Form 4: ZoomInfo Technologies Inc. Executive Ali Dasdan Reports Stock Transactions

Ali Dasdan, Chief Technology Officer of ZoomInfo Technologies Inc., reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On September 1, 2024, Ali Dasdan, the Chief Technology Officer of ZoomInfo Technologies Inc., had restricted stock units vest, resulting in the acquisition of 39,729 shares.
• Following the vesting, 20,135 shares were withheld to cover tax liabilities at a price of $9.89 per share.
• Dasdan also acquired shares under the Employee Stock Purchase Plan.
• After these transactions, Dasdan directly owns 108,861 shares of ZoomInfo Technologies Inc. common stock and 238,375 restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard reporting of stock transactions by an executive, with no inherent positive or negative implications for the company's performance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It's a common practice for executives to receive stock-based compensation, and the vesting and subsequent tax withholding are typical events.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect the executive's compensation and tax obligations.

Key Dates