ZipRecruiter (ZIP) legal chief sells 2,978 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ZIPRECRUITER, INC. executive vice president and chief legal officer Ryan T. Sakamoto reported an open-market sale of 2,978 shares of Class A Common Stock at a weighted average price of $3.8612 per share, with individual sale prices ranging from $3.55 to $4.03.
The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 11, 2025. Following the sale, he holds 125,637 shares directly and 77,700 shares indirectly through the Sakamoto Living Trust, where he is trustee and beneficiary.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,978 shares ($11,499)
Net Sell
2 txns
Insider
SAKAMOTO RYAN T.
Role
EVP, Chief Legal Officer
Sold
2,978 shs ($11K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,978 | $3.8612 | $11K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 125,637 shares (Direct, null);
Class A Common Stock — 77,700 shares (Indirect, See footnote)
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 December 11, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.55 to $4.03 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. The reported shares are held by the Sakamoto Living Trust dated 1/5/15, of which the Reporting Person is trustee and beneficiary.
Key Figures
Shares sold: 2,978 shares
Weighted average sale price: $3.8612 per share
Sale price range: $3.55–$4.03 per share
+4 more
7 metrics
Shares sold
2,978 shares
Open-market sale of Class A Common Stock
Weighted average sale price
$3.8612 per share
Average price across multiple trades
Sale price range
$3.55–$4.03 per share
Range of prices for individual trades
Direct holdings after sale
125,637 shares
Class A Common Stock held directly post-transaction
Indirect trust holdings
77,700 shares
Held by Sakamoto Living Trust dated 1/5/15
Net shares sold
2,978 shares
Net selling activity in this Form 4
10b5-1 plan adoption date
December 11, 2025
Date trading plan governing these sales was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A Common Stock, Sakamoto Living Trust
4 terms
Rule 10b5-1 trading plan regulatory
"transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Sakamoto Living Trust financial
"The reported shares are held by the Sakamoto Living Trust dated 1/5/15"
FAQ
What insider transaction did ZIP (ZipRecruiter) report for Ryan T. Sakamoto?
ZipRecruiter reported that executive vice president and chief legal officer Ryan T. Sakamoto sold 2,978 shares of Class A Common Stock. The transaction was an open-market sale reported on Form 4, reflecting a small portion of his overall holdings.
Was the recent ZIP (ZipRecruiter) insider sale under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by Ryan T. Sakamoto on December 11, 2025. Such plans pre-arrange trading activity and can indicate routine portfolio management rather than discretionary timing.
What does the weighted average price disclosure mean in the ZIP insider sale?
The weighted average price of $3.8612 reflects multiple trades executed between $3.55 and $4.03 per share. The filing notes that detailed trade-by-trade pricing information is available upon request from the issuer, any security holder, or SEC staff.