Form 4: ZoomInfo Director Giglio Acquires Restricted Stock Units
SEC Filing
Robert Keith Giglio, a director at ZoomInfo Technologies Inc., acquired 3,525 restricted stock units on March 1, 2025, according to a recent SEC filing.
Summary
- On March 1, 2025, Robert Keith Giglio, a director of ZoomInfo Technologies Inc., acquired 3,525 restricted stock units.
- Each restricted stock unit represents a contingent right to receive one share of ZoomInfo's common stock or cash, at the Issuer's discretion.
- These restricted stock units are set to vest on the earlier of May 14, 2025, or the date of ZoomInfo's next annual meeting of stockholders.
- Following the transaction, Giglio directly owns 3,525 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by a company director, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a common occurrence for publicly traded companies like ZoomInfo. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction: Robert Keith Giglio acquired restricted stock units. |
| 03/04/2025 | Date of filing: Form 4 filing date. |
| 05/14/2025 | Earliest vesting date for the restricted stock units. |
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