MADER MARK PATRICK 4
Research Summary
AI-generated summary
ZoomInfo (GTM) Director Mark Mader Receives RSUs and Exercises Derivative
What Happened
Mark P. Mader, a director of ZoomInfo Technologies (GTM), had a multi-part insider transaction on May 14, 2026. The filing shows conversion/exercise of 19,551 derivative units (reported as acquired then disposed) with $0 proceeds reported, and a grant/award of 51,283 restricted stock units (RSUs) at $0. No cash value or sales proceeds are reported in the filing.
Key Details
- Transaction date: May 14, 2026; Form 4 filed May 18, 2026 (filed within the typical 2-business-day window).
- Derivative exercise/conversion: 19,551 shares (reported acquired then disposed) — disposal reported at $0.00 (derivative).
- Grant/award: 51,283 RSUs granted at $0.00 (derivative award).
- Shares owned after transaction: Not specified in the provided filing details.
- Relevant footnotes:
- F1: Each RSU represents a contingent right to one share; settlement may be in shares, cash, or a combination at the issuer’s discretion.
- F2: Certain RSUs vested on May 14, 2026 (the issuer’s annual meeting).
- F3: Other RSUs vest on the earlier of May 14, 2027 or the issuer’s next annual meeting.
Context
The filing records an award of RSUs (an acquisition) and a conversion/exercise of derivative units with a simultaneous reported disposal at $0. For retail investors, awards/vesting and derivative conversions are routine compensation events and do not necessarily indicate a purchase or sale sentiment. The filing does not state the reason for the $0 disposal (e.g., net settlement or tax withholding), so no inference about intent should be drawn.