HSKB Funds II, LLC 4
Research Summary
AI-generated summary
ZoomInfo (GTM) 10% Owner HSKB Funds II Distributes 14,075 Shares
What Happened
HSKB Funds II, LLC, a reported 10% owner of ZoomInfo Technologies Inc. (GTM), recorded an "other acquisition or disposition" on 2026-05-01 that disposed of 14,075 shares of ZoomInfo common stock. The filing reports a price of $0.00 and $0 total proceeds. The filing’s footnote explains this reflects a distribution of ZoomInfo common stock to one or more employees and notes that some shares were sold to cover employees’ tax liabilities related to the distribution.
Key Details
- Transaction date: 2026-05-01; Report filed: 2026-05-05.
- Reported price and value: $0.00 per share; $0 total proceeds (per the Form 4).
- Shares involved: 14,075 shares disposed (distribution to employees / tax-withholding sales per footnote F1).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote F1: Confirms distribution to employees and that shares were sold to cover tax liabilities.
- Timeliness: Filed four days after the transaction; Form 4s are typically due within two business days, so this appears to have been filed after the usual reporting window.
Context
This was an institutional distribution by a 10% owner, not an executive buy/sell that directly signals management sentiment. Distributions to employees and related withholding sales are routine corporate actions and do not necessarily indicate a bullish or bearish view by the reporting owner.