ZipRecruiter (ZIP) CEO trust executes planned 10b5-1 stock sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ZipRecruiter, Inc. insider Ian H. Siegel, its Chief Executive Officer, reported planned sales of Class A common stock executed under a Rule 10b5-1 trading plan adopted on September 9, 2024. The shares were held by the Siegel Family Trust, for which he and Rochelle Siegel serve as co‑trustees.
The trust reported selling 9,722 Class A shares on February 3, 2026 at a weighted average price of $2.2451, 9,722 shares on February 4, 2026 at $2.1079, and 9,722 shares on February 5, 2026 at $1.9693, through multiple trades within stated price ranges. Following these transactions, the trust reported indirect beneficial ownership of 33,618 Class A shares, while Siegel also reported direct ownership of 195,628 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 29,166 shares ($61,465)
Net Sell
4 txns
Insider
SIEGEL IAN H.
Role
CHIEF EXECUTIVE OFFICER
Sold
29,166 shs ($61K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,722 | $1.9693 | $19K |
| Sale | Class A Common Stock | 9,722 | $2.1079 | $20K |
| Sale | Class A Common Stock | 9,722 | $2.2451 | $22K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 33,618 shares (Indirect, See footnote);
Class A Common Stock — 195,628 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 September 9, 2024. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.175 to $2.31 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. Represents shares held by the Siegel Family Trust, of which the Reporting Person and Rochelle Siegel are co-trustees. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.055 to $2.24 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 $1.91 to $2.055 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.
FAQ
What insider transaction did ZIP (ZipRecruiter) report in this Form 4?
ZipRecruiter reported that an entity associated with CEO Ian H. Siegel sold Class A common stock. The Siegel Family Trust executed three sales of 9,722 shares each on February 3, 4, and 5, 2026 at disclosed weighted average prices.
Were the ZIP insider stock sales under a Rule 10b5-1 trading plan?
Yes. The filing explains all reported transactions were executed under a Rule 10b5-1 trading plan adopted by the reporting person on September 9, 2024, indicating the sales followed a pre‑arranged schedule rather than discretionary market timing.
What do the weighted average price disclosures in the ZIP Form 4 mean?
Weighted average prices indicate shares were sold through multiple trades within daily price ranges. The filing notes Siegel will provide full details of individual trade prices and amounts to the company, any security holder, or SEC staff upon request.