Form 4: HSKB Funds II Distributes ZoomInfo Shares to Employees

HSKB Funds II, a 10% owner and director of ZoomInfo Technologies Inc., distributed 13,910 shares of common stock to ZoomInfo employees, reducing its beneficial ownership to 479,306 shares.

Summary

• HSKB Funds II, LLC, a director and 10% owner of ZoomInfo Technologies Inc. (GTM), reported a transaction on July 1, 2025.
• The transaction involved the disposition of 13,910 shares of ZoomInfo Common Stock.
• The shares were distributed at a price of $0 per share, indicating a non-cash distribution rather than a sale.
• Following this transaction, HSKB Funds II, LLC beneficially owns 479,306 shares of ZoomInfo Common Stock.
• The distribution was made to one or more employees of ZoomInfo and its subsidiaries, including shares sold to cover the employees' tax liabilities related to the distribution.

Sentiment

Score: 6

Explanation: The transaction is a routine insider distribution to employees, which is generally viewed as a positive for employee retention and alignment of interests, despite a reduction in the reporting person's stake.

Positives

• The distribution of shares to employees can serve as an incentive and retention mechanism, aligning employee interests with the company's performance.

Negatives

• HSKB Funds II, LLC's beneficial ownership of ZoomInfo Technologies Inc. common stock decreased by 13,910 shares.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• HSKB Funds II, LLC, a 10% owner and director of ZoomInfo Technologies Inc., distributed shares to employees of ZoomInfo and its subsidiaries, indicating a transaction between a significant shareholder/director and the company's workforce.

Stakeholder Impact

• Shareholders: The distribution represents a minor reduction in the beneficial ownership of a significant shareholder, but the overall impact on outstanding shares is likely minimal.
• Employees: Employees receiving shares benefit from increased equity ownership, which can enhance motivation, retention, and alignment with the company's long-term success.

Key Dates

Keywords

ZoomInfo Technologies Inc., GTM, HSKB Funds II, LLC, Form 4, insider transaction, stock distribution, beneficial ownership, employee compensation