Form 4: HSKB Funds II, LLC Distributes ZoomInfo Shares to Employees
SEC Form 4 Filing
HSKB Funds II, LLC, a 10% owner of ZoomInfo Technologies Inc., distributed 28,690 shares of common stock to ZoomInfo employees on February 1, 2025.
Summary
- HSKB Funds II, LLC, a 10% owner of ZoomInfo Technologies Inc., filed a Form 4 indicating a change in beneficial ownership.
- On February 1, 2025, HSKB Funds II distributed 28,690 shares of ZoomInfo common stock.
- The distribution was made to one or more employees of ZoomInfo and its subsidiaries.
- Following the transaction, HSKB Funds II, LLC directly owns 678,924 shares of ZoomInfo common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing indicating a distribution of shares. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders and significant shareholders. This filing indicates a distribution of shares, which could be part of an employee compensation or incentive program.
Stakeholder Impact
- Employees of ZoomInfo and its subsidiaries received shares of common stock.
- Shareholders may see a slight dilution of ownership due to the distribution of shares.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of transaction: Distribution of ZoomInfo common stock. |
| 02/04/2025 | Date of Form 4 signature. |
Keywords
Form 4, Beneficial Ownership, HSKB Funds II, LLC, ZoomInfo Technologies Inc., ZI, Stock Distribution, Employees
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