ZoomInfo Technologies Inc. (GTM) reports employee share distribution by major holder
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HSKB Funds II, LLC, a 10% owner of ZoomInfo Technologies Inc., reported an "other" transaction involving 4,885 shares of Common Stock classified as a restructuring event. The footnote explains this reflects a distribution of ZoomInfo shares to one or more employees, with some shares sold to cover those employees' tax liabilities. After the transaction, HSKB Funds II, LLC directly holds 250,878 shares of ZoomInfo Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HSKB Funds II, LLC
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 4,885 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 250,878 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restructuring shares: 4,885 shares
Post-transaction holdings: 250,878 shares
Transaction price per share: $0.0000 per share
+1 more
4 metrics
Restructuring shares
4,885 shares
Shares involved in "other" restructuring transaction
Post-transaction holdings
250,878 shares
HSKB Funds II, LLC Common Stock after transaction
Transaction price per share
$0.0000 per share
Reported transaction price for Common Stock
Restructuring share count
4,885 shares
Classified as restructuring in transaction summary
Key Terms
Other acquisition or disposition, restructuring, Common Stock, tax liabilities
4 terms
Other acquisition or disposition financial
"transaction code description "Other acquisition or disposition" for the Common Stock entry"
restructuring financial
"transactionSummary lists this as a restructuring event with 4,885 shares"
Restructuring is a deliberate rearrangement of a company’s operations, finances, or ownership—like reorganizing a cluttered house to run more efficiently—often involving cost cuts, asset sales, debt changes, or staff moves. Investors pay attention because restructuring can improve profitability and free up cash, but it can also signal distress, incur one-time costs, or dilute shareholder value; its success affects future earnings and stock performance.
Common Stock financial
"security title identified as Common Stock of ZoomInfo Technologies Inc."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
tax liabilities financial
"footnote notes shares sold to cover employees' tax liabilities related to the distribution"
FAQ
What insider transaction did HSKB Funds II, LLC report for ZoomInfo (GTM)?
HSKB Funds II, LLC reported an "other" restructuring transaction involving 4,885 shares of ZoomInfo Common Stock. The event reflects a distribution of shares to certain employees, rather than a typical open-market buy or sell transaction by the reporting holder.
Was the HSKB Funds II, LLC ZoomInfo (GTM) transaction a buy or sell?
The transaction was coded as "J" on Form 4, described as an "Other acquisition or disposition." It is treated as a restructuring event, reflecting a distribution of shares to employees, rather than a straightforward open-market purchase or sale by HSKB Funds II, LLC.