Form 4: HSKB Funds II, LLC Reports Distribution of ZoomInfo Technologies Inc. Common Stock
SEC Filing Form 4
HSKB Funds II, LLC reports a distribution of 108,239 shares of ZoomInfo Technologies Inc. common stock to employees, reducing their holdings to 570,685 shares.
Summary
- HSKB Funds II, LLC, a 10% owner of ZoomInfo Technologies Inc., filed a Form 4 on February 7, 2025.
- The form reports a transaction that occurred on February 5, 2025.
- HSKB Funds II, LLC distributed 108,239 shares of ZoomInfo common stock.
- The distribution was to one or more employees of ZoomInfo and its subsidiaries.
- Following the transaction, HSKB Funds II, LLC beneficially owns 570,685 shares of ZoomInfo common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing reporting a distribution of shares, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders and major shareholders, providing transparency to the market.
Stakeholder Impact
- The distribution of shares to employees may have a slightly dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of transaction: Distribution of common stock |
| 02/07/2025 | Date of Form 4 filing |
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