STOCK TITAN

ZIP CEO executes 10b5-1 sales, daily disposals cut holdings by ~19,444

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Ian H. Siegel, CEO, director and co-trustee of the Siegel Family Trust, reported multiple sales of Class A common stock of ZipRecruiter, Inc. (ZIP) under a pre-existing Rule 10b5-1 trading plan. The filings show three consecutive daily dispositions of 9,722 shares each on 10/06/2025, 10/07/2025 and 10/08/2025 at weighted average prices of $4.0788, $3.9596 and $3.9162, respectively. The reported beneficial ownership figures after those sales were 301,586, 291,864 and 282,142 shares, reflecting the declining indirect holdings held in the Siegel Family Trust.

The Form 4 states the 10b5-1 plan was adopted on 09/09/2024, and the filer offers to provide transaction-level price details on request. The signature block shows the form was signed by an attorney-in-fact on 10/08/2025. The transactions are presented as planned dispositions rather than open-market trading unaffiliated with an affirmative defense plan.

Positive

  • Transactions executed under a documented 10b5-1 plan, adopted on 09/09/2024, indicating pre-planned compliance
  • Seller offered transparency by agreeing to provide transaction-level pricing details on request

Negative

  • Indirect beneficial ownership decreased from 301,586 to 282,142 shares after the reported trades
  • Multiple daily disposals (three trades of 9,722 shares each) represent a noticeable near-term reduction in insider-held stock

Insights

CEO sold planned blocks under a 10b5-1 plan, modestly lowering family trust holdings.

The sales were effected under a documented Rule 10b5-1 trading plan adopted on 09/09/2024, which generally provides an affirmative defense to insider trading allegations when transactions are pre-determined. Each reported sale was for 9,722 shares on consecutive days with weighted-average prices between $3.9162 and $4.0788, consistent with multiple executions within those price ranges.

Because the dispositions reduced the Siegel Family Trust's indirect holdings from 301,586 to 282,142 shares across the reported trades, the change is material to insider ownership metrics and should be observable in short-term insider ownership updates; monitor further Form 4 filings for additional planned executions or cessation of the plan.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SIEGEL IAN H.

(Last) (First) (Middle)
C/O ZIPRECRUITER, INC.
3000 OCEAN PARK BLVD., SUITE 3000

(Street)
SANTA MONICA CA 90405

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ZIPRECRUITER, INC. [ ZIP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
CHIEF EXECUTIVE OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
10/06/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 10/06/2025 S(1) 9,722 D $4.0788(2) 301,586 I See footnote(3)
Class A Common Stock 10/07/2025 S(1) 9,722 D $3.9596(4) 291,864 I See footnote(3)
Class A Common Stock 10/08/2025 S(1) 9,722 D $3.9162(5) 282,142 I See footnote(3)
Class A Common Stock 169,703 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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 9, 2024.
2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.985 to $4.155 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.
3. Represents shares held by the Siegel Family Trust, of which the Reporting Person and Rochelle Siegel are co-trustees.
4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.90 to $4.055 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.
5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.825 to $3.985 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.
Remarks:
/s/ Ryan Sakamoto, Attorney-in-Fact for Reporting Person 10/08/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did ZipRecruiter (ZIP) insider Ian Siegel sell?

Ian Siegel reported sales of Class A common stock: three disposals of 9,722 shares each on 10/06/2025, 10/07/2025, and 10/08/2025.

Were the ZipRecruiter sales part of a pre-planned trading program?

Yes. The Form 4 states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on 09/09/2024.

At what prices were the ZipRecruiter shares sold?

The weighted-average prices reported were $4.0788 on 10/06/2025, $3.9596 on 10/07/2025, and $3.9162 on 10/08/2025.

How did these sales affect insider ownership for ZIP?

Reported indirect beneficial ownership after each sale was 301,586, then 291,864, then 282,142 shares, reflecting a reduction in Siegel Family Trust holdings.

Who holds the shares sold by the reporting person?

The Form 4 indicates the shares are held by the Siegel Family Trust, of which Ian Siegel and Rochelle Siegel are co-trustees, and the ownership is reported as indirect.
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