Form 4: ZipRecruiter Executive Ryan Sakamoto Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Ryan Sakamoto, EVP and Chief Legal Officer of ZipRecruiter, sold 2,646 shares of Class A Common Stock at an average price of $5.4429, according to a Form 4 filing with the SEC.
Summary
- Ryan Sakamoto, the EVP and Chief Legal Officer of ZipRecruiter, sold 2,646 shares of Class A Common Stock on April 21, 2025.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 11, 2024.
- The shares were sold at prices ranging from $5.34 to $5.54 per share, with a weighted average price of $5.4429.
- Following the transaction, Sakamoto directly owns 114,859 shares of Class A Common Stock.
- Additionally, 77,700 shares are held indirectly through the Sakamoto Living Trust dated 1/5/15, of which Sakamoto is trustee and beneficiary.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider stock sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity. It's common for executives to sell shares under pre-arranged trading plans to avoid accusations of trading on inside information.
Key Dates
| Date | Description |
|---|---|
| 1/5/15 | Date of Sakamoto Living Trust |
| 09/11/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 04/21/2025 | Date of stock sale |
| 04/23/2025 | Date of signature on Form 4 |
Keywords
Form 4, ZipRecruiter, Ryan Sakamoto, stock sale, Rule 10b5-1, Class A Common Stock, insider trading
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