Form 4: ZoomInfo CEO Henry Schuck Reports Stock Transactions
SEC Form 4 Filing
Henry Schuck, CEO of ZoomInfo Technologies Inc., reports acquisition and disposal of common stock and restricted stock units on April 1, 2025.
Summary
- On April 1, 2025, Henry Schuck, the CEO of ZoomInfo Technologies Inc., engaged in transactions involving the company's stock.
- These transactions included the vesting of 55,147 restricted stock units, the acquisition of 55,147 shares of common stock upon vesting of these units, and the disposal of 16,559 shares to cover tax liabilities.
- Following these transactions, Schuck directly owns 12,319,089 shares of common stock.
- Schuck also has indirect ownership of 237,376 shares through a trust and 5,803,333 shares through DO Holdings (WA), LLC.
Sentiment
Score: 6
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information. The sentiment is neutral to slightly positive as it reflects ongoing equity compensation.
Future Outlook
The remaining restricted stock units will vest in equal quarterly installments over the 36 months following April 1, 2025.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is standard practice for executives to receive and vest stock options and restricted stock units as part of their compensation packages.
Comparison to Industry Standards
- Executive compensation packages often include stock options and restricted stock units to align management's interests with those of shareholders.
- The vesting schedule of the restricted stock units (25% initially, then quarterly installments) is a common practice to incentivize long-term performance.
- The disposal of shares to cover tax liabilities upon vesting is a standard procedure for executives receiving equity compensation.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CEO's holdings.
- The vesting of restricted stock units is part of the executive compensation plan, impacting employees and management.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of earliest transaction: vesting of restricted stock units, acquisition and disposal of shares. |
| 04/01/2025 | 25% of original grant of 220,589 restricted stock units vest. |
| 04/03/2025 | Date of signature for the Form 4 filing. |
Keywords
ZoomInfo Technologies Inc., Henry Schuck, Form 4, Stock Transactions, Restricted Stock Units, Beneficial Ownership, ZI
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