CEO of ZipRecruiter (ZIP) sells 54,422 shares under 10b5-1 trading plan
Rhea-AI Filing Summary
ZIPRECRUITER, INC. CEO and director Ian H. Siegel reported open-market sales of a total of 54,422 shares of Class A Common Stock over three days. The shares were sold at weighted average prices of $3.0001, $3.0095, and $3.1152 per share, with trade ranges noted between $2.90 and $3.255. Following these transactions, Siegel holds 88,979 shares directly. All sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on August 14, 2025.
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Insights
CEO pre-planned sales total 54,422 shares at around $3, with 88,979 shares retained.
Ian H. Siegel, CEO and director of ZIPRECRUITER, INC., executed three open-market sales of Class A Common Stock totaling 54,422 shares. Reported weighted average prices clustered around $3 per share across the transactions.
The filing states these trades were made under a Rule 10b5-1 trading plan adopted on August 14, 2025, indicating the sales were pre-scheduled rather than timed opportunistically. After the transactions, Siegel’s direct holdings stand at 88,979 shares, showing he retains a meaningful equity position.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,722 | $3.1152 | $30K |
| Sale | Class A Common Stock | 9,722 | $3.0095 | $29K |
| Sale | Class A Common Stock | 34,978 | $3.0001 | $105K |
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 August 14, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.90 to $3.115 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 price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.955 to $3.095 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 price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.035 to $3.255 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.