Zoom (ZM) director gets 3,012 RSUs and exercises 3,583 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zoom Communications, Inc. director Herbert Raymond McMaster reported equity compensation activity. He received a grant of 3,012 Restricted Stock Units, each representing a contingent right to one share of Class A Common Stock.
On a separate date, 3,583 RSUs were exercised into 3,583 shares of Class A Common Stock, leaving him with 11,484 shares held directly after the transactions. The new 3,012-unit award will vest 100% on the first anniversary of the grant or immediately before the next annual meeting, whichever comes first.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,583 shares exercised/converted
Mixed
3 txns
Insider
McMaster Herbert Raymond
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 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,012 shares (Direct, null);
Class A Common Stock — 11,484 shares (Direct, null)
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).
Key Figures
RSU grant: 3,012 units
RSUs exercised: 3,583 units
Shares after transactions: 11,484 shares
+1 more
4 metrics
RSU grant
3,012 units
Restricted Stock Units granted to director
RSUs exercised
3,583 units
RSUs converted into Class A Common Stock
Shares after transactions
11,484 shares
Class A Common Stock held directly post-transaction
RSU-to-share ratio
1:1
Each RSU represents one Class A share
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, vest
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.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share..."
vest financial
"100% of which will vest on the first anniversary date of the grant..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transactions did Zoom (ZM) director Herbert McMaster report?
Herbert Raymond McMaster reported receiving 3,012 Restricted Stock Units and exercising 3,583 RSUs into 3,583 shares of Class A Common Stock. These actions increased his direct share ownership in Zoom Communications, Inc. as part of routine equity compensation, with no open-market buys or sells disclosed.
What are the terms of Herbert McMaster’s new 3,012 RSU award from Zoom (ZM)?
The 3,012 Restricted Stock Units granted to Herbert Raymond McMaster each represent a contingent right to receive one Zoom Class A share. The entire award vests 100% on the first anniversary of the grant date or the day immediately before the next annual meeting following the grant, whichever occurs first.
What does exercising 3,583 Restricted Stock Units mean for Zoom (ZM) director McMaster?
Exercising 3,583 Restricted Stock Units converted those derivative awards into 3,583 shares of Zoom Class A Common Stock for Herbert Raymond McMaster. This shifts value from a contingent equity right into actual shares, increasing his direct stock ownership disclosed after the transaction.