ZoomInfo counsel sells shares after RSU vesting
ZoomInfo Technologies Inc. General Counsel and Corporate Secretary Ashley McGrane reported several equity compensation transactions.
Rhea-AI Filing Summary
ZoomInfo Technologies Inc. General Counsel and Corporate Secretary Ashley McGrane reported several equity compensation transactions. On April 1, 2026, multiple tranches of restricted stock units were exercised at $0.00 per unit, converting into an aggregate of tens of thousands of common shares as part of previously granted awards.
On the same date, 11,571 shares of common stock were withheld at $5.98 per share to cover McGrane’s tax liability on these vestings. On April 2, 2026, McGrane then executed an open-market sale of 6,959 shares of common stock at a weighted average price of $5.8737 per share, pursuant to a pre-arranged Rule 10b5-1 trading plan, and held 76,872 common shares directly after the sale.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
12 txns
Insider
McGrane Ashley
Role
General Counsel and Corp Sec
Sold
6,959 shs ($41K)
Approx. gross sale proceeds
$41K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,959 | $5.8737 | $41K |
| Exercise | Restricted Stock Units | 782 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 611 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 552 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,468 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 33,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 782 | $0.00 | $0.00 |
| Exercise | Common Stock | 611 | $0.00 | $0.00 |
| Exercise | Common Stock | 552 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,468 | $0.00 | $0.00 |
| Exercise | Common Stock | 33,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 11,571 | $5.98 | $69K |
Holdings After Transaction:
Restricted Stock Units — 113,947 contracts (Direct);
Common Stock — 76,872 shares (Direct)
Footnotes (9)
- 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 $5.79 to $6.09, 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 March 23, 2023, which vest in equal quarterly installments during the 27 months following January 1, 2025.
- F6. The Reporting Person received an original grant of restricted stock units on October 25, 2023, which vest in equal quarterly installments during the 33 months following January 1, 2025.
- F7. The Reporting Person received an original grant of restricted stock units on March 26, 2024, which vest as follows: (a) 25% on April 1, 2025; and (b) the remainder of the award in equal quarterly installments during the 36 months following April 1, 2025.
- F8. The Reporting Person received an original grant of restricted stock units on July 24, 2024, which vest as follows: (a) 25% on April 1, 2025; and (b) the remainder of the award in equal quarterly installments during the 36 months following April 1, 2025.
- F9. The Reporting Person received an original grant of restricted stock units on May 30, 2025, which vests as follows: (a) 33% on April 1, 2026; and (b) the remainder of the award in equal quarterly installments during the 24 months following April 1, 2026.
Key Figures
Open-market sale: 6,959 shares
Sale price: $5.8737 per share
Post-transaction holdings: 76,872 shares
+3 more
6 metrics
Open-market sale
6,959 shares
Common Stock sold on April 2, 2026
Sale price
$5.8737 per share
Weighted average price for 6,959 shares
Post-transaction holdings
76,872 shares
Common Stock directly owned after sale
Tax withholding shares
11,571 shares
Common Stock withheld at $5.98 for tax liability
RSU exercises
39,413 shares
Total derivative shares exercised in this filing
Tax withholding price
$5.98 per share
Value used for shares withheld for taxes
Key Terms
Restricted Stock Units, Rule 10b5-1 trading plan, tax liability, weighted average price, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's 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 reported in this Form 4 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.
tax liability financial
"Reflects shares withheld to cover the Reporting Person's tax liability in connection with the vesting of the restricted stock units reported herein."
weighted average price financial
"The price reported in Column 4 is a weighted average price."
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What did ZoomInfo (GTM) executive Ashley McGrane do in this Form 4 filing?
Ashley McGrane exercised previously granted restricted stock units into common shares, had some shares withheld to cover taxes, and then sold 6,959 common shares in the open market under a Rule 10b5-1 trading plan, leaving 76,872 common shares directly owned.
Were the ZoomInfo (GTM) insider sales made under a Rule 10b5-1 trading plan?
Yes. The filing states that the transaction was effected pursuant to a Rule 10b5-1 trading plan. Such plans are pre-arranged trading programs that allow insiders to sell shares on a predetermined schedule, reducing the significance of short-term timing decisions for investors.
What type of equity awards did ZoomInfo (GTM) grant to Ashley McGrane that vested here?
The transactions involve restricted stock units, each representing a right to receive one ZoomInfo common share. Footnotes describe original RSU grants made in 2023–2025, with vesting occurring in quarterly installments starting in 2025 or 2026, which led to the share conversions reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
