ZoomInfo (GTM) Form 4 Reports Employee Distribution and Tax-Withholding Sales
Rhea-AI Filing Summary
HSKB Funds II, LLC, reporting as a director-related holder of ZoomInfo Technologies Inc. (GTM), reported a change in beneficial ownership related to a distribution on 10/01/2025. The report shows a disposition of 10,308 common shares with a reported price of $0, and 334,999 shares beneficially owned following the transaction. The filing explains the disposition reflects a distribution of ZoomInfo common stock to one or more employees and that some shares were sold to cover employees' tax liabilities arising from that distribution. The Form 4 is signed by an attorney-in-fact on behalf of HSKB Funds II, LLC on 10/03/2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HSKB Funds II, LLC
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 10,308 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 334,999 shares (Direct)
Footnotes (1)
- F1. Reflects a distribution of Common Stock of ZoomInfo Technologies Inc. ("ZoomInfo") to one or more employees of ZoomInfo and its subsidiaries, including shares sold to cover such employees' tax liabilities in connection with the distribution of the securities reported herein.
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FAQ
What did the Form 4 filed for GTM on 10/03/2025 report?
It reported a disposition of 10,308 common shares on 10/01/2025 and showed 334,999 shares beneficially owned afterward.
Why is the transaction price listed as $0 on the GTM Form 4?
The filing states the shares were part of a distribution to employees and some were sold to cover those employees' tax liabilities, which is why the transaction is reported at $0.
Who filed the Form 4 for GTM?
The Form 4 was filed by HSKB Funds II, LLC and signed by an attorney-in-fact for Henry Schuck on 10/03/2025.
Does the Form 4 indicate a change in ownership percentage for GTM?
The Form 4 shows the reporting person now beneficially owns 334,999 shares; the filing does not state ownership percentage.
Was the reported transaction an open-market sale?
No. The filing characterizes the movement as a distribution with shares sold to cover employees' taxes, not an open-market sale by the reporting person.