Planned Class A stock sale by issuer (ZM) highlighted in Form 144

Rhea-AI Filing Summary

A holder of Class A common stock has filed a Form 144 notice to sell shares. The notice covers 107,869 shares of Class A common stock to be sold through Goldman Sachs & Co. LLC on or about 01/13/2026 on the NASD market. The table notes that 265,569,716 shares of Class A common stock were outstanding.

The securities to be sold include shares originally acquired on 06/22/2011 as founder’s Class B common stock, which will be converted into Class A common stock in connection with any sales, as well as shares acquired on 01/08/2026 as compensation in the form of restricted stock units. During the past three months, The 2018 Yuan and Zhang Revocable Trust sold multiple blocks of Class A common stock, including several 73,378-share transactions and other sales such as 33,692 shares, generating gross proceeds in the millions of dollars for each transaction.

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
Class A Common Stock	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	107869	8973622.11	265569716	01/13/2026	NASD

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 *
Class A Common Stock	06/22/2011	Founder's Class B common stock; Founder's Class B common stock to be converted to Class A common stock in connection with any sales	The Issuer			72615	06/22/2011	None
Class A Common Stock	01/08/2026	Acquired as compensation -- Restricted Stock Units	The Issuer			20434	01/08/2026	Compensation
Class A Common Stock	01/08/2026	Acquired as compensation -- Restricted Stock Units	The Issuer			14820	01/08/2026	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	10/23/2025	73378	6079543.41
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	11/03/2025	73378	6321426.65
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	11/04/2025	73378	6175389.75
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	11/17/2025	73378	6070481.22
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	11/18/2025	73378	5963070.51
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	12/02/2025	73378	6273796.99
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	12/03/2025	73378	6282947.22
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	12/15/2025	73378	6387481.52
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	12/16/2025	73378	6404945.49
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	10/13/2025	33692	2687368.26
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	10/22/2025	73383	6065347.11

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

How many ZM Class A shares are covered by this Form 144 notice?

The notice covers 107,869 shares of Class A common stock to be sold.

Which broker is handling the planned sale of ZM Class A shares?

The planned sale is to be executed through Goldman Sachs & Co. LLC, 200 West Street, New York, NY 10282.

When is the approximate sale date for the ZM Class A shares under this Form 144?

The approximate sale date listed is 01/13/2026.

How many ZM Class A shares were outstanding according to this notice?

The table states that 265,569,716 shares of Class A common stock were outstanding.

How were the ZM securities covered by this Form 144 originally acquired?

The securities include shares from founder’s Class B common stock acquired on 06/22/2011 that will convert to Class A upon sale, and shares acquired as compensation via restricted stock units on 01/08/2026.

What ZM share sales occurred in the past three months related to this Form 144?

The past three months section lists multiple sales of Class A common stock by The 2018 Yuan and Zhang Revocable Trust, including several 73,378-share transactions and other blocks such as 33,692 shares, each with gross proceeds reported in the millions of dollars.