ZipRecruiter (ZIP) legal chief sells 2,914 shares, keeps sizable stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ZIPRECRUITER, INC. executive Ryan T. Sakamoto, EVP and Chief Legal Officer, reported an open-market sale of 2,914 shares of Class A Common Stock on May 26, 2026 at a weighted average price of $3.1726 per share. The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on December 11, 2025, indicating it was scheduled in advance. After this transaction, Sakamoto holds 118,072 shares directly and an additional 77,700 shares indirectly through the Sakamoto Living Trust dated 1/5/15, where he serves as trustee and beneficiary, so he retains a substantial ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,914 shares ($9,245)
Net Sell
2 txns
Insider
SAKAMOTO RYAN T.
Role
EVP, Chief Legal Officer
Sold
2,914 shs ($9K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,914 | $3.1726 | $9K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 118,072 shares (Direct, null);
Class A Common Stock — 77,700 shares (Indirect, See footnote)
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 December 11, 2025. 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 $3.27 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.
Key Figures
Shares sold: 2,914 shares
Weighted average sale price: $3.1726 per share
Sale price range: $3.10–$3.27 per share
+3 more
6 metrics
Shares sold
2,914 shares
Class A Common Stock sold on May 26, 2026
Weighted average sale price
$3.1726 per share
Open-market sale on May 26, 2026
Sale price range
$3.10–$3.27 per share
Multiple transactions included in reported sale
Direct holdings after sale
118,072 shares
Class A Common Stock directly owned post-transaction
Indirect trust holdings
77,700 shares
Held by Sakamoto Living Trust dated 1/5/15
Rule 10b5-1 plan adoption date
December 11, 2025
Plan governing the reported sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, Sakamoto Living Trust, open-market sale
4 terms
Rule 10b5-1 trading plan financial
"The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan 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.
Sakamoto Living Trust financial
"The reported shares are held by the Sakamoto Living Trust dated 1/5/15, of which the Reporting Person is trustee..."
open-market sale financial
"transaction_action: open-market sale, transaction_code_description: Sale in open market or private transaction"
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.
FAQ
What did ZipRecruiter (ZIP) executive Ryan T. Sakamoto report in this Form 4?
Ryan T. Sakamoto reported selling 2,914 shares of ZipRecruiter Class A Common Stock. The sale occurred on May 26, 2026 at a weighted average price of $3.1726 per share, as part of his disclosed insider trading activity.
Was Ryan T. Sakamoto’s ZipRecruiter stock sale under a Rule 10b5-1 plan?
Yes, the Form 4 states the transactions were executed under a Rule 10b5-1 trading plan. This plan was adopted on December 11, 2025, meaning the trades were pre-scheduled rather than decided at the time of sale, which often signals routine diversification.
What is the Sakamoto Living Trust’s role in Ryan T. Sakamoto’s ZipRecruiter holdings?
The Sakamoto Living Trust dated 1/5/15 holds 77,700 ZipRecruiter Class A shares. The Form 4 notes Ryan T. Sakamoto is both trustee and beneficiary, meaning he has beneficial ownership over these indirectly held shares in addition to his directly owned stake.