Form 4: ZoomInfo CEO Gifts 1M Shares for Estate Planning

ZoomInfo Technologies Inc. CEO Henry Schuck gifted 1,000,000 shares of common stock to an irrevocable family trust for estate planning purposes.

Summary

• Henry Schuck, CEO and Director of ZoomInfo Technologies Inc., reported a change in beneficial ownership.
• On September 15, 2025, Mr. Schuck gifted 1,000,000 shares of the company's common stock.
• The shares were transferred for no consideration to an irrevocable family trust for estate planning purposes.
• Following this transaction, Mr. Schuck's direct beneficial ownership stands at 11,337,785 shares.
• He also holds indirect beneficial ownership of 237,376 shares through a trust and 5,803,333 shares through DO Holdings (WA), LLC.
• Mr. Schuck explicitly stated he retains no investment control or voting rights over the gifted shares, and they are not considered beneficially owned by him for Section 16 purposes.

Sentiment

Score: 5

Explanation: The transaction is a personal estate planning move by the CEO, not indicative of company performance or strategic direction. It's a neutral event for the company's operational outlook.

Positives

• Demonstrates proactive long-term estate planning by the CEO.

Negatives

• A reduction of 1,000,000 shares from the CEO's direct beneficial ownership, though for personal estate planning and not a market sale.

Future Outlook

NA

Management Comments

• The Reporting Person gifted shares for estate planning purposes to an irrevocable family trust, relinquishing investment control and voting rights.

Industry Context

NA

Related Party Transactions

• Gifting of 1,000,000 shares of common stock to an irrevocable family trust, which is considered a related party for disclosure purposes, for no consideration.

Stakeholder Impact

• Shareholders: No direct impact on company operations or value. The shares remain within a related entity (family trust), but are no longer directly controlled by the CEO for Section 16 purposes.
• Employees, customers, suppliers, creditors: No direct impact from this personal transaction.

Key Dates

Recommendation

This Form 4 filing details a personal estate planning transaction by the CEO, Henry Schuck, involving a gift of 1,000,000 shares to a family trust. The transaction is for no consideration and explicitly states the CEO relinquishes investment control and voting rights over these shares. While it reduces his direct beneficial ownership, it does not reflect on the company's operational performance, financial health, or strategic direction. Therefore, it provides no new information to warrant a change in investment recommendation; a 'hold' stance is maintained based on existing company fundamentals.

Keywords

ZoomInfo, GTM, Henry Schuck, CEO, stock gift, insider transaction, Form 4, beneficial ownership, estate planning