Form 4: ZipRecruiter CEO Sells Shares Under 10b5-1 Plan

ZipRecruiter CEO Ian H. Siegel sold a total of 29,166 Class A Common Stock shares over three days in early February 2026, pursuant to a pre-arranged 10b5-1 trading plan.

Summary

• Ian H. Siegel, Chief Executive Officer, Director, and 10% Owner of ZipRecruiter, Inc. (ZIP), reported sales of Class A Common Stock.
• A total of 29,166 shares were sold in three separate transactions on February 3, 4, and 5, 2026.
• Each transaction involved the sale of 9,722 shares.
• The sales were executed under a Rule 10b5-1 trading plan adopted by Mr. Siegel on September 9, 2024.
• The weighted average sale prices were $2.2451 on February 3, 2026, $2.1079 on February 4, 2026, and $1.9693 on February 5, 2026.
• These shares were held indirectly by the Siegel Family Trust, where Mr. Siegel and Rochelle Siegel serve as co-trustees.
• Following these transactions, Mr. Siegel indirectly beneficially owns 33,618 Class A Common Stock shares through the Siegel Family Trust and directly owns 195,628 Class A Common Stock shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While it represents insider selling by the CEO and a significant owner, the transactions were executed under a pre-arranged 10b5-1 trading plan, which suggests a systematic approach to liquidity rather than a reaction to new, undisclosed negative information.

Negatives

• The Chief Executive Officer and a 10% owner of ZipRecruiter, Inc. sold a significant number of shares, which could be perceived negatively by some investors, despite being pre-planned.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that insider selling, even when conducted under a Rule 10b5-1 plan, is a common occurrence. While pre-planned sales mitigate the immediate negative signal often associated with insider selling, investors typically monitor such transactions for insights into management's long-term view of the company's valuation and prospects, especially when the sales occur at declining price points.

Related Party Transactions

• The shares sold were held indirectly by the Siegel Family Trust, of which the Reporting Person, Ian H. Siegel, and Rochelle Siegel are co-trustees. This constitutes a transaction involving a related party.

Stakeholder Impact

• Shareholders may interpret the insider selling as a signal, though the existence of a 10b5-1 plan typically lessens concerns about immediate negative implications.

Key Dates

Keywords

ZipRecruiter, ZIP, Insider Selling, Form 4, Ian H. Siegel, 10b5-1 Plan, CEO, Stock Sale, Beneficial Ownership