Zoom (NASDAQ: ZM) engineering chief logs RSU vesting and share sales

Rhea-AI Filing Summary

Zoom Communications, Inc. executive Sankarlingam Velchamy reported multiple equity transactions involving Class A Common Stock. On January 9, 2026, 20,752 restricted stock units were converted into shares at an exercise price of $0, and 10,661 shares were withheld by the company at $85.65 to cover tax obligations. On the same date, his directly held stake increased to 154,411 shares before withholding.

On January 12, 2026, Velchamy sold 5,757 shares at a weighted average price of $86.34 and 1,811 shares at a weighted average price of $87.21, under a pre-arranged Rule 10b5-1 trading plan adopted on January 14, 2025, leaving him with 136,182 directly held shares. He also reports indirect holdings, including 36,060 shares held through the Velchamy Family Trust and additional 2,000-share positions held for three family members, as well as outstanding restricted stock unit awards that vest in scheduled quarterly installments.

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

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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^*

Sankarlingam Velchamy

(Last) (First) (Middle)

C/O ZOOM COMMUNICATIONS, INC.

55 ALMADEN BOULEVARD, 6TH FLOOR

(Street)

SAN JOSE CA 95113

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Pres. of Engineering & Product

3. Date of Earliest Transaction (Month/Day/Year)
01/09/2026

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

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

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

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	01/09/2026		M		20,752	A	$0	154,411	D
Class A Common Stock	01/09/2026		F(1)		10,661	D	$85.65	143,750	D
Class A Common Stock	01/12/2026		S(2)		5,757	D	$86.34(3)	137,993	D
Class A Common Stock	01/12/2026		S(2)		1,811	D	$87.21(4)	136,182	D
Class A Common Stock								36,060	I	Velchamy Family Trust
Class A Common Stock								2,000	I	By Harshini Velchamy
Class A Common Stock								2,000	I	By Ashwini Velchamy
Class A Common Stock								2,000	I	By Janani Velchamy

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
Restricted Stock Units	(5)	01/09/2026		M			20,752	(6)	(6)	Class A Common Stock	20,752	$0	186,765	D
Restricted Stock Units	(5)							(7)	(7)	Class A Common Stock	8,421		8,421	D
Restricted Stock Units	(5)							(8)	(8)	Class A Common Stock	12,671		12,671	D

Explanation of Responses:

1. Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.

2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 14, 2025

3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.79 to $86.78. 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 $86.79 to $87.44. 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. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.

6. The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024.

7. The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.

8. The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.

Remarks:

	/s/ Aparna Bawa, Attorney-in-Fact	01/13/2026
	** 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).
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FAQ

What insider transactions did ZM executive Sankarlingam Velchamy report?

He reported the conversion of 20,752 restricted stock units into Class A Common Stock on January 9, 2026, tax withholding of 10,661 shares at $85.65, and open-market sales of 5,757 shares at a weighted average of $86.34 and 1,811 shares at a weighted average of $87.21 on January 12, 2026.

How many Zoom (ZM) shares does Sankarlingam Velchamy own after these transactions?

Following the reported transactions, he directly owns 136,182 shares of Zoom Class A Common Stock. He also reports indirect holdings, including 36,060 shares held by the Velchamy Family Trust and 2,000 shares each held for Harshini, Ashwini, and Janani Velchamy.

Were the ZM share sales made under a Rule 10b5-1 trading plan?

Yes. The filing states that the January 12, 2026 sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 14, 2025.

What restricted stock unit (RSU) awards does the Zoom executive report?

The filing notes RSU awards where each unit represents a right to receive one share of Class A Common Stock. These include an award that vests quarterly in 16 equal installments beginning on July 9, 2024, an award granted on September 12, 2023 vesting quarterly over three years, and an award granted on September 9, 2022 vesting quarterly over four years.

What is Sankarlingam Velchamy’s role at Zoom Communications, Inc. (ZM)?

He is an officer of Zoom Communications, Inc., serving as President of Engineering & Product, according to the filing.

How are the weighted average sale prices for ZM shares described in the filing?

The filing explains that the reported prices of $86.34 and $87.21 are weighted average prices. The shares were sold in multiple transactions within ranges of $85.79–$86.78 and $86.79–$87.44, and detailed breakdowns are available upon request.