Form 4: ZoomInfo CFO Peter Hyzer Sells 7,500 Shares
SEC Form 4 Filing
ZoomInfo's CFO, Peter Cameron Hyzer, sold 7,500 shares of common stock on June 13, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On June 13, 2024, Peter Cameron Hyzer, the Chief Financial Officer of ZoomInfo Technologies Inc., sold 7,500 shares of ZoomInfo's common stock.
- The sale was executed at a price of $12.78 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan.
- Following the transaction, Hyzer directly owns 1,279,023 shares of ZoomInfo common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. The use of a 10b5-1 plan suggests no negative implications.
Industry Context
Executive stock sales are a common occurrence and are often part of pre-planned diversification strategies. The use of a 10b5-1 plan suggests the sale was planned in advance to avoid insider trading concerns.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, but the pre-planned nature of the sale mitigates concerns about insider information.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of stock sale transaction |
| 06/17/2024 | Date of Form 4 filing |
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