ZM Form 144: Insider to sell 33,956 restricted shares on NASDAQ

Rhea-AI Filing Summary

Zoom Communications, Inc. has a Form 144 notice reporting a proposed sale of 33,956 restricted common shares by an insider through Morgan Stanley Smith Barney LLC on 10/10/2025. The filing shows an aggregate market value of $2,784,317.30 based on the reported transaction and lists 299,289,364 shares outstanding. The securities were acquired as restricted stock from the issuer on 10/09/2025 and no other sales in the past three months are reported. The filer affirms they know of no undisclosed material adverse information and includes the standard signature and legal warnings on the form.

Positive

• Transparency of insider sale disclosed via Form 144 with broker and timing
• No prior sales in past three months reported for the selling person

Negative

• Insider sale of restricted shares totaling $2,784,317.30 may modestly increase float
• Shares were acquired and slated for sale within one day (10/09/2025 acquisition, 10/10/2025 proposed sale), which could draw investor attention

Insights

Insider Transactions Analyst

Insider plans to sell newly issued restricted shares totaling $2.78M.

The filing shows 33,956 restricted common shares were acquired from the issuer on 10/09/2025 and are proposed for sale on 10/10/2025 via Morgan Stanley Smith Barney LLC on Nasdaq. This is a straightforward Rule 144 notice indicating an insider is converting recently issued restricted stock into a public sale.

Primary dependencies include Rule 144 holding/transfer conditions and the broker execution; material investor signals to watch near term include the actual sale completion on 10/10/2025 and whether additional insider dispositions appear in subsequent filings.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	33956	2784317.30	299289364	10/10/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/09/2025	Restricted Stock	ISSUER			33956	10/09/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Zoom (ZM) Form 144 report?

It reports a proposed sale of 33,956 restricted common shares valued at $2,784,317.30, to be sold via Morgan Stanley Smith Barney LLC on 10/10/2025.

Who acquired the shares being sold in the Form 144?

The shares were acquired as restricted stock from the issuer on 10/09/2025.

Does the filing show other sales by the insider in the past 3 months?

No; the filing states Nothing to Report for securities sold during the past three months.

Which broker is handling the proposed sale?

The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services, New York, NY.

How many shares outstanding does Zoom report in the Form 144?

The filing lists 299,289,364 shares outstanding.