ZipRecruiter CTO disposes of 4,088 shares via 10b5-1 plan at $5.01–$5.22
Rhea-AI Filing Summary
Boris F. Shimanovsky, Executive Vice President and Chief Technology Officer of ZipRecruiter (ZIP), reported the sale of 4,088 shares of Class A common stock on 09/22/2025 at a weighted-average price of $5.1042 per share. The sale was made under a Rule 10b5-1 trading plan adopted by the reporting person on December 10, 2024 and was executed in multiple transactions at prices ranging from $5.01 to $5.22. Following the reported transactions, the reporting person beneficially owned 337,980 shares of Class A common stock. The filer attested availability of detailed per-price sale breakdown upon request.
Positive
- Transaction executed under a Rule 10b5-1 trading plan, showing pre-planned, compliant insider selling
- Transparent pricing disclosure with weighted-average price $5.1042 and range $5.01–$5.22, and offer to provide per-price details on request
Negative
- None.
Insights
TL;DR: Insider sale under a 10b5-1 plan; modest size relative to holdings, suggesting routine liquidity rather than a material change.
The Form 4 documents a planned disposition of 4,088 Class A shares executed under a Rule 10b5-1 plan. The weighted-average sales price was $5.1042, with individual trades between $5.01 and $5.22. Post-transaction beneficial ownership remains at 337,980 shares. Based solely on the disclosed figures, the sale represents approximately 1.2% of the reporting person’s holdings, indicating a limited ownership reduction and consistent compliance with an established trading plan. No derivative activity or additional material changes are reported.
TL;DR: Filing shows governance-compliant insider trading via a pre-existing 10b5-1 plan with transparent pricing details.
The disclosure highlights adherence to Rule 10b5-1 procedures, including the plan adoption date and a commitment to provide detailed per-price sale information on request. The attestation and manual signature by an attorney-in-fact are included, reflecting formal compliance processes. There are no indications in this filing of unexplained or unplanned insider activity, nor any disclosure of additional control changes or related-party transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,088 | $5.1042 | $21K |
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 10, 2024. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.01 to $5.22 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.