Revocable trust for ZM (ZM) plans sale of 130,424 Class A shares

Rhea-AI Filing Summary

The 2018 Yuan and Zhang Revocable Trust plans to sell 130,424 shares of Class A Common Stock, using Goldman Sachs & Co. LLC as broker, with an aggregate market value of 11,983,357.12 and an approximate sale date of 07/13/2026 on the NASD. Shares outstanding are 264,645,644; this is a baseline figure, not the amount being offered.

The shares to be sold include 96,800 originally acquired as Founder's Class B common stock on 06/22/2011 that will convert to Class A upon sale, plus 18,804 and 14,820 Class A shares acquired as compensation through Restricted Stock Units on 07/08/2026. The trust previously sold multiple Class A blocks between 04/13/2026 and 06/03/2026, including 33,623 shares for 2,730,691.95 on 04/13/2026.

Key Figures

Shares to be sold: 130,424 shares Aggregate market value: 11,983,357.12 Shares outstanding: 264,645,644 shares +4 more

7 metrics

Shares to be sold 130,424 shares Planned sale of Class A Common Stock via broker Goldman Sachs & Co. LLC

Aggregate market value 11,983,357.12 Aggregate market value of 130,424 Class A shares to be sold

Shares outstanding 264,645,644 shares Number of Class A Common shares outstanding listed in the notice

Founder's Class B conversion block 96,800 shares Founder's Class B common stock acquired 06/22/2011 to be converted to Class A for sale

RSU compensation block 1 18,804 shares Class A shares acquired as compensation via Restricted Stock Units on 07/08/2026

RSU compensation block 2 14,820 shares Additional Class A shares acquired as compensation via Restricted Stock Units on 07/08/2026

Prior sale on 04/13/2026 33,623 shares for 2,730,691.95 Class A shares sold by the trust on 04/13/2026

Key Terms

Securities Information, Securities To Be Sold, Founder's Class B common stock, Restricted Stock Units, +1 more

5 terms

Securities Information regulatory

"144: Securities Information Class A Common Stock | Goldman Sachs & Co."

Securities To Be Sold regulatory

"144: Securities To Be Sold Class A Common Stock | 06/22/2011 | Founder's"

Founder's Class B common stock financial

"06/22/2011 | Founder's Class B common stock; Founder's Class B common"

Restricted Stock Units financial

"Acquired as compensation -- Restricted Stock Units | The Issuer"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Revocable Trust financial

"The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 07/13/2026 - 04:57 PM Accepted by SEC EDGAR 07/13/2026 - 04:57 PM Learn about SEC filing dates

FAQ

What volume of ZM Class A shares is the trust planning to sell?

The 2018 Yuan and Zhang Revocable Trust plans to sell 130,424 Class A Common shares. The planned transaction has an aggregate market value of 11,983,357.12 and is expected around 07/13/2026 through Goldman Sachs & Co. LLC on the NASD.

How many ZM shares are outstanding compared with the shares to be sold?

The notice lists 264,645,644 shares outstanding of Class A Common Stock. The trust’s planned sale of 130,424 shares is measured against this baseline figure, which represents total outstanding shares rather than the amount being offered.

What is the origin of the ZM shares the trust intends to sell?

The sale includes 96,800 shares from Founder's Class B common stock acquired on 06/22/2011, which will convert to Class A on sale, plus 18,804 and 14,820 Class A shares acquired as compensation through Restricted Stock Units on 07/08/2026.

Has the 2018 Yuan and Zhang Revocable Trust recently sold ZM shares?

Yes. Over the past three months, the trust sold several blocks of Class A Common Stock, including 33,623 shares for 2,730,691.95 on 04/13/2026 and other transactions between 04/13/2026 and 06/03/2026 at various values.

Which broker and exchange are involved in the planned ZM share sale?

The planned sale of 130,424 Class A shares will be executed through Goldman Sachs & Co. LLC, located at 200 West Street, New York, and is listed with the NASD as the securities exchange for the transaction.

What types of ZM equity awards are included in the planned sale?

The planned sale includes equity acquired as compensation via Restricted Stock Units, specifically 18,804 and 14,820 Class A shares credited on 07/08/2026, along with shares originating from Founder's Class B common stock that will convert to Class A when sold.

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	130424	11983357.12	264645644	07/13/2026	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			96800	06/22/2011	None
Class A Common Stock	07/08/2026	Acquired as compensation -- Restricted Stock Units	The Issuer			18804	07/08/2026	Compensation
Class A Common Stock	07/08/2026	Acquired as compensation -- Restricted Stock Units	The Issuer			14820	07/08/2026	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	04/13/2026	33623	2730691.95
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	04/13/2026	36300	2948148.06
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	04/14/2026	3173	260853.92
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	04/14/2026	12100	995033.82
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	05/04/2026	12100	1289910.82
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	05/05/2026	12100	1309583
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	06/02/2026	12100	1350435.02
The 2018 Yuan and Zhang Revocable Trust 55 Almaden Boulevard 6th Floor San Jose CA 95113	Class A Common Stock	06/03/2026	12100	1288593.13

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)