ZipRecruiter (ZIP) CLO sells 2,495 shares under 10b5-1 plan
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 2,495 shares of Class A Common Stock on March 18, 2026 at a weighted average price of $2.5648 per share, with individual trades between $2.45 and $2.61. The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 11, 2024. Following the sale, Sakamoto directly holds 123,964 shares and indirectly holds 77,700 shares through the Sakamoto Living Trust dated January 5, 2015, where he serves as trustee and beneficiary.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,495 shares ($6,399)
Net Sell
2 txns
Insider
SAKAMOTO RYAN T.
Role
EVP, Chief Legal Officer
Sold
2,495 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,495 | $2.5648 | $6K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 123,964 shares (Direct);
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 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 $2.45 to $2.61 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.
FAQ
What insider transaction did ZIP executive Ryan T. Sakamoto report?
Ryan T. Sakamoto reported selling 2,495 shares of ZipRecruiter Class A Common Stock in the open market. The weighted average price was $2.5648 per share, with trades ranging from $2.45 to $2.61 on March 18, 2026.
Was the ZIP Form 4 sale by Ryan T. Sakamoto under a Rule 10b5-1 plan?
Yes. The reported sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Ryan T. Sakamoto on September 11, 2024. Such plans pre-schedule trades, which can make the timing less indicative of his current view on ZipRecruiter’s stock.
What does the indirect ownership entry on the ZIP Form 4 represent?
The indirect ownership reflects 77,700 ZipRecruiter Class A shares held by the Sakamoto Living Trust dated January 5, 2015. The filing notes that Ryan T. Sakamoto is the trustee and beneficiary of this trust, giving him beneficial ownership of those shares.