Giglio Robert Keith 4

What Happened

• Robert Keith Giglio, a director of ZoomInfo Technologies (GTM), had 19,551 derivative units converted/exercised on May 14, 2026 and those 19,551 shares were recorded as disposed at $0. On the same date he was granted 51,283 restricted stock units (RSUs) at $0. No cash proceeds or market sale prices are reported in the filing.
• This activity reflects vesting/conversion and a new equity award rather than an open-market purchase or sale; the transactions do not show cash proceeds.

Key Details

• Transaction date: May 14, 2026; Form 4 filed May 18, 2026 (timely filing).
• Reported items:
  • M (exercise/conversion): 19,551 shares acquired (conversion) and 19,551 shares disposed at $0 (derivative).
  • A (award/grant): 51,283 RSUs granted at $0 (derivative).
• Shares owned after the transactions: not specified in the provided filing summary.
• Relevant footnotes:
  • F1: Each RSU represents a contingent right to one share; RSUs may be settled in shares, cash, or a combination at the issuer’s discretion.
  • F2: The RSUs associated with the vested units vested on May 14, 2026 (the company’s annual meeting).
  • F3: The 51,283 RSU award vests on the earlier of May 14, 2027 or the next annual meeting.
• No 10b5-1 plan, tax-withholding detail, or late filing flag is indicated in the filing.

Context

• The M-code (exercise/conversion) and a simultaneous $0 disposition commonly reflect net settlement or withholding related to vested RSUs (i.e., conversion of RSUs into shares with some shares withheld), but the filing itself only shows conversion and a $0 disposition and does not state the exact withholding reason.
• The activity is primarily administrative (vesting and a new grant) rather than a market buy/sell that signals an active trading opinion.