Form 4: ZipRecruiter CFO Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Timothy Yarbrough, CFO of ZipRecruiter, sold 5,887 shares of Class A Common Stock at an average price of $5.6433, according to a Form 4 filing with the SEC.
Summary
- On March 5, 2025, Timothy G. Yarbrough, the EVP and Chief Financial Officer of ZipRecruiter, Inc. sold 5,887 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $5.6433 per share, with individual transactions ranging from $5.53 to $5.79.
- The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on September 12, 2024.
- Following the transaction, Yarbrough directly owns 250,217 shares of Class A Common Stock and indirectly owns 117,071 shares through the Yarbrough Family Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock sales by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects. The use of a 10b5-1 plan suggests the sales were pre-planned.
Key Dates
| Date | Description |
|---|---|
| 2017-03-23 | Date of the Yarbrough Family Trust |
| 2024-09-12 | Date the Reporting Person adopted a Rule 10b5-1 trading plan |
| 2025-02-14 | Reporting Person acquired shares of Class A Common Stock pursuant to the Issuer's employee stock purchase plan |
| 2025-03-05 | Date of the stock sale transaction |
| 2025-03-07 | Date of the signature on the Form 4 filing |
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