ZoomInfo (GTM) 10% Owner HSKB Funds II Sells 27,278 Shares
$GTM · ZoomInfo Technologies Inc.Research Summary
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ZoomInfo (GTM) 10% Owner HSKB Funds II Sells 27,278 Shares
What Happened
HSKB Funds II, LLC (reported as a 10% owner) reported a disposition of 27,278 shares of ZoomInfo Technologies Inc. on August 1, 2026. The Form 4 lists the per-share price as $0.00 and total value as $0, reflecting that the transaction was reported as a distribution with shares sold to cover tax liabilities rather than a straightforward open-market sale.
Key Details
- Transaction date: 2026-08-01; Report filed: 2026-08-04.
- Transaction type/code: Other acquisition/disposition (J).
- Shares disposed: 27,278; reported price: $0.00; reported value: $0.
- Shares owned after transaction: Not specified in this filing.
- Footnote F1: Notes a distribution of ZoomInfo common stock to one or more employees, with some shares sold to cover employees' tax liabilities.
- Filing timeliness: The Form 4 was filed three days after the transaction date; the filing itself does not flag a late filing.
Context
This filing involves a 10% institutional owner and a distribution tied to employee awards; such transactions can include automatic sales to satisfy tax withholding and do not necessarily signal the owner’s view of the company. The $0 reporting here reflects the mechanics of a distribution and tax-withholding sale rather than the market proceeds from an outright voluntary sale.