Form 4: ZoomInfo Technologies CTO, Ali Dasdan, Reports Stock Transactions

ZoomInfo Technologies' Chief Technology Officer, Ali Dasdan, has reported the acquisition and disposal of company stock and restricted stock units.

Summary

• Ali Dasdan, the Chief Technology Officer of ZoomInfo Technologies, reported transactions involving the company's stock on December 1, 2024.
• He acquired 39,729 shares of common stock through the vesting of restricted stock units.
• Additionally, 20,135 shares were disposed of at a price of $10.94 per share to cover tax liabilities related to the vesting.
• Following these transactions, Dasdan beneficially owns 123,557 shares of common stock directly.
• He also holds 198,646 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by an executive, which is neither positive nor negative in itself. It's a neutral event.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It provides transparency into the stock ownership of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, such as ZoomInfo, and are required by the SEC to ensure transparency of insider trading.
• Similar filings are made by executives at comparable companies like Salesforce, Oracle, and HubSpot when they engage in stock transactions.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates

Keywords

ZoomInfo Technologies, stock transactions, restricted stock units, insider trading, Form 4, Ali Dasdan, Chief Technology Officer