ZIP CFO disposed 3,276 Class A shares via 10b5-1 plan
Rhea-AI Filing Summary
ZipRecruiter chief financial officer sold Class A shares under a 10b5-1 plan. The Form 4 shows 3,276 shares sold on 10/06/2025 at a weighted average price of $4.0776, with sale prices ranging from $3.99 to $4.16. After the reported disposition the reporting person beneficially owns 84,286 shares indirectly through the Yarbrough Family Trust and directly/indirectly holds 315,544 Class A shares in total. The filing states the trades were executed pursuant to a Rule 10b5-1 plan adopted on 9/12/2024.
Positive
- Transaction executed under a Rule 10b5-1 plan, indicating a pre-established framework for the sale
- Seller disclosed price range ($3.99–$4.16) and offered breakdown if requested, supporting transparency
Negative
- Reduction in beneficial holdings: 3,276 shares sold, lowering direct/indirect stake
- File shows ongoing planned dispositions which may lead to further decreases in insider holdings
Insights
Insider sale executed under a pre-established 10b5-1 plan, reducing indirect holdings modestly.
The reported transaction shows 3,276 Class A shares sold at a weighted average of $4.0776 on 10/06/2025, with price execution across $3.99–$4.16
Because the sale was made under a Rule 10b5-1 plan adopted on 9/12/2024, the trade reflects pre-authorized disposition rather than an ad hoc decision. Monitor future Form 4 filings for additional scheduled sales and any material change in total beneficial ownership.
Filing includes required disclosures and a trustee-held indirect position via a family trust.
The Form 4 discloses that 84,286 shares are held of record by the Yarbrough Family Trust dated 3/23/2017, with the reporting person as co-trustee, which explains the indirect ownership classification. The seller also affirms willingness to provide per-price breakdowns upon request, consistent with Form 4 transparency expectations.
Compliance watchers should note the signature by an attorney-in-fact dated 10/08/2025 and the 10b5-1 adoption date for any timing or plan-lapse considerations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,276 | $4.0776 | $13K |
| holding | Class A Common Stock | -- | -- | -- |
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 September 12, 2024. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.99 to $4.16 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. These shares are held of record by the Yarbrough Family Trust dated March 23, 2017, a living trust, of which the Reporting Person is co-trustee.
FAQ
What did ZipRecruiter (ZIP) report on Form 4 for 10/06/2025?
The Form 4 reports that the reporting person sold 3,276 Class A shares on 10/06/2025 at a weighted average price of $4.0776.
Who holds the indirect stake mentioned in the filing?
The indirect holdings are held of record by the Yarbrough Family Trust dated 3/23/2017, for which the reporting person is co-trustee.