Form 4: ZoomInfo CFO O'Brien Reports Stock Transactions

Michael Graham O'Brien, CFO of ZoomInfo Technologies Inc., reported transactions involving the acquisition and disposition of company stock, including the settlement of phantom units and restricted stock units, and the withholding of shares for tax liabilities.

Summary

• Michael Graham O'Brien, CFO of ZoomInfo Technologies Inc., reported several transactions on May 1, 2026.
• These transactions included the acquisition of 1,542 Phantom Units and 3,469 Restricted Stock Units.
• Concurrently, shares were disposed of, with 758 shares withheld for tax liabilities related to Phantom Units and 1,706 shares withheld for tax liabilities related to Restricted Stock Units.
• Following these transactions, O'Brien beneficially owns 205,796 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine insider transactions related to equity compensation and tax liabilities, without indicating significant changes in beneficial ownership or strategic shifts.

Positives

• Acquisition of 1,542 Phantom Units, which vest over time and represent potential future equity.
• Acquisition of 3,469 Restricted Stock Units, also representing potential future equity.
• The reporting person continues to hold a significant number of shares (205,796) after these transactions.

Negatives

• Disposition of shares through withholding for tax liabilities, indicating a reduction in immediate share count.
• The withholding of 758 shares for tax liabilities related to Phantom Units.
• The withholding of 1,706 shares for tax liabilities related to Restricted Stock Units.

Risks

• Tax liabilities associated with the vesting of equity awards could lead to further share disposals.
• The vesting schedules for Phantom Units and Restricted Stock Units may influence future selling pressure.

Future Outlook

The filing details vesting schedules for Phantom Units and Restricted Stock Units, indicating future equity awards that will vest over the next 24 and 36 months, respectively, following November 1, 2024. This suggests ongoing equity compensation plans.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company executives. This filing specifically details the settlement of equity awards and associated tax implications, a common occurrence for public company officers.

Stakeholder Impact

• Shareholders: Increased transparency into insider holdings and potential future share supply due to vesting schedules.
• Employees: The filing highlights the company's use of equity compensation, which can be a factor in employee retention and motivation.
• Creditors: No direct impact indicated.

Next Steps

• Continued vesting of HSKB Phantom Units over the next 24 months following November 1, 2024.
• Continued vesting of Restricted Stock Units over the next 36 months following November 1, 2024.

Key Dates

Keywords

Form 4, SEC Filing, ZoomInfo Technologies Inc., Michael Graham O'Brien, CFO, Stock Transaction, Phantom Units, Restricted Stock Units, Beneficial Ownership, Tax Liability