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ZipRecruiter CTO Boris Shimanovsky Sells 4088 Shares at $5.1/Share.
ByAinvest
Tuesday, Sep 23, 2025 7:23 am ET1min read
Ziprecruiter Inc. (ZIP) announced that EVP, Chief Technology Officer Boris F. Shimnovsky has disposed of 4088 shares at a price of $5.1 per share on September 22, 2025.
ZipRecruiter Inc. (NASDAQ:ZIP) announced that Executive Vice President and Chief Technology Officer Boris F. Shimnovsky has disposed of 4088 shares of the company's Class A Common Stock on September 22, 2025. The shares were sold at a price of $5.1 per share, resulting in a total sale value of $20,808 [1].The transaction follows a Rule 10b5-1 trading plan adopted by Shimnovsky, which allows for the pre-determined sale of shares at specified intervals. The sale occurred under this plan, indicating a pre-arranged strategy to manage Shimnovsky's position in the company.
ZipRecruiter Inc. reported its second-quarter 2025 earnings on September 18, 2025, revealing a revenue of $112.2 million, which slightly exceeded the forecast of $111.74 million. Despite the revenue beat, the company's stock experienced a notable decline. Goldman Sachs and JPMorgan have both lowered their price targets for ZipRecruiter to $5 from the previous $7, maintaining a Neutral rating on the stock [1].
In other recent news, ZipRecruiter launched Breakroom, a workplace rating platform aimed at providing job seekers with insights into workplace conditions in frontline industries. The platform includes over one million employee ratings, offering details about pay, schedules, team culture, and working conditions. These developments highlight ZipRecruiter’s ongoing efforts and challenges in the current economic environment.
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