Form 4: ZoomInfo Technologies CTO Sells Shares Under 10b5-1 Trading Plan

ZoomInfo Technologies' Chief Technology Officer, Ali Dasdan, sold 4,898 shares of common stock at a weighted average price of $11.0069 per share, as part of a pre-arranged 10b5-1 trading plan.

Summary

• Ali Dasdan, the Chief Technology Officer of ZoomInfo Technologies, sold 4,898 shares of the company's common stock on December 3, 2024.
• The sale was executed under a pre-arranged Rule 10b5-1 trading plan.
• The shares were sold at a weighted average price of $11.0069 per share.
• The prices for individual transactions ranged from $10.97 to $11.06.
• Following the transaction, Mr. Dasdan still directly owns 118,659 shares of ZoomInfo Technologies stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an insider stock sale under a pre-arranged plan. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine filing related to insider trading activity. It is common for executives to use 10b5-1 plans to manage their stock sales and avoid accusations of trading on inside information.

Comparison to Industry Standards

• The use of a 10b5-1 trading plan is a standard practice for corporate executives to manage their stock sales in compliance with SEC regulations.
• The reported transaction is similar to other Form 4 filings by executives at comparable technology companies.

Stakeholder Impact

• The stock sale by a key executive may have a minor impact on investor sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

ZoomInfo Technologies, insider trading, Form 4, 10b5-1 trading plan, stock sale, Ali Dasdan, Chief Technology Officer