Form 4: ZoomInfo CFO Michael O'Brien Acquires Restricted Stock Units
SEC Form 4 Filing
ZoomInfo's CFO, Michael O'Brien, reports the acquisition of restricted stock units in the company.
Summary
- Michael O'Brien, CFO of ZoomInfo Technologies Inc., filed a Form 4 disclosing changes in beneficial ownership.
- On September 10, 2024, O'Brien acquired 125,000 restricted stock units (RSUs) that vest over time, with 25% vesting on October 1, 2025, and the remainder in equal quarterly installments over the following 36 months.
- O'Brien also acquired 29,400 restricted stock units that vest entirely 12 months after a permanent Chief Financial Officer is employed by the Issuer.
- The price of these derivative securities was $0.
- Following these transactions, O'Brien directly owns 154,400 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.
Stakeholder Impact
- Shareholders gain insight into the compensation structure and equity ownership of ZoomInfo's CFO.
- Employees may be interested in the vesting schedule of the restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of the reported transaction: acquisition of restricted stock units. |
| 10/01/2025 | 25% of the 125,000 restricted stock units vest. |
| 09/12/2024 | Date of signature on the Form 4 filing. |
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