Form 4: ZoomInfo Director Robert Giglio Reports Stock Unit Activity

Sentiment:

SEC Form 4 Filing


Director Robert Keith Giglio reports the vesting and acquisition of ZoomInfo Technologies Inc. restricted stock units.

Summary

  • Robert Keith Giglio, a director of ZoomInfo Technologies Inc., reported transactions involving restricted stock units.
  • On May 14, 2025, 3,525 restricted stock units vested and were settled into common stock.
  • Additionally, Giglio acquired 19,551 restricted stock units that will vest on the earlier of May 14, 2026, or the date of the 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: 7

Explanation: The document reflects standard executive compensation practices, indicating stability and alignment of interests. It's a neutral event with a slightly positive implication for corporate governance.

Future Outlook

19,551 restricted stock units shall vest on the earlier of May 14, 2026, or the date of the Issuer's next annual meeting of stockholders.

Industry Context

This filing is a routine disclosure of stock-based compensation for a company director, common in publicly traded companies to align management interests with shareholder value.

Stakeholder Impact

  • The vesting of restricted stock units dilutes existing shareholders' equity slightly.
  • The transaction aligns the director's interests with those of the shareholders.

Key Dates

DateDescription
05/14/20253,525 restricted stock units vested and were settled into common stock; 19,551 restricted stock units acquired.
05/16/2025Date of signature for the Form 4 filing.
05/14/2026Date on which 19,551 restricted stock units shall vest, or the date of the Issuer's next annual meeting of stockholders, whichever is earlier.

Keywords

ZoomInfo Technologies Inc., Robert Keith Giglio, Restricted Stock Units, Form 4, Director, GTM, Vesting, Acquisition

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