Form 4: ZoomInfo Director Mark Mader Reports Stock Transactions
SEC Form 4 Filing
Director Mark Mader reported the acquisition and disposal of ZoomInfo Technologies Inc. common stock and restricted stock units on May 15, 2024.
Summary
- On May 15, 2024, Mark Mader, a director of ZoomInfo Technologies Inc., engaged in transactions involving the company's stock.
- Mader acquired 8,893 shares of common stock through the vesting of restricted stock units.
- He also acquired 15,187 restricted stock units, which will vest on the earlier of May 15, 2025, or the date of the next annual meeting.
- Following these transactions, Mader directly owns 20,734 shares of ZoomInfo common stock and 15,187 restricted stock units.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects routine stock transactions by a company director. The acquisition of shares and restricted stock units suggests a continued alignment with the company's performance.
Future Outlook
The newly acquired restricted stock units will vest on the earlier of May 15, 2025, or the date of the next annual meeting of stockholders.
Industry Context
Form 4 filings are routine disclosures required by the SEC for company insiders, providing transparency into their transactions in the company's stock. This filing indicates the director's ongoing investment in the company.
Stakeholder Impact
- The transactions may have a minor positive impact on shareholder confidence, as they demonstrate the director's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of the earliest transaction, including vesting of restricted stock units and acquisition of new restricted stock units. |
| 05/15/2025 | Date on which the newly acquired restricted stock units will vest, or the date of the next annual meeting, whichever is earlier. |
| 05/17/2024 | Date of the report filing. |
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