4/A: ZipRecruiter EVP Timothy Yarbrough Corrects Previous SEC Filing Regarding Stock Sale
SEC Filing (Form 4/A)
Timothy Yarbrough, EVP & CFO of ZipRecruiter, files an amended SEC Form 4 to correct the number of Class A Common Stock shares sold on March 20, 2024.
Summary
- Timothy Yarbrough, the EVP & CFO of ZipRecruiter, filed an amendment to a previous SEC Form 4 filing.
- The amendment corrects the number of Class A Common Stock shares sold on March 20, 2024, which was initially overstated by 50 shares.
- The corrected filing indicates that 6,205 shares were sold at a weighted average price of $11.7224.
- The sales were executed under a Rule 10b5-1 trading plan adopted on September 12, 2023.
- Following the transaction, Yarbrough directly owns 193,606 shares and indirectly owns 186,745 shares through the Yarbrough Family Trust.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it's a correction of a previous filing. It doesn't indicate positive or negative performance, just an adjustment for accuracy.
Industry Context
This filing is a routine disclosure related to insider trading activity and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The correction ensures accurate information is available to shareholders and the SEC.
Key Dates
| Date | Description |
|---|---|
| 03/23/2017 | Date of the Yarbrough Family Trust |
| 09/12/2023 | Date the Reporting Person adopted a Rule 10b5-1 trading plan |
| 03/20/2024 | Date of the stock sale transaction |
| 03/21/2024 | Date of original Form 4 filing |
| 04/22/2024 | Date of Form 4 filing with understated shares |
| 05/09/2024 | Date of the amended Form 4/A filing |
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