Form 4: ZoomInfo Technologies Inc. Executive Roth James M Reports Stock Transactions
SEC Form 4 Filing
Chief Revenue Officer James M Roth of ZoomInfo Technologies Inc. reports the vesting and subsequent disposal of restricted stock units to cover tax liabilities.
Summary
- On April 1, 2025, James M Roth, Chief Revenue Officer of ZoomInfo Technologies Inc., engaged in multiple transactions involving restricted stock units (RSUs).
- Roth vested RSUs and acquired a total of 59,051 shares of common stock through the vesting of these RSUs.
- Simultaneously, Roth disposed of 29,492 shares to cover tax liabilities associated with the vesting of the RSUs at a price of $10.
- Following these transactions, Roth directly owns 43,823 shares of ZoomInfo Technologies Inc. common stock.
- Roth also holds 400,907 derivative securities in the form of restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the trading activities of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their executives, ensuring compliance with SEC regulations.
- Similar filings are made by executives at comparable companies like Salesforce (CRM) and HubSpot (HUBS) when they exercise stock options or RSUs.
Stakeholder Impact
- The transactions have a minimal direct impact on shareholders, as they are related to executive compensation and tax obligations.
- The filing provides transparency to shareholders regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| July 1, 2022 | Original grant date of restricted stock units that vest in equal quarterly installments during the 6 months following January 1, 2025. |
| March 23, 2023 | Original grant date of restricted stock units that vest in equal quarterly installments during the 27 months following January 1, 2025. |
| October 25, 2023 | Original grant date of restricted stock units that vest in equal quarterly installments during the 21 months following January 1, 2025. |
| March 26, 2024 | Original grant date of restricted stock units that vest in equal quarterly installments during the 27 months following January 1, 2025. |
| 04/01/2025 | Date of transactions involving restricted stock units and common stock. |
| 04/03/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, ZoomInfo Technologies Inc., ZI, James M Roth, Chief Revenue Officer, Restricted Stock Units, RSU, Beneficial Ownership, Insider Trading
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