Form 4: ZoomInfo Director Domenic Maida Acquires Restricted Stock Units
SEC Form 4 Filing
Director Domenic Maida acquired 19,291 restricted stock units in ZoomInfo Technologies Inc. on August 6, 2024.
Summary
- On August 6, 2024, Domenic Maida, a director of ZoomInfo Technologies Inc., acquired 19,291 restricted stock units (RSUs).
- Each RSU represents a contingent right to receive one share of ZoomInfo's common stock or cash, at the issuer's discretion.
- The RSUs will vest on the earlier of May 15, 2025, or the date of the Issuer's next annual meeting of stockholders.
- The transaction was reported on August 8, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing indicating a director's acquisition of restricted stock units, which is generally a positive sign but not significantly impactful.
Positives
- The acquisition of RSUs by a director signals confidence in the company's future performance.
Future Outlook
The vesting of the RSUs is contingent upon the earlier of May 15, 2025, or the date of the Issuer's next annual meeting of stockholders.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's acquisition of restricted stock units, a common form of executive compensation.
Stakeholder Impact
- The acquisition of RSUs by a director can be viewed positively by shareholders as it aligns the director's interests with the company's long-term success.
Key Dates
| Date | Description |
|---|---|
| 08/06/2024 | Date of transaction: Domenic Maida acquired 19,291 restricted stock units. |
| 08/08/2024 | Date of report filing. |
| May 15, 2025 | Earliest vesting date for the restricted stock units. |
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