Form 4: ZipRecruiter CTO Sells Shares Under 10b5-1 Plan

ZipRecruiter's Chief Technology Officer, Boris F. Shimanovsky, sold 7,330 shares of Class A Common Stock for a weighted average price of $4.3167 per share, executed under a pre-arranged 10b5-1 trading plan.

Summary

• Boris F. Shimanovsky, EVP and Chief Technology Officer of ZipRecruiter, Inc. (ZIP), disposed of 7,330 shares of Class A Common Stock.
• The transaction occurred on August 20, 2025, and was executed at a weighted average price of $4.3167 per share.
• Individual sales prices ranged from $4.19 to $4.42 per share.
• The sale was conducted pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Shimanovsky on December 10, 2024.
• Following this transaction, Mr. Shimanovsky beneficially owns 312,606 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While it's an insider sale, the execution under a pre-arranged 10b5-1 plan mitigates any negative implications, as it suggests a scheduled financial event rather than a reaction to adverse company news.

Positives

• The transaction was executed under a Rule 10b5-1 trading plan, indicating it was a pre-scheduled and automated sale, not based on new material non-public information.

Negatives

• An insider sale, even if pre-planned, can sometimes be perceived negatively by the market, especially if the sale price is at the lower end of recent trading ranges.

Future Outlook

The filing does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This filing reports a routine insider stock transaction by a senior executive. Such transactions are common and typically do not reflect broader industry trends unless they are part of a significant pattern across multiple companies or involve unusually large volumes, which is not the case here.

Stakeholder Impact

• Shareholders may note the insider sale, but the pre-planned nature under a 10b5-1 plan suggests it is a routine personal financial management event rather than a signal of company-specific concerns.

Key Dates

Recommendation

The sale by the EVP, Chief Technology Officer was executed under a pre-arranged Rule 10b5-1 trading plan. This indicates it was a scheduled transaction for personal financial planning rather than a reaction to new material non-public information. A single, pre-planned insider transaction of this size typically does not provide a strong signal to alter an investment recommendation for the stock.

Keywords

ZipRecruiter, ZIP, insider trading, Form 4, stock sale, 10b5-1 plan, Boris Shimanovsky, CTO