Form 4: ZoomInfo Director David Randall Winn Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director David Randall Winn reports acquisition and disposition of ZoomInfo Technologies Inc. stock via restricted stock units.

Summary

  • David Randall Winn, a director at ZoomInfo Technologies Inc., filed a Form 4 detailing changes in beneficial ownership.
  • On May 15, 2024, Winn acquired 8,893 shares of common stock through the exercise of restricted stock units and disposed of 8,893 shares.
  • Following these transactions, Winn directly owns 1,557,348 shares of ZoomInfo Technologies Inc.
  • Winn also acquired 15,187 restricted stock units that will vest on the earlier of May 15, 2025, or the date of the Issuer's next annual meeting of stockholders.
  • Each restricted stock unit represents a contingent right to receive one share of Common Stock, settled in either Common Stock or cash at the Issuer's discretion.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any explicit positive or negative sentiment about the company's performance or outlook.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's financial performance or future prospects.

Industry Context

This filing is a routine disclosure related to insider transactions and doesn't provide specific insights into broader industry trends. However, it reflects the compensation structure and equity ownership of a key executive at ZoomInfo, which is relevant to understanding management incentives.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a director.
  • The vesting of restricted stock units incentivizes the director, potentially aligning their interests with those of the shareholders.

Key Dates

DateDescription
05/15/2024Date of stock transactions (exercise and disposal of restricted stock units).
05/15/2024Date restricted stock units vested.
05/15/2025Date of next potential vesting of restricted stock units.
05/16/2024Date of Power of Attorney.
05/17/2024Date of signature of the reporting person.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.