Form 4: ZipRecruiter EVP Ryan Sakamoto Reports Sale of Class A Common Stock

Sentiment:

SEC Form 4 Filing


Ryan T. Sakamoto, EVP and Chief Legal Officer of ZipRecruiter, Inc., reported the sale of 1,489 shares of Class A Common Stock at an average price of $8.5335.

Summary

  • On July 19, 2024, Ryan T. Sakamoto, the EVP and Chief Legal Officer of ZipRecruiter, Inc., sold 1,489 shares of Class A Common Stock.
  • The sale was executed at a weighted average price of $8.5335, with individual sale prices ranging from $8.46 to $8.64.
  • The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on August 23, 2023.
  • Following the transaction, Sakamoto directly owns 100,988 shares of Class A Common Stock and indirectly owns 77,700 shares through the Sakamoto Living Trust dated 1/5/15.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider trading activities.

Stakeholder Impact

  • The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial condition.

Key Dates

DateDescription
1/5/15Date of the Sakamoto Living Trust
08/23/2023Date of adoption of Rule 10b5-1 trading plan
07/19/2024Date of stock sale transaction
07/23/2024Date of Form 4 filing

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