVP entities.

Which entities hold shares after the reported transaction?

The filing shows post-transaction holdings such as 2,939,699 shares held of record by Institutional Venture Partners XV, L.P., plus additional holdings across IVP XIV/ XV funds, management LLCs and family trusts.

Who are the reporting persons associated with these holdings?

Reporting persons include Institutional Venture Management XIV, LLC; Institutional Venture Partners XIV, L.P.; Institutional Venture Management XV, LLC; Institutional Venture Partners XV, L.P.; Institutional Venture Partners XV Executive Fund, L.P.; and individual managing directors named in the filing.

Does the filing indicate whether individuals claim beneficial ownership?

Yes; several managing directors disclaim beneficial ownership of shares held by the IVP entities except to the extent of their pecuniary interest, and trusts note similar disclaimers with trustees named.