Winn David Randall 4

What Happened

• David Randall Winn, a director of ZoomInfo Technologies (GTM), had conversion/exercise activity and an RSU award tied to the issuer's May 14, 2026 annual meeting. The filing reports the conversion/exercise of 19,551 derivative units and an immediate disposition of 19,551 shares at $0 (reported as a derivative disposition). Separately, he was granted/awarded 51,283 restricted stock units (RSUs) at $0. The Form 4 was filed on May 18, 2026.

Key Details

• Transaction date: May 14, 2026 (Period of Report); Form 4 filed May 18, 2026 (timely — filed within the two business-day window).
• Reported entries:
  • M (exercise/conversion): 19,551 shares acquired (no price reported).
  • M (exercise/conversion): 19,551 shares disposed at $0 (reported as derivative).
  • A (award/grant): 51,283 RSUs acquired at $0 (derivative).
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes:
  • F1: Each RSU represents a contingent right to one share; settlement may be in stock or cash (issuer's discretion).
  • F2: Some RSUs vested on May 14, 2026 (the date of the annual meeting).
  • F3: Remaining RSUs vest on the earlier of May 14, 2027 or the next annual meeting.
• The filing does not state a cash value for the disposed shares; a $0 disposition commonly reflects shares withheld or surrendered (for example, to satisfy tax withholding), but the Form 4 does not explicitly state the reason.

Context

• The M code indicates exercise or conversion of a derivative; the A code denotes an award/grant of RSUs. For retail investors, RSU grants are compensation awards that convert to shares (or sometimes cash) per the award terms; vested portions are more immediately value-relevant. Dispositions reported at $0 are often administrative (e.g., tax withholding) rather than open-market sales and should not be interpreted automatically as a bearish signal.