Form 4: ZipRecruiter CFO Sells Shares Under Pre-Arranged Trading Plan
Insider Transaction Report
ZipRecruiter's Chief Financial Officer, Timothy G. Yarbrough, sold 3,276 shares of Class A Common Stock for approximately $5.26 per share, as part of a pre-scheduled Rule 10b5-1 trading plan.
Summary
- Timothy G. Yarbrough, EVP, Chief Financial Officer of ZipRecruiter, Inc. (ZIP), reported a sale of Class A Common Stock.
- On July 7, 2025, Yarbrough disposed of 3,276 shares of Class A Common Stock.
- The shares were sold at a weighted average price of $5.2649 per share, with individual transaction prices ranging from $5.165 to $5.39.
- The transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by Yarbrough on September 12, 2024.
- Following the reported transaction, Yarbrough directly beneficially owns 293,506 shares of Class A Common Stock.
- Additionally, 99,434 shares are indirectly beneficially owned through the Yarbrough Family Trust dated March 23, 2017, where Yarbrough serves as co-trustee.
Sentiment
Score: 5
Explanation: Neutral. A Form 4 reports a routine insider transaction, which is neither inherently positive nor negative, especially when conducted under a Rule 10b5-1 plan.
Positives
- The transaction was conducted under a Rule 10b5-1 trading plan, indicating a pre-scheduled sale rather than a discretionary one based on immediate market views, which enhances transparency.
Negatives
- An insider sale of 3,276 shares by the Chief Financial Officer.
Industry Context
This Form 4 filing reports a routine insider transaction and does not provide broader industry context or trends.
Related Party Transactions
- 99,434 shares of Class A Common Stock are indirectly held by the Yarbrough Family Trust dated March 23, 2017, of which the Reporting Person, Timothy G. Yarbrough, is a co-trustee.
Stakeholder Impact
- Shareholders: The sale of shares by a CFO, even under a 10b5-1 plan, could be interpreted by some as a slight negative signal, though its impact is generally minimal for routine, pre-scheduled sales.
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. |
| 07/07/2025 | Date of the reported transaction (sale of Class A Common Stock). |
| 07/09/2025 | Date the Form 4 was signed by the Attorney-in-Fact for Timothy G. Yarbrough. |
Keywords
ZipRecruiter, ZIP, Form 4, insider trading, stock sale, Timothy G. Yarbrough, CFO, Rule 10b5-1, Class A Common Stock, beneficial ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.