[144] Zoom Communications, Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 notice for Zoom Communications, Inc. (ZM) discloses a proposed sale of 2,595 shares of common stock through Morgan Stanley Smith Barney LLC on 09/10/2025 on NASDAQ. The shares were acquired as restricted stock from the issuer on 09/09/2025 and payment (if any) was noted as Not Applicable. The filing lists 299,289,364 shares outstanding and shows a prior sale by Velchamy Sankarlingam of 7,661 shares on 07/10/2025 for gross proceeds of $593,727.50. The aggregate market value for the proposed sale is reported as $220,808.55. The filer attests there is no undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small insider sale relative to shares outstanding suggests limited market impact.
The filing reports a proposed sale of 2,595 restricted shares with an aggregate market value of $220,808.55 and a prior sale of 7,661 shares yielding $593,727.50. Given the issuer's reported 299,289,364 shares outstanding, these transactions represent a de minimis percentage of the float and are unlikely to move the market or materially change ownership stakes. The timing—acquisition on 09/09/2025 and planned sale on 09/10/2025—indicates disposition of recently vested or granted restricted shares through a broker-dealer.
TL;DR: Filing appears procedural and compliant; no disclosed material nonpublic information.
The Form 144 includes required elements: broker details, number of shares, acquisition date, nature of acquisition (restricted stock), and prior sales in the last three months. The signer represents no undisclosed material adverse information, and the transaction is routed through a registered broker-dealer. From a governance perspective, the filing meets Rule 144 disclosure norms and does not indicate any apparent regulatory or disclosure issues based on the disclosed facts.