Zoom CAO exercises RSUs, shares withheld for tax
Zoom Communications, Inc. Chief Accounting Officer Kimberly J. McGarry converted 12,486 restricted stock units into Class A common stock on July 9, 2026.
Rhea-AI Filing Summary
Zoom Communications, Inc. Chief Accounting Officer Kimberly J. McGarry converted 12,486 restricted stock units into Class A common stock on July 9, 2026. Of the resulting shares, 5,532 were withheld by the issuer at $87.40 per share to satisfy tax obligations. Following these transactions, she holds 7,300 shares of Class A common stock directly and 37,458 restricted stock units, each representing a right to receive one share upon settlement. Her direct holdings include 346 shares acquired through the 2019 Employee Stock Purchase Plan at 85% of the June 12, 2026 closing price.
Positive
- None.
Negative
- None.
Filing Explained
The July 9 Form 4 records RSU vesting and tax withholding, leaving the reporting officer with 7,300 direct Class A shares.
The
Under the supplied Form 4 definitions, code M denotes an option or derivative exercise and code F denotes shares withheld to cover taxes on vesting; the filing marks these transactions M and F, respectively.
The filing says each restricted stock unit represents a contingent right to receive one Class A share, reports 12,486 units in the transaction and 37,458 units remaining, and states that one-quarter of the award vested on
The filing also states that 346 of the acquired shares came from the employee stock purchase plan and were purchased at
The remaining 37,458 restricted stock units are scheduled to vest in equal quarterly installments thereafter, subject to continuous service, with accelerated vesting available in certain termination circumstances connected with a change in control.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 12,486 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 12,486 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F2 | 5,532 | $87.40 | $483K |
Footnotes (4)
- F1. Includes 346 shares of Class A Common Stock purchased pursuant to the Zoom Video Communications, Inc. 2019 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 13, 2025 to June 12, 2026. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of Issuer's Class A Common Stock on June 12, 2026.
- F2. Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
- F3. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
- F4. 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 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.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligation financial
Employee Stock Purchase Plan financial
Continuous Service financial
change in control financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Zoom (ZM) CAO Kimberly McGarry report on July 9, 2026?
What are Kimberly McGarry’s Zoom (ZM) holdings after these transactions?
What does the RSU vesting schedule look like for Kimberly McGarry at Zoom (ZM)?
AI-generated analysis. How Rhea-AI works. Not financial advice.