ZoomInfo (GTM) CEO Schuck exercises RSUs, updates direct and indirect holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ZoomInfo Technologies Inc. Chief Executive Officer Henry Schuck reported routine equity compensation activity involving restricted stock units and related share withholding for taxes. He exercised 13,787 restricted stock units into common shares, with 4,598 shares withheld at $2.93 per share to cover his tax liability.
Following these transactions, Schuck held 11,394,050 shares of common stock directly. He also had indirect interests in 5,803,333 shares through DO Holdings (WA), LLC and 237,376 shares held by a trust, reflecting his proportionate pecuniary interests. After this vesting, 96,508 restricted stock units remained outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,787 shares exercised/converted
Mixed
5 txns
Insider
Schuck Henry
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,787 | $0.00 | -- |
| Exercise | Common Stock | 13,787 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,598 | $2.93 | $13K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 96,508 shares (Direct, null);
Common Stock — 11,394,048 shares (Direct, null);
Common Stock — 237,376 shares (Indirect, By Trust)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. Reflects shares withheld to cover the Reporting Person's tax liability in connection with the vesting of the restricted stock units reported herein. Reflects the Reporting Person's proportionate pecuniary interest in the securities held directly by DO Holdings (WA), LLC. The Reporting Person received an original grant of restricted stock units on May 29, 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.
Key Figures
RSUs exercised: 13,787 units
Shares withheld for taxes: 4,598 shares at $2.93/share
Direct common shares after transaction: 11,394,050 shares
+3 more
6 metrics
RSUs exercised
13,787 units
Restricted stock units converted to common stock on July 1, 2026
Shares withheld for taxes
4,598 shares at $2.93/share
Tax liability coverage upon RSU vesting
Direct common shares after transaction
11,394,050 shares
Direct ownership following RSU vesting and withholding
Indirect shares via DO Holdings (WA), LLC
5,803,333 shares
Proportionate pecuniary interest held indirectly
Indirect shares by trust
237,376 shares
Indirect ownership through trust holdings
Remaining restricted stock units
96,508 units
RSUs outstanding after reported vesting
Key Terms
Restricted Stock Units, tax liability, pecuniary interest, derivative exercise/conversion, +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.
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."
pecuniary interest financial
"Reflects the Reporting Person's proportionate pecuniary interest in the securities held directly by DO Holdings (WA), LLC."
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion for the RSU transaction."
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for the F-code common stock entry."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did ZoomInfo (GTM) CEO Henry Schuck report in this Form 4?
Henry Schuck reported equity compensation activity involving restricted stock units and related tax withholding. He converted RSUs into common stock and had shares withheld to cover tax obligations, while disclosing his resulting direct and indirect ownership positions in ZoomInfo common stock.
What indirect ZoomInfo (GTM) holdings does Henry Schuck report?
Schuck reports indirect interests in 5,803,333 shares held by DO Holdings (WA), LLC and 237,376 shares held by a trust. The filing notes these amounts reflect his proportionate pecuniary interests in those entities’ ZoomInfo common stock holdings.
How many restricted stock units does Henry Schuck still hold at ZoomInfo (GTM)?
Following this vesting event, Schuck held 96,508 restricted stock units. These RSUs represent additional contingent rights to receive ZoomInfo common stock under the vesting schedule originally granted on May 29, 2024, subject to ongoing service-based vesting terms.
Were Henry Schuck’s ZoomInfo (GTM) transactions open-market stock sales?
No, the Form 4 shows no open-market sales. It reports RSU vesting and a code F transaction where shares were withheld to satisfy tax liabilities, which is distinct from discretionary sales of shares in the public market.