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Form 4: Distribution and Tax-Related Sale of ZoomInfo (GTM) Shares

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HSKB Funds II, LLC reported on Form 4 that it disposed of 10,365 shares of ZoomInfo Technologies Inc. common stock on 09/01/2025 under transaction code J(1), with a reported price of $0. After the disposition the reporting person beneficially owned 345,307 shares. The filing states the disposition reflects a distribution of ZoomInfo shares to employees, with some shares sold to cover related tax liabilities. The Form 4 was signed by Meredith Weisshaar as attorney-in-fact for Henry Schuck on 09/03/2025.

Positive

  • Disclosure provided with explanation that the disposition was a distribution to employees and included shares sold to cover tax liabilities
  • Beneficial ownership remains substantial at 345,307 shares after the reported disposition
  • Form 4 properly executed and filed with a signature attesting to the transaction

Negative

  • Disposition of 10,365 shares reduces the reporting person's stake, though the filing attributes the move to employee distributions
  • Price reported as $0 for the transaction entry provides no proceeds detail within this filing

Insights

TL;DR: A director-affiliated entity distributed and sold a small block of ZoomInfo shares to satisfy employee distributions and tax-withholding requirements.

The filing indicates a non-market-sale disposition under code J(1), typically reflecting a distribution-related transfer rather than an open-market sale. The reported price of $0 suggests shares were transferred as part of a distribution and some were subsequently sold to cover taxes; the form does not report proceeds here. Beneficial ownership after the transaction remains material at 345,307 shares, indicating ongoing significant exposure. No derivative transactions or change in control are reported, and the disclosure includes an explanation of the distribution and tax-withholding mechanism.

TL;DR: This is a routine Section 16 disclosure tied to employee share distributions and withholding, not a signal of strategic change.

The relationship checkboxes indicate the reporting entity is tied to an insider role (Director and 10% owner checked). The explanation clarifies the movement stems from a corporate distribution to employees and tax-withholding sales rather than a voluntary insider cash-raising event. The document is properly signed and dated, satisfying disclosure formality requirements. There is no indication of other corporate governance actions or material corporate events in this filing.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
HSKB Funds II, LLC

(Last) (First) (Middle)
C/O ZOOMINFO TECHNOLOGIES INC.
330 W COLUMBIA WAY, FLOOR 8

(Street)
VANCOUVER WA 98660

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ZoomInfo Technologies Inc. [ GTM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/01/2025 J(1) 10,365 D $0 345,307 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
HSKB FUNDS II, LLC By: HLS Management, LLC, its manager By: /s/ Meredith Weisshaar, Attorney-in-Fact for Henry Schuck, Member 09/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 4 filed for ZoomInfo Technologies Inc (GTM) report?

The Form 4 reports that HSKB Funds II, LLC disposed of 10,365 shares on 09/01/2025, and beneficially owned 345,307 shares afterward.

Why were the 10,365 shares disposed according to the filing?

The filing states the disposal "reflects a distribution of Common Stock to one or more employees," and some shares were sold to cover employees' tax liabilities related to the distribution.

Who signed the Form 4 for HSKB Funds II, LLC?

The Form 4 was signed by Meredith Weisshaar, Attorney-in-Fact for Henry Schuck on 09/03/2025.

Does the filing show any option or derivative transactions?

No. Table II for derivative securities contains no reported transactions in this filing.

What transaction code was used and what does it indicate?

Transaction code J(1) was used; the filing's explanation ties the activity to a distribution to employees and related tax-withholding sales.
Zoominfo Technologies Inc.

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