HSKB Funds II, LLC 4
Research Summary
AI-generated summary
ZoomInfo (GTM) 10% Holder HSKB Funds II Distributes 15,071 Shares
What Happened
HSKB Funds II, LLC — reported as a 10% owner of ZoomInfo Technologies (GTM) — recorded a disposition on 2026-02-01 of 15,071 shares. The filing lists the price as $0.00 and total value $0, reflecting a distribution of stock rather than an open-market sale.
Key Details
- Transaction date: 2026-02-01 (reported on Form 4 filed 2026-02-03).
- Transaction type/code: Other acquisition or disposition (Code J) — disposition of 15,071 shares at $0.00 (reported value $0).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: Distribution of common stock to one or more employees; some shares were sold to cover employees' tax liabilities in connection with the distribution.
- Timeliness: Filing appears timely (reporting period 2026-02-01; Form 4 filed 2026-02-03).
- Insider type: HSKB Funds II is a 10% institutional owner, not an executive officer or director.
Context
The $0.00 value and footnote indicate this was an internal stock distribution to employees (with tax-withholding sales), not a cash-for-shares open-market sale that would signal a trading decision by management. For retail investors, such distributions by a 10% holder are administrative and don't necessarily indicate bullish or bearish sentiment.