ZipRecruiter (ZIP) CEO logs planned sale of 29,166 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ZIPRECRUITER, INC. chief executive officer Ian H. Siegel reported three open-market sales of Class A Common Stock under a previously adopted Rule 10b5-1 trading plan. He sold 9,722 shares on each of May 5, 6, and 7, 2026, totaling 29,166 shares.
The weighted average prices were $3.0941, $3.0646, and $3.2286 per share, respectively. After these transactions, Siegel directly holds 111,152 shares of ZipRecruiter Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 29,166 shares ($91,263)
Net Sell
3 txns
Insider
SIEGEL IAN H.
Role
CHIEF EXECUTIVE OFFICER
Sold
29,166 shs ($91K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,722 | $3.2286 | $31K |
| Sale | Class A Common Stock | 9,722 | $3.0646 | $30K |
| Sale | Class A Common Stock | 9,722 | $3.0941 | $30K |
Holdings After Transaction:
Class A Common Stock — 111,152 shares (Direct, null)
Footnotes (1)
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.965 to $3.175 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 $2.985 to $3.185 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 $3.10 to $3.335 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.
Key Figures
Total shares sold: 29,166 shares
Shares sold per day: 9,722 shares
Weighted average price 5/5/2026: $3.0941 per share
+3 more
6 metrics
Total shares sold
29,166 shares
Aggregate open-market sales on May 5–7, 2026
Shares sold per day
9,722 shares
Each of May 5, 6, and 7, 2026
Weighted average price 5/5/2026
$3.0941 per share
Class A Common Stock sale price
Weighted average price 5/6/2026
$3.0646 per share
Class A Common Stock sale price
Weighted average price 5/7/2026
$3.2286 per share
Class A Common Stock sale price
Shares held after transactions
111,152 shares
Direct Class A Common Stock ownership post-sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Class A Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted..."
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. These shares were sold in multiple transactions..."
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
FAQ
What insider transactions did ZIP CEO Ian H. Siegel report on this Form 4?
Ian H. Siegel reported three open-market sales of ZipRecruiter Class A Common Stock. Each transaction involved 9,722 shares sold on May 5, 6, and 7, 2026, under a previously adopted Rule 10b5-1 trading plan.
Were the recent ZIP insider sales made under a Rule 10b5-1 trading plan?
Yes. The filing states the transactions were effected pursuant to a previously adopted Rule 10b5-1 trading plan. Such plans pre-schedule trades, indicating these sales were arranged in advance rather than timed in response to recent company-specific information.
What does the weighted average price disclosure mean in the ZIP Form 4?
The Form 4 notes each reported price is a weighted average across multiple trade executions. Shares were sold in several transactions within stated price ranges, and the insider offers to provide full details on the exact number of shares at each separate price upon request.
What type of transactions were reported for ZipRecruiter (ZIP) on this Form 4?
All reported transactions are open-market sales of Class A Common Stock coded as “S.” They are non-derivative trades, meaning they involve direct share sales rather than option exercises, conversions, or other derivative-related activities.