Form 4: HSKB Funds II Distributes ZoomInfo Shares to Employees

HSKB Funds II, a 10% owner of ZoomInfo Technologies Inc., distributed 10,310 shares of common stock to employees, reducing its beneficial ownership to 301,307 shares.

Summary

• HSKB Funds II, LLC, identified as a 10% owner of ZoomInfo Technologies Inc. (GTM), reported a change in its beneficial ownership.
• On January 1, 2026, HSKB Funds II disposed of 10,310 shares of ZoomInfo Common Stock.
• This transaction was a distribution of Common Stock 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 received.
• Following this reported transaction, HSKB Funds II beneficially owns 301,307 shares of ZoomInfo Common Stock directly.
• The transaction was executed pursuant to a Rule 10b5-1(c) plan, indicating it was a pre-planned arrangement.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-planned distribution of shares by a 10% owner to employees, which is a neutral event for the company's operational performance or strategic direction.

Positives

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

Negatives

• HSKB Funds II, LLC's beneficial ownership in ZoomInfo Technologies Inc. decreased by 10,310 shares, representing a reduction in their direct stake.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding ZoomInfo Technologies Inc.'s future performance or strategic direction.

Industry Context

This transaction represents a routine insider filing related to beneficial ownership changes. While not directly indicative of broader industry trends, employee stock distributions are a common practice in the technology sector for talent retention and motivation.

Related Party Transactions

• The distribution of shares to employees of ZoomInfo and its subsidiaries can be considered a related party transaction, as HSKB Funds II is a 10% owner and the shares are being transferred to individuals associated with the issuer.

Stakeholder Impact

• Shareholders: The distribution represents a minor reduction in the beneficial ownership of a significant shareholder, which could lead to a slight increase in the public float if employees subsequently sell their shares.
• 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

Recommendation

This Form 4 reports a routine, pre-planned distribution of shares by a 10% owner to employees, which is a neutral event and does not provide sufficient new information to alter an existing investment thesis or recommendation for ZoomInfo Technologies Inc.

Keywords

ZoomInfo, GTM, HSKB Funds II, beneficial ownership, Form 4, insider transaction, stock distribution, employee compensation, Rule 10b5-1