Form 4: ZipRecruiter CLO Sells Shares Under 10b5-1 Plan
Insider Transaction Report
ZipRecruiter's EVP and Chief Legal Officer, Ryan T. Sakamoto, sold 2,441 shares of Class A Common Stock for a weighted average price of $4.0975 per share under a pre-arranged trading plan.
Summary
- Ryan T. Sakamoto, EVP, Chief Legal Officer of ZipRecruiter, Inc. (ZIP), reported a sale of Class A Common Stock.
- The transaction involved the disposition of 2,441 shares on November 19, 2025.
- The shares were sold at a weighted average price of $4.0975, with individual transactions ranging from $4.04 to $4.16 per share.
- The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Sakamoto on September 11, 2024.
- Following the transaction, Mr. Sakamoto directly beneficially owns 115,815 shares of Class A Common Stock.
- Additionally, 77,700 shares are indirectly beneficially owned through the Sakamoto Living Trust dated January 5, 2015, where Mr. Sakamoto is trustee and beneficiary.
Sentiment
Score: 5
Explanation: The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 plan, which is a neutral event. It does not indicate any new positive or negative developments for the company.
Future Outlook
NA
Industry Context
This Form 4 filing reports a routine insider transaction under a pre-arranged 10b5-1 trading plan, which is common practice for executives to manage personal finances and diversify holdings. It does not provide specific insights into broader industry trends or competitive landscape for ZipRecruiter.
Related Party Transactions
- The filing notes indirect beneficial ownership of 77,700 shares through the Sakamoto Living Trust dated January 5, 2015, where the reporting person is trustee and beneficiary. This is a disclosure of ownership structure rather than a transaction with a related party.
Stakeholder Impact
- The sale of 2,441 shares by the EVP, Chief Legal Officer, under a 10b5-1 plan is a routine event and is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors. It represents a small fraction of the executive's total holdings and the company's outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 01/05/2015 | Date of Sakamoto Living Trust establishment. |
| 09/11/2024 | Date Rule 10b5-1 trading plan was adopted by Ryan T. Sakamoto. |
| 11/19/2025 | Date of the reported transaction (sale of Class A Common Stock). |
| 11/20/2025 | Date the Form 4 was signed and filed. |
Keywords
ZipRecruiter, ZIP, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Ryan Sakamoto, Executive Compensation, Equity Disposition
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