Form 4: HSKB Funds II, LLC Reports Distribution of ZoomInfo Technologies Inc. Common Stock

HSKB Funds II, LLC reports a distribution of 23,749 shares of ZoomInfo Technologies Inc. common stock to employees, including shares sold to cover tax liabilities, resulting in a decrease in their holdings.

Summary

• HSKB Funds II, LLC filed a Form 4 with the SEC on April 3, 2025.
• The form reports a transaction that occurred on April 1, 2025.
• HSKB Funds II, LLC distributed 23,749 shares of ZoomInfo Technologies Inc. (ZI) common stock.
• The distribution was made to one or more employees of ZoomInfo and its subsidiaries.
• Some of the distributed shares were sold to cover the employees' tax liabilities.
• Following the transaction, HSKB Funds II, LLC beneficially owns 533,024 shares of ZoomInfo common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing reporting a distribution of shares, which is neutral in 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 positive impact on employee morale.
• The sale of shares to cover tax liabilities may have a minor impact on the stock price.

Key Dates

Keywords

Form 4, HSKB Funds II, LLC, ZoomInfo Technologies Inc., ZI, Common Stock, Distribution, Beneficial Ownership, SEC Filing