Form 4: ZoomInfo CFO Michael O'Brien Reports Stock Transactions

Michael O'Brien, CFO of ZoomInfo Technologies Inc., reports the vesting and settlement of HSKB Phantom Units and restricted stock units, along with associated tax withholdings, on February 1, 2025.

Summary

• On February 1, 2025, Michael O'Brien, the CFO of ZoomInfo Technologies Inc., reported transactions involving common stock.
• These transactions included the vesting and settlement of 1,541 HSKB Phantom Units into common stock and the vesting of 3,468 restricted stock units into common stock.
• Shares were withheld to cover the reporting person's tax liability in connection with the vesting of the HSKB Phantom Units (595 shares at $10.29) and restricted stock units (1,339 shares at $10.29).
• Following these transactions, O'Brien directly owns 41,328 shares of ZoomInfo common stock and 10,792 HSKB Phantom Units and 38,157 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, and does not inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock-based awards, common in publicly traded companies.

Comparison to Industry Standards

• Stock-based compensation is a common practice among publicly traded technology companies like ZoomInfo to attract and retain talent.
• Vesting schedules, such as the quarterly installments described, are standard in the industry.
• Tax withholding upon vesting is also a typical procedure.

Stakeholder Impact

• The transactions reported may have a minor dilutive effect on existing shareholders due to the issuance of new shares upon vesting of the restricted stock units and HSKB Phantom Units.
• The vesting of stock-based compensation aligns management's interests with those of shareholders.

Key Dates

Keywords

Form 4, ZoomInfo, Michael O'Brien, CFO, stock, HSKB Phantom Units, restricted stock units, vesting, tax withholding