Form 4: ZoomInfo CEO's RSU Vesting and Tax Withholding

Sentiment:

Statement of Changes in Beneficial Ownership


ZoomInfo Technologies Inc. CEO Henry Schuck reported the vesting of restricted stock units and subsequent share disposition for tax obligations.

Summary

  • CEO Henry Schuck reported transactions on January 1, 2026, related to his beneficial ownership in ZoomInfo Technologies Inc.
  • 13,787 restricted stock units (RSUs) vested, converting into common stock.
  • 4,841 shares were disposed of at a price of $10.17 per share to cover tax liabilities associated with the RSU vesting.
  • The transactions were made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.
  • Following these transactions, Henry Schuck directly owns 11,354,680 shares of common stock.
  • He also indirectly owns 237,376 shares through a trust and 5,803,333 shares through DO Holdings (WA), LLC.
  • 124,082 derivative securities (RSUs) remain beneficially owned after the reported transactions.

Sentiment

Score: 6

Explanation: The filing reports a routine, pre-planned vesting of executive compensation, which is a positive for the insider but neutral for the company's operational performance. The tax withholding is a standard part of the process.

Positives

  • The vesting of 13,787 restricted stock units represents a conversion of contingent rights into actual shares for the CEO, increasing his direct equity stake.
  • The transaction was pre-planned under a Rule 10b5-1(c) plan, indicating a structured and compliant approach to insider transactions.

Negatives

  • 4,841 shares were disposed of to cover tax liabilities, reducing the CEO's direct common stock holdings by that amount.

Risks

  • No specific risks related to the company's operations or financial health are mentioned in this Form 4 filing, as it primarily reports insider transactions.

Future Outlook

The remaining restricted stock units are scheduled to vest in equal quarterly installments over 36 months following April 1, 2025.

Industry Context

This Form 4 filing reports a routine insider transaction (RSU vesting and tax withholding) for the CEO of ZoomInfo Technologies Inc., a company operating in the business intelligence and data services industry. Such transactions are common for executives receiving equity compensation and do not typically reflect broader industry trends or competitive positioning.

Stakeholder Impact

  • Shareholders: The transaction is a routine insider compensation event and is unlikely to have a significant direct impact on the broader shareholder base or company valuation.
  • Employees: No direct impact on employees is indicated by this filing.
  • Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.

Next Steps

  • The remaining 124,082 restricted stock units will continue to vest in equal quarterly installments over 36 months following April 1, 2025.

Key Dates

DateDescription
05/29/2024Original grant date of restricted stock units to the reporting person.
04/01/2025First vesting date for 25% of the original RSU grant.
01/01/2026Transaction date for RSU vesting and tax-related share disposition.
01/05/2026Signature date of the Form 4 filing.

Keywords

ZoomInfo, GTM, Henry Schuck, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Beneficial Ownership, Rule 10b5-1

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