ZipRecruiter Insider Filing: CEO Ian Siegel Trims Stake by 29K Shares

Rhea-AI Filing Summary

ZipRecruiter, Inc. (ZIP) – Form 4 insider transaction

CEO, Chairman and >10% owner Ian H. Siegel reported three open-market sales executed under a Rule 10b5-1 plan adopted 9 Sep 2024:

• 8 Aug 2025: 9,722 Class A shares sold at a weighted-avg $3.9392
• 9 Aug 2025: 9,722 shares at $3.8311
• 10 Aug 2025: 9,722 shares at $3.7815

Total shares sold: 29,166; estimated gross proceeds ≈ $112k. Following the sales, the Siegel Family Trust holds 353,514 Class A shares indirectly, while Siegel also retains 143,778 shares held directly.

No derivative transactions were reported. All sales were made pursuant to the pre-set trading plan, limiting concerns over opportunistic trading. Siegel remains the company’s largest individual shareholder and continues to serve as CEO and director.

Insights

Financial Analyst

TL;DR: Pre-planned sale of ~6 % of CEO’s stake; modest, neutral signal.

The 29,166-share divestiture represents roughly 5-6 % of Mr. Siegel’s combined direct and trust holdings and generated only ~$0.11 m in proceeds—immaterial versus ZipRecruiter’s ~$470 m market cap. Because the trades were executed under a Rule 10b5-1 plan adopted nearly a year earlier, they are unlikely to reflect a near-term view on fundamentals. Insider still controls ~497 k shares after the transaction and retains >10 % ownership, so governance influence is unchanged. Overall, the filing is routine and should have limited price impact.

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).

X

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^*

SIEGEL IAN H.

(Last) (First) (Middle)

C/O ZIPRECRUITER, INC.

3000 OCEAN PARK BLVD., SUITE 3000

(Street)

SANTA MONICA CA 90405

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2025

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	08/04/2025		S(1)		9,722	D	$3.9392(2)	372,958	I	See footnote(3)
Class A Common Stock	08/05/2025		S(1)		9,722	D	$3.8311(4)	363,236	I	See footnote(3)
Class A Common Stock	08/06/2025		S(1)		9,722	D	$3.7815(5)	353,514	I	See footnote(3)
Class A Common Stock								143,778	D

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 transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 9, 2024.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.85 to $3.99 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.

3. Represents shares held by the Siegel Family Trust, of which the Reporting Person and Rochelle Siegel are co-trustees.

4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.765 to $3.875 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.

5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.725 to $3.865 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.

Remarks:

	/s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person	08/06/2025
	** 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 CEO Ian Siegel sell?

He sold 29,166 Class A shares across three transactions on 08/04–08/06/2025.

What prices were the ZIP shares sold at?

Weighted-average prices were $3.9392, $3.8311 and $3.7815 for each respective day.

How many shares does the CEO still own after the sales?

Siegel now holds 353,514 shares indirectly via the Siegel Family Trust and 143,778 shares directly.

Was the transaction part of a 10b5-1 trading plan?

Yes. The filing states the sales were pursuant to a Rule 10b5-1 plan adopted on 09/09/2024.

Does this affect Siegel’s status as a 10% owner?

No. After the sales he remains a >10% beneficial owner and continues as CEO and director.