HSKB Funds II, LLC 4
Research Summary
AI-generated summary
ZoomInfo (GTM) 10% Owner HSKB Funds II Distributes 9,451 Shares
What Happened
- HSKB Funds II, LLC (reported as a 10% owner) recorded a disposition of 9,451 shares of ZoomInfo Technologies Inc. on 2026-07-01. The filing shows a $0.00 per-share value and $0 total proceeds because the shares were part of a distribution to employees, with some shares sold to cover employees' tax liabilities.
Key Details
- Transaction date and price: 2026-07-01; 9,451 shares; reported price $0.00.
- Transaction code: J (other acquisition or disposition).
- Footnote: F1 — reflects a distribution of ZoomInfo common stock to one or more employees; some shares were sold to cover employees' tax liabilities.
- Shares owned after the transaction: not specified in the provided filing.
- Filing date: 2026-07-06 (filed five days after the transaction date) — appears to be later than the standard two-business-day Form 4 filing requirement.
Context
- This was an institutional distribution to employees, not an open-market sale by an executive. Shares sold to cover tax withholding are routine administrative transactions and do not necessarily indicate the holder’s view of the company’s prospects. As a 10% owner, HSKB is an institutional holder; this report documents the mechanics of the distribution rather than a discretionary market sale.