[Form 4] ZipRecruiter, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 snapshot

On 28-Jul-2025, ZipRecruiter (ZIP) director and 10 % owner J. Sanford Miller disclosed a single open-market sale. A family trust he controls disposed of 5,811 Class A shares at a weighted-average $4.64 (price range $4.62-$4.64), eliminating that trust’s position.

Miller maintains substantial indirect exposure through Institutional Venture Partners vehicles, which collectively own ≈8.42 million shares (IVP XIV 3.81 M; IVM XIV 10.5 K; IVP XV 4.57 M; IVP XV EF 24.3 K; IVM XV 4.2 K). No derivative transactions, option exercises or corporate events were reported.

The sale represents a minor reduction relative to Miller’s aggregated holdings and does not affect his 10 % beneficial-owner status. No financial performance data or guidance changes accompany this filing.

Insights

Financial Analyst

TL;DR: Small insider sale; ownership largely unchanged—market impact likely negligible.

The transaction involves only 5,811 shares (~$27 k). Miller retains exposure to >8 M shares via IVP funds, so strategic alignment appears intact. No additional sales or derivative activity were reported, suggesting routine portfolio rebalancing rather than a shift in outlook. I view the filing as informational with limited valuation significance.

Corporate Governance Specialist

TL;DR: Compliance-driven disclosure; no governance red flags detected.

Miller properly filed within two business days, described price ranges, and included customary disclaimers of beneficial ownership. The tiny share count relative to fund positions signals no control concern. The filing maintains transparency under Section 16(a) without indicating internal disagreement or looming strategy change.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

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)

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)
07/28/2025

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

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

X	Form filed by One Reporting Person
	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	07/28/2025		S		5,811	D	$4.64(1)	0	I	By Trust(2)
Class A Common Stock								3,809,348	I	By Institutional Venture Partners XIV L.P.(3)
Class A Common Stock								10,459	I	By Institutional Venture Management XIV, LLC(4)
Class A Common Stock								4,570,369	I	By Institutional Venture Partners XV, L.P.(5)
Class A Common Stock								24,294	I	By Institutional Venture Partners XV Executive Fund, L.P.(6)
Class A Common Stock								4,247	I	By Institutional Venture Management XV, LLC(7)

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

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.62 to $4.64 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 in this footnote.

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

3. 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. The Reporting Person is a managing director of IVM XIV and may be deemed to share voting and dispositive power over the shares held by IVP XIV. The Reporting Person disclaims beneficial ownership of the shares held by IVP XIV except to the extent of his pecuniary interest therein.

4. The shares are held of record by IVM XIV. The Reporting Person is a managing director of IVM XIV and may be deemed to share voting and dispositive power over the shares held by IVM XIV. The Reporting Person disclaims beneficial ownership of the shares held by IVM XIV except to the extent of his pecuniary interest therein.

5. The shares are held of record by IVP XV. Institutional Venture Management XV, LLC ("IVM XV") is the general partner of IVP XV. The Reporting Person is a managing director of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVP XV. The Reporting Person disclaims beneficial ownership of the shares held by IVP XV except to the extent of his pecuniary interest therein.

6. The shares are held of record by IVP XV EF. IVM XV is the general partner of IVP XV EF. The Reporting Person is a managing director of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVP XV EF. The Reporting Person disclaims beneficial ownership of the shares held by IVP XV except to the extent of his pecuniary interest therein.

7. The shares are held of record or beneficially by IVM XV. The Reporting Person is a managing director of IVM XV and may be deemed to share voting and dispositive power over the shares held by IVM XV. The Reporting Person disclaims beneficial ownership of the shares held by IVM XV except to the extent of his pecuniary interest therein.

	J. Sanford Miller, By /s/ Leslie Stolper, Attorney-in-Fact	07/30/2025
	** 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

How many ZipRecruiter (ZIP) shares did J. Sanford Miller sell?

The filing shows a sale of 5,811 Class A shares on 28-Jul-2025.

What price did the insider receive for the shares?

The weighted-average sale price was $4.64 per share, with individual trades between $4.62 and $4.64.

Does Miller still hold ZipRecruiter stock after the sale?

Yes. Via several Institutional Venture Partners entities he indirectly holds about 8.42 million shares.

Were any derivative securities involved in this Form 4?

No derivative securities were acquired or disposed of; Table II is empty.

Is the sale considered material to ZipRecruiter investors?

Given the small size relative to Miller’s total holdings, analysts generally view the transaction as immaterial to valuation.