ZoomInfo (GTM) 10% Owner HSKB Funds II Distributes 4,575 Shares
$GTM · ZoomInfo Technologies Inc.Research Summary
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ZoomInfo (GTM) 10% Owner HSKB Funds II Distributes 4,575 Shares
What Happened
HSKB Funds II, LLC — listed as a 10% owner of ZoomInfo Technologies, Inc. (GTM) — reported a disposition on 2026-09-01 of 4,575 shares. The Form 4 records the transaction at $0.00 per share (total $0), which reflects an in-kind distribution/transfer rather than an open-market sale. Footnotes indicate the distribution was to one or more employees and that some shares were sold to cover employees' tax liabilities related to the distribution.
Key Details
- Transaction date: 2026-09-01; Form 4 filed: 2026-09-03 (filed timely).
- Transaction code: J (Other acquisition or disposition); reported price: $0.00; shares disposed: 4,575.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Distribution of common stock to employees; some distributed shares were sold to cover employee tax withholdings.
- This was a transfer/distribution by a 10% institutional owner, not an executive open-market sale or purchase.
Context
A $0.00 price on a Form 4 usually means the shares were transferred (for example, distributed to employees) rather than sold on the market; any employee sales to cover taxes would be separate. Because HSKB Funds II is a 10% institutional owner, this filing documents an institutional distribution event rather than an individual insider's buy/sell decision.