Schuck Henry 4

What Happened

• Henry Schuck, CEO of ZoomInfo Technologies (GTM), had 13,787 restricted stock units (RSUs) convert into shares on April 1, 2026. The conversion shows an effective $0.00 exercise price for the derivative conversion, consistent with RSU vesting rather than an option exercise requiring cash.
• To cover tax withholding, 4,598 of the issued shares were surrendered at $5.98 per share, totaling $27,496. After withholding, Schuck received a net of 9,189 shares.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (appears timely).
• Conversion: 13,787 RSUs converted into common stock (derivative code M in filing).
• Withholding (code F): 4,598 shares withheld to satisfy tax liability at $5.98 per share = $27,496.
• Net shares issued to Schuck: 13,787 − 4,598 = 9,189 shares.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: Each RSU represents a contingent right to one share.
  • F2: Withheld shares were used to cover the Reporting Person’s tax liability on vesting.
  • F3: Reporting Person has a proportionate pecuniary interest in securities held directly by DO Holdings (WA), LLC.
  • F4: The RSU grant was originally made May 29, 2024, with vesting schedule starting Apr 1, 2025 (25%) and the remainder in equal quarterly installments over the following 36 months.

Context

• This transaction reflects routine RSU vesting and tax-withholding (not an open-market sale). The $0.00 exercise price and footnotes indicate these were vested RSUs converting to shares, not a traditional option requiring cash payment.
• Tax-withholding via share surrender is common and does not necessarily signal a buy/sell decision by the insider.