Zoom executive exercises 20,751 RSUs, tax shares withheld
Zoom Communications, Inc. President of Engineering & Product Velchamy Sankarlingam had 20,751 restricted stock units vest on July 9, 2026, settling into the same number of Class A shares.
Rhea-AI Filing Summary
Zoom Communications, Inc. President of Engineering & Product Velchamy Sankarlingam had 20,751 restricted stock units vest on July 9, 2026, settling into the same number of Class A shares. 10,559 shares were withheld at $87.40 to cover tax obligations, leaving 166,606 shares held directly, plus indirect family and trust holdings and RSUs for 4,224 and 2,807 underlying shares.
Positive
- None.
Negative
- None.
Filing Explained
The July 9 filing records RSU vesting and tax withholding, leaving the reporting person with 156,047 directly held Class A shares after the reported transactions.
The
The filing identifies the acquisition with code M, which denotes an option or derivative exercise, and describes each restricted stock unit as a contingent right to receive one Class A share.
It identifies the withholding with code F, the code for shares withheld to satisfy taxes on vesting; after the reported transactions, it lists 166,606 directly held Class A shares after the M transaction and 156,047 after the F transaction.
The filing also reports 145,262 directly held restricted stock units after the M transaction, with that award vesting quarterly in 16 equal installments beginning on
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 20,751 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 20,751 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F2 | 10,559 | $87.40 | $923K |
| holding | Restricted Stock Units F3, F5 | -- | -- | -- |
| holding | Restricted Stock Units F3, F6 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (6)
- F1. Includes 432 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 which vest quarterly in 16 equal installments beginning on July 9, 2024.
- F5. The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.
- F6. The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.
Key Figures
Key Terms
Restricted Stock Units financial
Employee Stock Purchase Plan financial
tax withholding obligation financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Velchamy Sankarlingam report for Zoom (ZM)?
What RSU awards and vesting schedules does Sankarlingam have at Zoom (ZM)?
What ESPP purchases are included in Sankarlingam’s Zoom (ZM) holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.