ZoomInfo Technologies Inc. (NASDAQ: GTM) GC trades shares as 5,987 RSUs vest
Rhea-AI Filing Summary
ZoomInfo Technologies Inc. General Counsel Ashley McGrane reported the vesting and settlement of 5,987 restricted stock units into common stock on August 1, 2026, with 1,997 shares withheld at $3.3000 to cover taxes, leaving 53,880 RSUs outstanding. On August 4, 2026, McGrane sold 997 shares at a weighted average of $3.5636 (range $3.560–$3.575) in open‑market transactions effected under a Rule 10b5-1 trading plan.
Positive
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Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
McGrane Ashley
Role
General Counsel and Corp Sec
Sold
997 shs ($4K)
Approx. gross sale proceeds
$4K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3, F4 | 997 | $3.5636 | $4K |
| Exercise | Restricted Stock Units F1, F5 | 5,987 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 5,987 | -- | -- |
| Tax Withholding | Common Stock F2 | 1,997 | $3.30 | $7K |
Holdings After Transaction:
Restricted Stock Units — 53,880 shares (Direct);
Common Stock — 123,334 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F2. Reflects shares withheld to cover the Reporting Person's tax liability in connection with the vesting of the restricted stock units reported herein.
- F3. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $3.560 to $3.575, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F5. The Reporting Person received an original grant of restricted stock units on October 22, 2024, which vest as follows: (a) 25% on November 1, 2025; and (b) the remainder of the award in equal quarterly installments during the 36 months following November 1, 2025.
Key Figures
Common shares sold: 997 shares
Sale weighted average price: $3.5636 per share
RSUs converted to Common Stock: 5,987 units
+2 more
5 metrics
Common shares sold
997 shares
Open‑market sale of Common Stock on August 4, 2026 under a Rule 10b5-1 trading plan
Sale weighted average price
$3.5636 per share
Weighted average price for 997-share Common Stock sale; individual trades ranged from $3.560 to $3.575
RSUs converted to Common Stock
5,987 units
Restricted Stock Units converted into Common Stock on August 1, 2026
Shares withheld for taxes
1,997 shares
Common Stock withheld at $3.3000 per share to cover tax liability on August 1, 2026
RSUs remaining after vesting
53,880 units
Restricted Stock Units position following the August 1, 2026 conversion event
Key Terms
Restricted Stock Units, Rule 10b5-1 trading plan, weighted average price, tax liability
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Common Stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 10b5-1 trading plan regulatory
"The transaction was effected pursuant to a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported is a weighted average price for multiple transactions."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax liability financial
"Shares were withheld to cover the reporting person's tax liability on vesting."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did ZoomInfo Technologies Inc. (GTM) report for Ashley McGrane?
Ashley McGrane reported 5,987 RSUs vesting into common stock on August 1, 2026, with 1,997 shares withheld for taxes, and an open‑market sale of 997 shares on August 4, 2026 at a weighted average price of $3.5636 per share under a Rule 10b5-1 plan.
What restricted stock unit activity did ZoomInfo (GTM) disclose for Ashley McGrane?
ZoomInfo disclosed that 5,987 restricted stock units for Ashley McGrane converted into common stock on August 1, 2026. After this vesting event, McGrane held 53,880 RSUs, and 1,997 shares of the newly issued stock were withheld to satisfy tax obligations.
Was Ashley McGrane’s ZoomInfo (GTM) stock sale under a Rule 10b5-1 plan?
Yes. The filing states that the 997-share sale on August 4, 2026 was effected pursuant to a Rule 10b5-1 trading plan. Such plans pre-arrange trades, which can reduce the significance of transaction timing as an indicator of the insider’s views.
What is the vesting schedule of Ashley McGrane’s RSU grant at ZoomInfo (GTM)?
Ashley McGrane received an RSU grant on October 22, 2024. The award vests 25% on November 1, 2025, with the remaining units vesting in equal quarterly installments during the 36 months following that date, subject to continued service conditions.