ZipRecruiter (ZIP) legal chief sells shares under 10b5-1 plan
Rhea-AI Filing Summary
ZipRecruiter, Inc. executive Ryan T. Sakamoto, EVP and Chief Legal Officer, reported a sale of Class A Common Stock. On January 20, 2026, he sold 2,169 shares at a weighted average price of $2.6154 per share, in transactions executed under a Rule 10b5-1 trading plan adopted on September 11, 2024. After this sale, he beneficially owned 118,598 Class A shares directly and 77,700 Class A shares indirectly through the Sakamoto Living Trust dated January 5, 2015, where he serves as trustee and beneficiary. The price range for the sale transactions was from $2.53 to $2.76 per share.
Positive
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Insights
Small planned sale by ZipRecruiter legal chief under a 10b5-1 plan looks routine.
The filing shows that EVP and Chief Legal Officer Ryan T. Sakamoto sold 2,169 shares of ZipRecruiter Class A Common Stock on January 20, 2026 at a weighted average price of $2.6154 per share. The transaction is coded as a sale and was executed under a Rule 10b5-1 trading plan adopted on September 11, 2024, indicating it was pre-arranged rather than opportunistic.
After this transaction, Sakamoto still beneficially owns 118,598 Class A shares directly and 77,700 Class A shares indirectly through the Sakamoto Living Trust dated January 5, 2015, where he is trustee and beneficiary. The reported sale price reflects multiple trades in a range from $2.53 to $2.76 per share, as disclosed in the weighted-average footnote.
Given the relatively modest number of shares sold and the use of a pre-established 10b5-1 plan, this looks like a routine diversification or liquidity event rather than a signal of a major change in outlook. Future ownership updates will continue to appear in subsequent insider reports if his holdings change further.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,169 | $2.6154 | $6K |
| 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 11, 2024. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.53 to $2.76 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.