Form 4: HSKB Funds II Distributes ZoomInfo Shares to Employees

HSKB Funds II, a 10% owner of ZoomInfo Technologies Inc., distributed 10,365 shares of common stock to employees.

Summary

• HSKB Funds II, LLC, a 10% owner of ZoomInfo Technologies Inc. (GTM), reported a change in beneficial ownership.
• On September 1, 2025, HSKB Funds II disposed of 10,365 shares of ZoomInfo Common Stock.
• The transaction was a distribution (Transaction Code J) with a price of $0 per share.
• This distribution was made to one or more employees of ZoomInfo and its subsidiaries, including shares sold to cover tax liabilities related to the distribution.
• Following this transaction, HSKB Funds II, LLC beneficially owns 345,307 shares of ZoomInfo Common Stock.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction reporting a distribution of shares to employees, which is a common practice and does not inherently indicate positive or negative sentiment about the company's performance or outlook.

Positives

• The distribution of shares to employees can align employee incentives with the company's long-term performance and success.

Negatives

• A reduction in ownership by a significant shareholder, even if for employee distribution, represents a slight decrease in direct institutional holding.

Future Outlook

No explicit future outlook or guidance is provided in this Form 4, as it primarily reports a past or planned insider transaction.

Industry Context

This filing is an insider transaction report, which is a routine disclosure for publicly traded companies. Distributions of shares to employees are a common practice for compensation or incentive programs across various industries, aiming to align employee interests with shareholder value.

Comparison to Industry Standards

• Distributions of equity to employees are a standard practice in the technology sector and broader corporate landscape for compensation and retention, comparable to programs seen at companies like Microsoft, Google, or Salesforce, which frequently use stock-based compensation.

Corporate Governance

Related Party Transactions

• The distribution of shares by HSKB Funds II, a 10% owner, to employees of ZoomInfo and its subsidiaries can be considered a related party transaction in the context of employee compensation.

Stakeholder Impact

• Shareholders: Minor dilution from the distributed shares, but the overall impact is likely negligible given the small number relative to total outstanding shares.
• Employees: Positive impact for recipient employees through equity compensation, fostering alignment with company success and potentially improving retention.

Key Dates

Recommendation

This Form 4 reports a routine insider transaction involving the distribution of shares to employees by a 10% owner. Such a transaction, while a change in beneficial ownership, does not typically signal a fundamental shift in the company's prospects or valuation that would warrant a strong buy or sell recommendation. It's a standard compensation mechanism and does not provide new material information for a significant re-evaluation of the stock.

Keywords

ZoomInfo Technologies, GTM, HSKB Funds II, SEC Form 4, Beneficial Ownership, Share Distribution, Employee Compensation, Insider Transaction