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 ZoomInfo Technologies Inc. common stock to employees, including shares sold to cover tax liabilities.
Summary
- HSKB Funds II, LLC, a 10% owner of ZoomInfo Technologies Inc., filed a Form 4.
- The form reports a transaction that occurred on May 1, 2025.
- HSKB Funds II, LLC distributed 25,863 shares of common stock.
- The distribution was to one or more employees of ZoomInfo and its subsidiaries.
- Some shares were sold to cover the employees' tax liabilities related to the distribution.
- Following the transaction, HSKB Funds II, LLC beneficially owns 507,161 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 minor positive impact on employee morale.
- The sale of shares to cover tax liabilities may have a slight downward pressure on the stock price.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of the transaction (distribution of common stock) |
| 05/05/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, HSKB Funds II, LLC, ZoomInfo Technologies Inc., ZI, Common Stock, Distribution, Beneficial Ownership, SEC Filing
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