Gleeson Alison 4
Research Summary
AI-generated summary
ZoomInfo (GTM) Director Alison Gleeson Exercises Derivatives, Receives RSUs
What Happened
Alison Gleeson, a director of ZoomInfo Technologies (GTM), reported derivative activity on May 14, 2026. The filing shows an exercise/conversion (code M) of 19,551 derivative units (acquired) with a simultaneous reported disposition of 19,551 shares at $0.00. In addition, Gleeson was granted/awarded 51,283 restricted stock units (code A) with a $0.00 reported price; these RSUs are derivative awards that may convert to shares or cash.
Key Details
- Transaction date: May 14, 2026. Form 4 filed May 18, 2026 (timely).
- Reported amounts/prices: 19,551 shares acquired via conversion (M); 19,551 shares disposed at $0.00 (M); 51,283 RSUs granted at $0.00 (A).
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnotes: F1 — each RSU is a contingent right to one share and may be settled in stock or cash; F2 — certain RSUs vested on May 14, 2026 (the issuer's annual meeting); F3 — remaining RSUs vest on the earlier of May 14, 2027 or the next annual meeting.
- No sale proceeds reported for the disposed shares; the filing does not explain the reason for the $0.00 disposition.
Context
Code M indicates exercise or conversion of a derivative (here, RSUs/derivative units). Code A indicates a grant/award of RSUs. These are not open-market purchases or sales for cash; they reflect equity awards and their settlement/conversion. The filing does not state the insider’s post-transaction beneficial ownership or provide a stated reason (e.g., tax withholding) for the $0.00 disposition.