Zoom (ZM) director Subotovsky gets 3,012 RSUs and lifts Class A stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zoom Communications director Santiago Subotovsky reported equity awards and conversions. On June 11 2026, he received 3,012 Restricted Stock Units, each representing one share of Class A Common Stock, which will vest fully on the first anniversary of the grant or immediately before the next annual meeting.
On June 10 2026, 3,583 Restricted Stock Units were converted into 3,583 shares of Class A Common Stock, bringing his direct Class A holdings to 141,191 shares. Separately, 2,928,046 shares of Class B Common Stock are held indirectly through funds including Emergence Capital Partners III and EZP Opportunity; these are convertible 1-for-1 into Class A and have no expiration date. Subotovsky is associated with these entities but disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,583 shares exercised/converted
Mixed
4 txns
Insider
Subotovsky Santiago
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,012 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,583 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,583 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,012 shares (Direct, null);
Class A Common Stock — 141,191 shares (Direct, null);
Class B Common Stock — 2,928,046 shares (Indirect, See footnote)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock. 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). Each share of Class B Common Stock is convertible at the option of Emergence Capital Partners III, L.P. ("Emergence") and EZP Opportunity, L.P. ("EZP"), as applicable, into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by Emergence and EZP, as applicable, will automatically convert into one share of Class A Common Stock upon any transfer by Emergence and EZP, as applicable, except certain "Permitted Transfers" described in the Issuer's certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) six months following the death or incapacity of Mr. Yuan, (ii) six months following the date that Mr. Yuan ceases providing services to the Issuer, (iii) the date specified by the holders of a majority of the shares of Class B Common Stock, and (iv) the 15-year anniversary of the closing of the Issuer's initial public offering. Shares held directly by Emergence. The sole general partner of Emergence is Emergence Equity Partners III, L.P. ("EEP III"), and the sole general partner of EEP III is Emergence GP Partners, LLC ("EGP"). The Reporting Person is a member of EEP III. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by Emergence, except to the extent, if any, of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such shares for Section 16 or any other purpose.
Key Figures
RSU grant: 3,012 units
RSUs converted: 3,583 units
Direct Class A holdings: 141,191 shares
+2 more
5 metrics
RSU grant
3,012 units
Restricted Stock Units awarded on June 11 2026
RSUs converted
3,583 units
RSUs exercised into Class A Common Stock on June 10 2026
Direct Class A holdings
141,191 shares
Class A Common Stock held directly after June 10 2026
Indirect Class B holdings
2,928,046 shares
Class B Common Stock held indirectly via Emergence and EZP
Class B conversion ratio
1-for-1
Each Class B share convertible into one Class A share
Key Terms
Restricted Stock Units, Class B Common Stock, Section 16 beneficial ownership, pecuniary interest
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
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 B Common Stock financial
"Each share of Class B Common Stock is convertible at the option of Emergence"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Section 16 beneficial ownership regulatory
"The Reporting Person disclaims Section 16 beneficial ownership of the shares"
pecuniary interest financial
"except to the extent, if any, of his pecuniary interest therein"
FAQ
What insider transactions did Zoom (ZM) director Santiago Subotovsky report?
Santiago Subotovsky reported receiving 3,012 Restricted Stock Units and converting 3,583 RSUs into Class A Common Stock. These actions increased his direct Class A holdings to 141,191 shares, while also disclosing significant indirect holdings of Class B shares through investment funds.
How many Restricted Stock Units did Zoom (ZM) grant to director Santiago Subotovsky?
Zoom granted Santiago Subotovsky 3,012 Restricted Stock Units, each representing one Class A share. The award vests 100% on the first anniversary of the grant, or earlier on the day immediately before the next annual shareholder meeting following the grant date, whichever comes first.
When do Santiago Subotovsky’s new Zoom (ZM) RSUs vest and what do they convert into?
The 3,012 Restricted Stock Units vest in full on the first anniversary of the grant or just before the next annual meeting. Each RSU represents a contingent right to receive one share of Zoom’s Class A Common Stock upon vesting, adding to his direct equity stake.
What indirect Zoom (ZM) holdings are associated with Santiago Subotovsky through Emergence and EZP?
Entities including Emergence Capital Partners III and EZP Opportunity hold 2,928,046 shares of Class B Common Stock, convertible 1-for-1 into Class A. Subotovsky is a member of related general partners but disclaims Section 16 beneficial ownership except for any pecuniary interest in those fund-held shares.