Form 4: ZoomInfo CEO Henry Schuck Reports Acquisition of Performance-Based Restricted Stock Units

Henry Schuck, CEO of ZoomInfo Technologies Inc., reports the acquisition of performance-based restricted stock units (PSUs) following the satisfaction of performance conditions.

Summary

• On March 26, 2025, Henry Schuck, the CEO of ZoomInfo Technologies Inc., filed a Form 4 with the SEC.
• The filing reports the acquisition of 14,265 performance-based restricted stock units (PSUs) on March 24, 2025.
• These PSUs were awarded on May 29, 2024, and the reported amount represents the units earned for the performance period from January 1, 2024, to December 31, 2024.
• The earned units will vest 45 days after March 24, 2025.
• Schuck also directly owns 12,280,501 shares of common stock and indirectly owns 237,376 shares through a trust and 5,803,333 shares through DO Holdings (WA), LLC.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The acquisition of PSUs indicates that performance goals were met, which is a positive signal. However, it's a routine filing and doesn't necessarily indicate a significant change in the company's outlook.

Positives

• The acquisition of performance-based restricted stock units suggests that performance goals were met, which could be viewed positively.

Future Outlook

The earned units will vest 45 days after March 24, 2025.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CEO's acquisition of stock units based on performance, which is a common practice in executive compensation.

Comparison to Industry Standards

• Performance-based equity compensation is a common practice among publicly traded companies, particularly in the technology sector.
• Companies like Salesforce, Oracle, and Adobe also utilize restricted stock units and performance-based awards to align executive compensation with company performance.
• The vesting schedules and performance metrics vary across companies, but the underlying principle of incentivizing executives through equity remains consistent.

Stakeholder Impact

• The acquisition of performance-based stock units by the CEO could positively impact shareholder confidence, as it aligns executive compensation with company performance.

Key Dates

Keywords

Form 4, SEC, Henry Schuck, ZoomInfo Technologies Inc., Performance Restricted Stock Units, PSUs, Beneficial Ownership, Stock Options, Insider Trading