Form 4: ZipRecruiter CFO Timothy Yarbrough Sells Shares Under 10b5-1 Trading Plan

Timothy Yarbrough, EVP and CFO of ZipRecruiter, sold 4,414 shares of Class A Common Stock at an average price of $7.8965 under a pre-arranged 10b5-1 trading plan.

Summary

• On February 5, 2025, Timothy Yarbrough, the EVP and Chief Financial Officer of ZipRecruiter, sold 4,414 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $7.8965 per share.
• The prices for individual transactions ranged from $7.56 to $8.05.
• The transactions were conducted under a Rule 10b5-1 trading plan adopted on September 12, 2024.
• Following the transaction, Yarbrough directly owns 248,680 shares and indirectly owns 122,958 shares through the Yarbrough Family Trust dated March 23, 2017.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of stock sales under a pre-arranged trading plan. It doesn't inherently indicate positive or negative news about the company.

Industry Context

This filing is a routine disclosure of insider trading activity. It's common for executives to use 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply.

Key Dates

Keywords

ZipRecruiter, Timothy Yarbrough, CFO, stock sale, Form 4, 10b5-1 trading plan, Class A Common Stock, insider trading