Form 4: HSKB Funds II, LLC Reports Distribution of ZoomInfo Technologies Inc. Common Stock
SEC Filing
HSKB Funds II, LLC reports a distribution of 10,452 shares of ZoomInfo Technologies Inc. common stock to employees, resulting in a beneficial ownership of 819,787 shares.
Summary
- HSKB Funds II, LLC filed a Form 4 with the SEC on July 2, 2024.
- The form reports a transaction that occurred on July 1, 2024, involving ZoomInfo Technologies Inc. (ZI).
- HSKB Funds II, LLC distributed 10,452 shares of common stock.
- The distribution was made to one or more employees of ZoomInfo and its subsidiaries.
- The price per share for the distribution is $0.
- Following the transaction, HSKB Funds II, LLC beneficially owns 819,787 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 insiders, providing transparency to the market.
Stakeholder Impact
- The distribution of shares to employees could potentially boost employee morale and align their interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of the transaction (distribution of common stock) |
| 07/02/2024 | Date of the SEC filing (Form 4) |
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