Zoom director granted 3,012 RSUs, exercises 3,583
Zoom Communications, Inc. director Michael J. Fenger reported equity compensation activity.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Zoom Communications, Inc. director Michael J. Fenger reported equity compensation activity. He received a grant of 3,012 Restricted Stock Units, each representing one future share of Class A Common Stock, scheduled to vest 100% on the first anniversary of the grant or immediately before the next annual meeting following the grant date. He also exercised 3,583 Restricted Stock Units into 3,583 shares of Class A Common Stock, leaving him with 7,321 Class A shares held directly after the transactions.
Insider Trade Summary
3,583 shares exercised/converted
Exercise
3 txns
Insider
Fenger Michael J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,012 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,583 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,583 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 3,012 contracts (Direct);
Class A Common Stock — 7,321 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
- F2. The reporting person received an award of restricted stock units, 100% of which will vest on the first anniversary date of the grant (or, if sooner, the day immediately preceding the next annual meeting that occurs following the grant date).
Key Figures
RSUs granted: 3,012 units
RSUs exercised: 3,583 units
Shares after transaction: 7,321 shares
+1 more
4 metrics
RSUs granted
3,012 units
Award of Restricted Stock Units to director
RSUs exercised
3,583 units
Converted into Class A Common Stock
Shares after transaction
7,321 shares
Class A Common Stock held directly post‑transaction
RSU vesting
100% on first anniversary
Or day before next annual meeting after grant
Key Terms
Restricted Stock Units, Class A Common Stock, derivative security, annual meeting
4 terms
Restricted Stock Units financial
"The reporting person received an award of restricted stock units, 100% of which will vest..."
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.
Class A Common Stock financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's 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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
annual meeting financial
"or, if sooner, the day immediately preceding the next annual meeting that occurs following the grant date"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Zoom (ZM) director Michael J. Fenger report?
Michael J. Fenger reported an RSU grant and an RSU exercise. He received 3,012 Restricted Stock Units and exercised 3,583 Restricted Stock Units into 3,583 shares of Class A Common Stock, resulting in 7,321 Class A shares held directly afterward.
How many Restricted Stock Units did Michael J. Fenger receive from Zoom (ZM)?
Michael J. Fenger received 3,012 Restricted Stock Units. Each Restricted Stock Unit represents a contingent right to receive one share of Zoom’s Class A Common Stock, subject to the vesting schedule described in the award’s terms and related footnotes.
What is the vesting schedule for Michael J. Fenger’s new Zoom (ZM) RSU award?
The new RSU award vests in full after about one year. All 3,012 Restricted Stock Units will vest 100% on the first anniversary of the grant date, or earlier on the day immediately before the next annual meeting following the grant date.
What does the exercise of 3,583 Zoom (ZM) Restricted Stock Units mean?
The exercise converted RSUs into Class A Common Stock. Michael J. Fenger exercised 3,583 Restricted Stock Units, resulting in the issuance of 3,583 shares of Class A Common Stock and reducing those derivative holdings to zero for that specific RSU grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
