Form 4: ZoomInfo Technologies Inc. Director Kirk Norman Brown Reports Sale of Common Stock
SEC Form 4 Filing
Director Kirk Norman Brown reported selling 700 shares of ZoomInfo Technologies Inc. common stock at $12 per share on March 3, 2025, while also holding a significant indirect ownership through DO Holdings (WA) LLC.
Summary
- On March 3, 2025, Kirk Norman Brown, a director of ZoomInfo Technologies Inc., sold 700 shares of common stock at a price of $12 per share.
- The sale was executed under a Rule 10b5-1 trading plan.
- Following the transaction, Mr. Brown directly owns 7,615,914 shares of ZoomInfo Technologies Inc.
- Mr. Brown also has indirect ownership of 7,438,247 shares through DO Holdings (WA) LLC, which he substantially owns with Henry Schuck.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, which is common in the technology industry.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, but the transaction is relatively small and executed under a pre-arranged plan.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction: Sale of 700 shares of common stock. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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