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

ZipRecruiter's EVP and CTO, Boris F. Shimanovsky, sold 4,088 shares of Class A Common Stock for a weighted average price of $5.1042 per share under a pre-arranged trading plan.

Summary

• Boris F. Shimanovsky, Executive Vice President and Chief Technology Officer of ZipRecruiter, Inc., reported the sale of 4,088 shares of Class A Common Stock.
• The transaction occurred on September 22, 2025, at a weighted average price of $5.1042 per share.
• The shares were sold in multiple transactions with prices ranging from $5.01 to $5.22 per share.
• This sale was executed pursuant to a Rule 10b5-1 trading plan, which Mr. Shimanovsky adopted on December 10, 2024.
• Following this transaction, Mr. Shimanovsky directly beneficially owns 337,980 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, pre-scheduled insider sale under a Rule 10b5-1 trading plan, indicating no immediate positive or negative sentiment beyond standard executive liquidity management.

Future Outlook

No forward-looking statements or guidance are provided in this routine insider transaction report.

Industry Context

This is a routine insider transaction report and does not provide information relevant to broader industry trends or competitors.

Related Party Transactions

• Sale of 4,088 shares of Class A Common Stock by Boris F. Shimanovsky, an executive officer, to the open market, executed under a Rule 10b5-1 trading plan.

Stakeholder Impact

• The impact on shareholders, employees, customers, suppliers, and creditors is minimal, as this is a routine, pre-scheduled insider transaction for liquidity management.

Key Dates

Recommendation

The reported transaction is a routine insider sale executed under a pre-arranged Rule 10b5-1 trading plan. Such sales are typically for personal financial planning and diversification, rather than a reflection of management's immediate outlook on the company's prospects. The relatively small volume of shares sold, combined with the pre-scheduled nature, suggests no new material information that would warrant a change in investment recommendation based solely on this filing.

Keywords

ZipRecruiter, insider trading, Form 4, stock sale, executive, CTO, equity, 10b5-1 plan