Form 4: ZipRecruiter CFO Schedules Future Stock Sale Under 10b5-1 Plan

ZipRecruiter's EVP and CFO, Timothy G. Yarbrough, has scheduled the sale of 6,069 shares of Class A Common Stock for November 5, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Timothy G. Yarbrough, Executive Vice President and Chief Financial Officer of ZipRecruiter, Inc., reported a planned sale of Class A Common Stock.
• The transaction involves the disposition of 6,069 shares of Class A Common Stock.
• The shares are scheduled to be sold on November 5, 2025, at a weighted average price of $4.0549 per share.
• The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Yarbrough on September 12, 2024.
• The reported price range for the sales is between $3.99 and $4.10 per share.
• Following this transaction, Mr. Yarbrough will beneficially own 393,761 shares of Class A Common Stock (315,544 directly and 78,217 indirectly).

Sentiment

Score: 5

Explanation: The transaction is a routine, pre-planned sale under a 10b5-1 plan, which is generally considered neutral as it's for personal financial management rather than a signal of company performance or outlook.

Positives

• The transaction was executed under a Rule 10b5-1 trading plan, demonstrating adherence to insider trading regulations and pre-planned personal financial management.

Negatives

• The sale of shares by a Chief Financial Officer, even under a pre-arranged plan, could be perceived by some investors as a signal of reduced confidence, although the transaction value is relatively small.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• 78,217 shares are held indirectly of record by the Yarbrough Family Trust dated March 23, 2017, a living trust, of which the Reporting Person is co-trustee.

Key Dates

Recommendation

The reported transaction is a routine sale of shares by the CFO under a pre-arranged Rule 10b5-1 trading plan. Such sales are typically for personal financial planning and do not necessarily reflect a change in the company's fundamental outlook or the insider's confidence. Therefore, it does not provide a strong signal to alter an existing investment position.

Keywords

ZipRecruiter, ZIP, Form 4, Insider Trading, Stock Sale, Timothy G. Yarbrough, CFO, 10b5-1 Plan, Equity Transaction