Form 4: HSKB Funds II, LLC Reports Distribution of ZoomInfo Technologies Inc. Common Stock
SEC Filing
HSKB Funds II, LLC, a 10% owner of ZoomInfo Technologies Inc., reported a distribution of 8,909 shares of common stock to employees on April 1, 2024.
Summary
- On April 3, 2024, HSKB Funds II, LLC filed a Form 4 with the SEC.
- The form reports a transaction that occurred on April 1, 2024.
- HSKB Funds II, LLC distributed 8,909 shares of ZoomInfo Technologies Inc. common stock.
- The distribution was made to one or more employees of ZoomInfo and its subsidiaries.
- Following the transaction, HSKB Funds II, LLC beneficially owns 863,759 shares of ZoomInfo common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, 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 could have a slightly positive impact on employee morale.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of the transaction: Distribution of common stock |
| 04/03/2024 | Date of filing the Form 4 |
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