SAKAMOTO RYAN T. 4
Research Summary
AI-generated summary
ZipRecruiter (ZIP) EVP Ryan Sakamoto Sells 2,978 Shares
What Happened Ryan T. Sakamoto, EVP and Chief Legal Officer of ZipRecruiter (ZIP), disposed of 2,978 shares in an open‑market sale on April 24, 2026. The reported weighted average price was $2.91 per share, for total proceeds of approximately $8,665. The sale was executed pursuant to a Rule 10b5‑1 trading plan.
Key Details
- Transaction date: 2026-04-24; Form 4 filed: 2026-04-27 (timely; within SEC two‑business‑day window).
- Transaction type/code: Open market sale (S).
- Shares sold: 2,978; weighted average price: $2.91; total proceeds ≈ $8,665.
- Price range: shares were sold in multiple trades at $2.81–$2.95 per share (report is weighted average; the filer can provide a breakdown on request).
- Holdings: Shares reported as held by the Sakamoto Living Trust (dated 1/5/15), of which Mr. Sakamoto is trustee and beneficiary. The filing provided does not state the total shares owned after this sale.
- Plan note: Sale effected under a 10b5‑1 trading plan adopted December 11, 2025.
Context Sales executed under a 10b5‑1 plan are pre‑arranged and often routine; they do not necessarily reflect the insider’s current view of the company. This was a relatively small, routine sale (≈$8.7k in proceeds). No option exercises, awards, gifts, or derivative transactions were reported in this filing.