Form 4: HSKB Funds II Distributes ZoomInfo Shares to Employees
Insider Transaction Report
HSKB Funds II, a 10% owner of ZoomInfo Technologies Inc., distributed 15,469 shares of common stock to employees, reducing its beneficial ownership to 319,530 shares.
Summary
- HSKB Funds II, LLC, a 10% owner of ZoomInfo Technologies Inc. (GTM), reported a change in beneficial ownership.
- On November 1, 2025, HSKB Funds II, LLC disposed of 15,469 shares of ZoomInfo Common Stock.
- This disposition reflects a distribution of shares to one or more employees of ZoomInfo and its subsidiaries.
- The distribution included shares sold to cover the employees' tax liabilities associated with the securities.
- Following this transaction, HSKB Funds II, LLC beneficially owns 319,530 shares of ZoomInfo Common Stock.
- The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: The filing is a factual report of an insider transaction involving a stock distribution to employees, which is a neutral event in terms of immediate financial performance, though employee incentives can be viewed positively for long-term alignment.
Positives
- The distribution of shares to employees can serve as an incentive, potentially aligning employee interests with the company's long-term performance and fostering retention.
Negatives
- HSKB Funds II, LLC's beneficial ownership of ZoomInfo Common Stock decreased by 15,469 shares as a result of the distribution.
Future Outlook
The filing does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This Form 4 filing reports a routine insider transaction involving a significant shareholder and employee stock distribution, which is a common practice across various industries to incentivize and retain talent. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- **Employees:** Directly benefit from receiving shares, potentially increasing their motivation and aligning their interests with the company's success.
- **HSKB Funds II, LLC:** Reduced its direct beneficial ownership in ZoomInfo Technologies Inc. by 15,469 shares.
- **Shareholders:** The transaction represents a transfer of existing shares from a large owner to employees, which is generally viewed as a mechanism for employee retention and alignment rather than a significant dilutive event from new share issuance.
Key Dates
| Date | Description |
|---|---|
| 11/01/2025 | Transaction Date: Distribution of 15,469 shares of Common Stock by HSKB Funds II, LLC. |
| 11/04/2025 | Signature Date of the Form 4 filing. |
Keywords
ZoomInfo Technologies Inc., GTM, HSKB Funds II, SEC Form 4, insider transaction, stock distribution, employee compensation, beneficial ownership, Rule 10b5-1
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