ZI.Zoominfo Technologies INC

Form 4: ZoomInfo CFO Peter Hyzer Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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ZoomInfo's CFO, Peter Cameron Hyzer, reports transactions involving common stock and restricted stock units.

Summary

  • Peter Cameron Hyzer, CFO of ZoomInfo Technologies Inc., filed a Form 4 detailing changes in beneficial ownership.
  • On June 1, 2024, Hyzer acquired 8,571 shares of common stock through the vesting of restricted stock units and 688 shares through the vesting of HSKB Phantom Units.
  • Hyzer also disposed of 3,423 shares and 275 shares to cover tax liabilities related to the vesting of restricted stock units and HSKB Phantom Units, respectively, at a price of $12.28 per share.
  • Following these transactions, Hyzer directly owns 1,286,523 shares of ZoomInfo common stock and 59,998 restricted stock units, as well as 6,193 HSKB Phantom Units.

Sentiment

Score: 5

Explanation: The document is a routine filing of stock transactions by a company executive, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding insider activity.

Key Dates

DateDescription
03/01/202325% of the original grant of 137,137 restricted stock units vested.
09/01/202325% of HSKB Phantom Units vested.
06/01/2024Date of the reported transactions: vesting of restricted stock units and HSKB Phantom Units, and disposal of shares for tax liabilities.
06/04/2024Date of signature for the Form 4 filing.

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