Form 4: ZoomInfo Director Mark Mader Sells 3,112 Shares Under 10b5-1 Trading Plan

Mark Mader, a director at ZoomInfo Technologies Inc., sold 3,112 shares of common stock at a price of $12.78 per share on June 13, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On June 13, 2024, Mark Patrick Mader, a director of ZoomInfo Technologies Inc., sold 3,112 shares of the company'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, Mader directly owns 17,622 shares of ZoomInfo Technologies Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales by insiders are a common occurrence and are often pre-planned to avoid accusations of insider trading. The use of a 10b5-1 trading plan allows insiders to sell shares at predetermined times and prices.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates