[Form 3] Zoom Communications, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Kimberly J. McGarry, Chief Accounting Officer of Zoom Communications, Inc. (ZM), reported beneficial ownership of 49,944 restricted stock units (RSUs) that convert into Class A common stock. One-quarter of the award vests on July 9, 2026, with the remainder vesting in 12 equal quarterly installments thereafter, subject to continuous service and acceleration on certain change-in-control terminations. Each RSU represents a contingent right to one share of Class A common stock.

Positive

• Alignment with shareholders: 49,944 RSUs tie the Chief Accounting Officer's compensation to company equity, supporting long‑term incentives
• Standard vesting and acceleration: Time‑based vesting with change‑in‑control acceleration is a common retention mechanism

Negative

• None.

Insights

Financial Analyst

TL;DR Reporting shows executive equity alignment through a time‑based RSU award of 49,944 shares, standard for retention and incentive.

The Form 3 discloses a time‑based restricted stock unit award to the Chief Accounting Officer that vests over multi‑year schedules with customary acceleration on certain change‑in‑control terminations. The award size (49,944 RSUs) signals routine executive compensation and alignment with shareholder interests rather than an immediate transfer of voting shares, because RSUs are contingent until conversion to Class A common stock.

Corporate Governance Expert

TL;DR Standard initial beneficial‑ownership filing that documents an equity grant and its vesting mechanics; governance implications are routine.

The filing records the initial statement of beneficial ownership for an officer and director, detailing vesting timing and acceleration provisions tied to change‑in‑control events. These terms are common in executive compensation plans and imply typical retention incentives; there are no disclosed unusual governance provisions or immediate material changes in control or ownership percentages.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

McGarry Kimberly J

(Last) (First) (Middle)

C/O ZOOM COMMUNICATIONS, INC.

55 ALMADEN BLVD., #600

(Street)

SAN JOSE CA 95113

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/14/2025

3. Issuer Name and Ticker or Trading Symbol
Zoom Communications, Inc. [ ZM ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	(1)	Class A Common Stock	49,944	(2)	D

Explanation of Responses:

1. The reporting person received an award of restricted stock units, 1/4 of which will vest on July 9, 2026 and the remaining units will vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2019 Equity Incentive Plan) on each such vesting date. The restricted stock units are subject to accelerated vesting in the event of a termination of employment of the Reporting Person under certain circumstances in connection with a change in control of the Issuer.

2. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock.

Remarks:

	/s/ Aparna Bawa, Attorney-in-Fact	08/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Kimberly J. McGarry report on the Form 3 for ZM?

She reported ownership of 49,944 restricted stock units (RSUs) that convert into Class A common stock upon vesting.

When do the RSUs begin vesting and how is the schedule structured?

One‑quarter vests on July 9, 2026, with the remaining RSUs vesting in 12 equal quarterly installments thereafter, subject to continuous service.

Do the RSUs convert into shares of Class A common stock?

Yes. Each RSU represents a contingent right to receive one share of the issuer's Class A common stock upon vesting.

Are there acceleration provisions for the RSUs?

Yes. The RSUs are subject to accelerated vesting in certain termination circumstances in connection with a change in control of the issuer.

What role does the reporting person hold at Zoom (ZM)?

Kimberly J. McGarry is identified as Chief Accounting Officer and the Form 3 indicates director/officer relationship to the issuer.