Form 4: HSKB Funds II, LLC Reports Distribution of ZoomInfo Technologies Inc. Common Stock
SEC Form 4 Filing
HSKB Funds II, LLC reports a distribution of 16,054 shares of ZoomInfo Technologies Inc. common stock to employees, reducing their holdings to 872,668 shares.
Summary
- On March 1, 2024, HSKB Funds II, LLC distributed 16,054 shares of ZoomInfo Technologies Inc. (ZI) 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 872,668 shares of ZoomInfo common stock directly.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by significant shareholders, directors, and officers, providing transparency to the market.
Stakeholder Impact
- The distribution of shares to employees could have a positive impact on employee morale and alignment with company goals.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the transaction (distribution of common stock) |
| 03/05/2024 | Date of signature for the Form 4 filing |
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