Form 4: ZoomInfo Technologies Inc. Executive Ali Dasdan Reports Stock Transactions
SEC Form 4 Filing
Ali Dasdan, Chief Technology Officer of ZoomInfo Technologies Inc., reports the acquisition and disposal of common stock and restricted stock units on March 1, 2025.
Summary
- On March 1, 2025, Ali Dasdan, the Chief Technology Officer of ZoomInfo Technologies Inc., engaged in transactions involving the company's stock.
- Dasdan acquired 39,729 shares of common stock through the vesting of restricted stock units.
- He also acquired shares under the Employee Stock Purchase Plan, resulting in a total of 159,441 shares.
- Additionally, 14,391 shares were withheld to cover tax liabilities related to the vesting of restricted stock units at a price of $11.66 per share.
- Following these transactions, Dasdan directly owns 145,050 shares of ZoomInfo Technologies Inc. common stock and 158,917 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment. It's a neutral disclosure of information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is a standard practice for executives to receive and vest stock options and restricted stock units as part of their compensation packages.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of shares held by an insider, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| September 1, 2023 | Initial vesting date for 16.5% of the original grant of 475,797 restricted stock units. |
| March 1, 2025 | Date of stock transactions: acquisition of common stock through RSU vesting and tax withholding. |
| March 4, 2025 | Date of signature for the Form 4 filing. |
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