ZipRecruiter (NYSE: ZIP) CEO sells 19,444 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ZIPRECRUITER, INC. Chief Executive Officer Ian H. Siegel reported open-market sales of Class A Common Stock under a pre-arranged Rule 10b5-1 trading plan. On April 1 and 2, he sold a total of 19,444 shares at weighted average prices of $1.9014 and $1.8645 per share, respectively.
After these transactions, Siegel directly holds 187,814 shares of Class A Common Stock. Because the trades were executed pursuant to a Rule 10b5-1 trading plan, they reflect a pre-scheduled liquidity program rather than discretionary market-timed sales.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 19,444 shares ($36,612)
Net Sell
2 txns
Insider
SIEGEL IAN H.
Role
CHIEF EXECUTIVE OFFICER
Sold
19,444 shs ($37K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,722 | $1.8645 | $18K |
| Sale | Class A Common Stock | 9,722 | $1.9014 | $18K |
Holdings After Transaction:
Class A Common Stock — 187,814 shares (Direct)
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 August 14, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.825 to $1.975 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 price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.775 to $1.905 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.
Key Figures
Total shares sold: 19,444 shares
Shares sold per day: 9,722 shares
Weighted avg price April 1: $1.9014 per share
+2 more
5 metrics
Total shares sold
19,444 shares
Open-market sales on April 1-2, 2026
Shares sold per day
9,722 shares
Each transaction on April 1 and April 2, 2026
Weighted avg price April 1
$1.9014 per share
Class A Common Stock sale on April 1, 2026
Weighted avg price April 2
$1.8645 per share
Class A Common Stock sale on April 2, 2026
Shares held after transactions
187,814 shares
Direct Class A Common Stock ownership after April 2, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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"
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.
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did ZIP (ZipRecruiter) report for its CEO?
ZipRecruiter CEO Ian H. Siegel reported selling 19,444 shares of Class A Common Stock in open-market transactions. The sales occurred over two days at weighted average prices around $1.90 per share, as disclosed in the Form 4 filing.
Were the ZIP (ZipRecruiter) CEO’s sales made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by Ian H. Siegel. Such plans pre-schedule trades, indicating the sales followed a predetermined program rather than ad hoc market timing.