SAKAMOTO RYAN T. 4
Research Summary
AI-generated summary
ZipRecruiter EVP & CLO Ryan T. Sakamoto Sells 3,547 Shares
What Happened
- Ryan T. Sakamoto, Executive Vice President and Chief Legal Officer of ZipRecruiter, sold 3,547 shares in open-market transactions on July 24, 2026. The weighted-average price reported was $3.91 per share, with total proceeds of approximately $13,882. This was a sale (not a purchase), which is often routine and does not necessarily signal a change in insider sentiment.
Key Details
- Transaction date: 2026-07-24; Form filed: 2026-07-27.
- Shares sold: 3,547; weighted-average price: $3.91; price range reported: $3.86 to $4.00 per share.
- Total proceeds: ~$13,882.
- Footnote F1: Sale was executed under a Rule 10b5-1 trading plan adopted by Sakamoto on December 11, 2025.
- Footnote F2: The $3.91 is a weighted average; the filer can provide a breakdown of the number of shares sold at each price in the $3.86–$4.00 range upon request.
- Footnote F3: The shares sold were held by the Sakamoto Living Trust dated 1/5/15; the reporting person is trustee and beneficiary.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Form lists transaction date 7/24 and filing date 7/27; the filing itself does not state a late-filing designation.
Context
- The use of a 10b5-1 plan means these trades were pre-arranged under a written plan, which limits what can be inferred about the insider’s short-term view of the company.
- Sales by officers are common for diversification or personal-liquidity reasons; purchases generally carry more weight for interpreting insider conviction.