HSKB Funds II, LLC 4
Research Summary
AI-generated summary
ZoomInfo (GTM) 10% Owner HSKB Funds II Sells 9,797 Shares
What Happened
- HSKB Funds II, LLC — listed as a 10% owner of ZoomInfo Technologies Inc. (GTM) — reported a disposition of 9,797 shares on 2026-04-01 (transaction code J). The filing shows a $0.00 per-share price and $0 total proceeds; the transaction reflects a distribution to employees rather than an open-market sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03.
- Reported transaction: Disposition of 9,797 shares at $0.00 (total $0).
- Transaction code: J (other acquisition/disposition).
- Footnote F1: The report reflects a distribution of ZoomInfo common stock to one or more employees and notes that shares were sold to cover employees' tax liabilities related to the distribution.
- Shares owned after the transaction: not specified in the information provided.
- No indication in the filing summary that this was an executive trading decision; HSKB is an institutional 10% holder.
Context
- This filing appears related to a corporate distribution to employees and tax-withholding sales, not an open-market directional trade by company insiders. For retail investors, such disposals by large institutional holders tied to employee distributions typically do not signal management sentiment about the company’s near-term prospects.