Zoom director sells 5,274 shares under plan

Zoom Communications, Inc. director Santiago Subotovsky reported open-market sales of Class A Common Stock.

Rhea-AI Filing Summary

Zoom Communications, Inc. director Santiago Subotovsky reported open-market sales of Class A Common Stock. On June 1, 2026, he sold a total of 5,274 shares across 11 transactions at weighted-average prices generally between about $103.58 and $113.615 per share, as detailed in the pricing footnotes.

The filing states these sales were made under a Rule 10b5-1 trading plan adopted on January 13, 2026, indicating they were pre-arranged rather than opportunistic trades.

Insider Trade Summary 10b5-1

Net Seller: 5,274 shares

Net Sell 11 txns

Insider Subotovsky Santiago

Role Director

Sold 5,274 shs ($579K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	269	$104.0295	$28K
Sale	Class A Common Stock	76	$104.8153	$8K
Sale	Class A Common Stock	926	$106.1141	$98K
Sale	Class A Common Stock	216	$107.0745	$23K
Sale	Class A Common Stock	244	$108.1536	$26K
Sale	Class A Common Stock	424	$109.1764	$46K
Sale	Class A Common Stock	56	$110.515	$6K
Sale	Class A Common Stock	1,386	$111.2433	$154K
Sale	Class A Common Stock	877	$111.9364	$98K
Sale	Class A Common Stock	772	$113.0261	$87K
Sale	Class A Common Stock	28	$113.615	$3K

Holdings After Transaction: Class A Common Stock — 137,608 shares (Direct)

Footnotes (12)

1. F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 13, 2026
2. F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.58 to $104.545. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
3. F3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.59 to $105.08. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
4. F4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.635 to $106.52. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
5. F5. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.67 to $107.555. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
6. F6. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.64 to $108.57. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
7. F7. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.62 to $109.40. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
8. F8. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.485 to $110.545. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
9. F9. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.665 to $111.57. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
10. F10. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.58 to $112.565. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
11. F11. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.605 to $113.39. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
12. F12. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.615 to $113.615. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

Key Figures

Shares sold: 5,274 shares Number of sale transactions: 11 transactions Highest reported sale price: $113.615 per share +3 more

6 metrics

Shares sold 5,274 shares Total Class A Common Stock sold on June 1, 2026

Number of sale transactions 11 transactions Open-market sales of Class A Common Stock

Highest reported sale price $113.615 per share Weighted-average price on one transaction line

Lowest price range value $103.58 per share Lower end of disclosed price range in footnotes

Rule 10b5-1 plan adoption date January 13, 2026 Date the pre-arranged trading plan was adopted

Net buy/sell direction Net sale of 5,274 shares transactionSummary netBuySellShares

Key Terms

Rule 10b5-1 trading plan, weighted average price, open-market sale, Class A Common Stock, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average price financial

"The price reported in column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Class A Common Stock financial

"security_title: Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Form 4 regulatory

"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Zoom (ZM) director Santiago Subotovsky report in this Form 4?

He reported selling 5,274 shares of Zoom Class A Common Stock in 11 open-market transactions on June 1, 2026. The trades were executed under a pre-arranged Rule 10b5-1 trading plan, according to the filing’s footnotes.

How many Zoom (ZM) shares did the director sell and at what prices?

The director sold 5,274 shares of Class A Common Stock. Weighted-average sale prices for the different trades ranged from about $103.58 up to $113.615 per share, with detailed price ranges for each group of transactions provided in the footnotes.

Were the Zoom (ZM) share sales by Subotovsky part of a Rule 10b5-1 plan?

Yes. The filing states the sales were made under a Rule 10b5-1 trading plan adopted on January 13, 2026. Such plans pre-schedule trades, which generally makes the timing more routine and less tied to short-term market developments.

What type of transactions did Zoom (ZM) director Subotovsky execute?

All reported transactions were open-market sales of Class A Common Stock, coded as “S” in the filing. The insider did not report any option exercises, gifts, or tax-withholding dispositions in this Form 4; only direct stock sales were disclosed.

Does this Zoom (ZM) Form 4 show any derivative or option activity?

No. The derivativeSummary is empty and the transaction list covers only non-derivative Class A Common Stock. There are no reported option exercises, conversions, or other derivative transactions associated with this particular Form 4 filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/03/2026 - 04:56 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Subotovsky Santiago

(Last) (First) (Middle)

C/O ZOOM COMMUNICATIONS, INC.

55 ALMADEN BLVD, #600

(Street)

SAN JOSE CALIFORNIA 95113

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/01/2026		S(1)		269	D	$104.0295(2)	142,613	D
Class A Common Stock	06/01/2026		S(1)		76	D	$104.8153(3)	142,537	D
Class A Common Stock	06/01/2026		S(1)		926	D	$106.1141(4)	141,611	D
Class A Common Stock	06/01/2026		S(1)		216	D	$107.0745(5)	141,395	D
Class A Common Stock	06/01/2026		S(1)		244	D	$108.1536(6)	141,151	D
Class A Common Stock	06/01/2026		S(1)		424	D	$109.1764(7)	140,727	D
Class A Common Stock	06/01/2026		S(1)		56	D	$110.515(8)	140,671	D
Class A Common Stock	06/01/2026		S(1)		1,386	D	$111.2433(9)	139,285	D
Class A Common Stock	06/01/2026		S(1)		877	D	$111.9364(10)	138,408	D
Class A Common Stock	06/01/2026		S(1)		772	D	$113.0261(11)	137,636	D
Class A Common Stock	06/01/2026		S(1)		28	D	$113.615(12)	137,608	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 13, 2026

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.58 to $104.545. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.59 to $105.08. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.635 to $106.52. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

5. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.67 to $107.555. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

6. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.64 to $108.57. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

7. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.62 to $109.40. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

8. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.485 to $110.545. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

9. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.665 to $111.57. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

10. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.58 to $112.565. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

11. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.605 to $113.39. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

12. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.615 to $113.615. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.

Remarks:

	/s/ Cheree McAlpine, Attorney-in-Fact	06/03/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)