[SCHEDULE 13G/A] ZipRecruiter, Inc. SEC Filing

Rhea-AI Filing Summary

Edmond de Rothschild Asset Management and affiliated Luxembourg vehicles filed Amendment No. 2 to Schedule 13G reporting their current passive ownership of ZipRecruiter (ZIP) Class A shares as of 30 June 2025.

• EDRAM France: 3,518,005 shares, equal to 4.4 % of the class; shared voting power on 3.12 m shares and sole dispositive power on 0.40 m shares.
• EDRAM Luxembourg: 2,307,150 shares (2.9 %); shared voting and dispositive power only.
• Edmond de Rothschild Fund: 2,307,150 shares (2.9 %); identical voting and dispositive rights to EDRAM Luxembourg.

Each reporting person now holds under the 5 % threshold, indicating that at least one previously larger position has been trimmed. The filers certify the holdings were acquired in the ordinary course of business and are not intended to influence control of the issuer. No purchase prices, transaction dates, or financial performance data are provided.

Insights

Financial Analyst

TL;DR: Stake cut below 5 %; modest selling pressure, limited strategic signal.

The amendment shows EDRAM France reducing its position to 4.4 %. Dropping beneath the 5 % threshold often reflects portfolio rebalancing rather than a change in conviction, but it can remove insider-reporting obligations and mildly ease future selling. Combined with the Luxembourg entities, total reported ownership remains meaningful yet fragmented. Because the filing is passive (13G) and no activist intent is signalled, the direct impact on ZIP’s governance is negligible. However, investors should note a potential overhang if the asset manager continues to reduce exposure.

Portfolio Manager

TL;DR: Routine ownership update; overall market impact low.

Rothschild entities still control more than 6 m shares, demonstrating continued institutional confidence. The shift under 5 % by each entity is administrative and keeps reporting burdens lighter. Because voting power remains largely shared, any future block sale would likely be staged to limit price disruption. I view the disclosure as non-impactful to fundamental valuation or short-term share dynamics unless further reductions emerge.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

ZipRecruiter, Inc.

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

98980B103

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 98980B103

1

Names of Reporting Persons

EDMOND DE ROTHSCHILD ASSET MANAGEMENT (FRANCE)

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

FRANCE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 3,120,535.00
7	Sole Dispositive Power 397,470.00
8	Shared Dispositive Power 3,120,535.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,518,005.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.4 %

12

Type of Reporting Person (See Instructions)

FI

SCHEDULE 13G

CUSIP No. 98980B103

1

Names of Reporting Persons

EDMOND DE ROTHSCHILD ASSET MANAGEMENT (LUXEMBOURG)

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

LUXEMBOURG

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,307,150.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,307,150.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,307,150.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.9 %

12

Type of Reporting Person (See Instructions)

FI

SCHEDULE 13G

CUSIP No. 98980B103

1

Names of Reporting Persons

EDMOND DE ROTHSCHILD FUND

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

LUXEMBOURG

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,307,150.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,307,150.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,307,150.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.9 %

12

Type of Reporting Person (See Instructions)

FI

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ZipRecruiter, Inc.
(b)	Address of issuer's principal executive offices: 604 Arizona Avenue, Santa Monica, California 90401
Item 2.
(a)	Name of person filing: This Schedule 13G is being filed on behalf of each of the following persons (each, a "Reporting Person") : 1. EDMOND DE ROTHSCHILD ASSET MANAGEMENT (FRANCE) ("EDRAM France") 2. EDMOND DE ROTHSCHILD ASSET MANAGEMENT (LUXEMBOURG) ("EDRAM Luxembourg") 3. Edmond de Rothschild Fund ("EdR Fund")
(b)	Address or principal business office or, if none, residence: The address of EDRAM France is 47, RUE DU FAUBOURG SAINT HONORE PARIS, France 75008. The address of EDRAM Luxembourg is 4, RUE ROBERT STUMPER, Luxembourg L-2557. The address of EdR Fund is 4, Rue Robert Stumper, Luxembourg L-2557.
(c)	Citizenship: EDRAM France is a French entity EDRAM Luxembourg is a Luxembourg entity EdR Fund is a societe d'investissement a capital variable (SICAV) Luxembourg formed under the laws of Luxembourg.
(d)	Title of class of securities: Class A Common Stock
(e)	CUSIP No.: 98980B103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	investment manager
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s). Each Reporting Person may be deemed to have beneficial ownership of the securities which are the subject of this filing through the investment and/or voting discretion it exercises over its managed portfolios.
(b)	Percent of class: See the response(s) to Item 11 on the attached cover page(s).
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to an investment manager is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

EDMOND DE ROTHSCHILD ASSET MANAGEMENT (FRANCE)

Signature:	/s/ Benjamin Melman
Name/Title:	Benjamin Melman / Global Chief Investment Officer
Date:	07/24/2025

EDMOND DE ROTHSCHILD ASSET MANAGEMENT (LUXEMBOURG)

Signature:	/s/ Marc Fohr
Name/Title:	Marc Fohr / COMEX Member
Date:	07/24/2025

Signature:	/s/ Emmanuel Vergeynst
Name/Title:	Emmanuel Vergeynst / COMEX Member
Date:	07/24/2025

EDMOND DE ROTHSCHILD FUND

Signature:	/s/ Flavien Duval
Name/Title:	Flavien Duval / Member of the Board
Date:	07/24/2025

Signature:	/s/ Herve Touchais
Name/Title:	Herve Touchais / Member of the Board
Date:	07/24/2025

FAQ

How many ZipRecruiter (ZIP) shares does EDRAM France now own?

3,518,005 Class A shares, equal to 4.4 % of the outstanding class.

What percentage of ZIP does Edmond de Rothschild Asset Management Luxembourg hold?

It reports 2.9 % of the Class A common stock (2,307,150 shares).

Why was a Schedule 13G/A filed instead of a 13D?

Because the positions are held passively with no intent to influence control, qualifying for the 13G format.

Does the filing indicate activist intentions toward ZipRecruiter?

No. The certification explicitly states the shares are held in the ordinary course and not to influence control.

What triggered this amendment to the Schedule 13G?

Each reporting person’s ownership fell below the 5 % threshold, requiring an updated disclosure.

What is the effective date of the reported ownership?

The positions are reported as of 30 June 2025.