Form 4: ZipRecruiter CFO Sells Shares Under 10b5-1 Plan
Insider Transaction Report
ZipRecruiter's EVP and CFO, Timothy G. Yarbrough, sold 3,276 shares of Class A Common Stock for $4.0776 per share under a pre-arranged trading plan.
Summary
- Timothy G. Yarbrough, Executive Vice President and Chief Financial Officer of ZipRecruiter, Inc. (ZIP), reported a sale of company stock.
- The transaction involved the disposition of 3,276 shares of Class A Common Stock on October 6, 2025.
- The shares were sold at a weighted average price of $4.0776 per share, with individual transaction prices ranging from $3.99 to $4.16.
- This sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Yarbrough on September 12, 2024.
- Following this transaction, Mr. Yarbrough beneficially owns 84,286 shares indirectly through the Yarbrough Family Trust and 315,544 shares directly.
Sentiment
Score: 5
Explanation: The sentiment is neutral. While insider selling can sometimes be perceived negatively, the transaction was executed under a pre-arranged 10b5-1 plan, which mitigates concerns about its signaling effect regarding the company's immediate prospects.
Positives
- The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a scheduled, non-discretionary transaction rather than a reaction to immediate company performance or outlook.
Negatives
- The transaction represents a reduction in direct insider ownership by a key executive, which some investors may view as a slight negative signal.
Related Party Transactions
- Shares are held of record by the Yarbrough Family Trust dated March 23, 2017, a living trust, of which the Reporting Person is co-trustee.
Stakeholder Impact
- Shareholders may note a slight reduction in direct insider ownership, though the pre-planned nature of the sale under a 10b5-1 plan suggests it is not a discretionary decision based on new information.
Key Dates
| Date | Description |
|---|---|
| 03/23/2017 | Date of the Yarbrough Family Trust |
| 09/12/2024 | Date the Rule 10b5-1 trading plan was adopted by Timothy G. Yarbrough |
| 10/06/2025 | Date of the reported stock transaction |
| 10/08/2025 | Date the Form 4 was signed by Ryan Sakamoto, Attorney-in-Fact |
Keywords
ZipRecruiter, ZIP, insider trading, Form 4, stock sale, 10b5-1 plan, Timothy Yarbrough, CFO
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