Zoom (ZM) engineering & product president receives 4,845 performance RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zoom Communications, Inc. reported that Pres. of Engineering & Product Velchamy Sankarlingam acquired a grant of 4,845 performance-vesting RSUs on February 27, 2026, at a price of $0.00 per unit. Each unit represents a contingent right to receive one share of Class A common stock.
The award’s performance criteria were certified on February 27, 2026, and the units are also subject to service-based vesting scheduled for April 9, 2026, contingent on continued service. Following this and prior awards, he now holds several RSU grants with post-transaction balances of 19,649, 29,565, and 269,772 RSUs from earlier multi-year vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Sankarlingam Velchamy
Role
Pres. of Engineering & Product
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-vesting RSU | 4,845 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Performance-vesting RSU — 4,845 shares (Direct);
Restricted Stock Units — 19,649 shares (Direct)
Footnotes (1)
- Each performance-vesting restricted stock unit (the performance-vesting RSU) represents a contingent right to receive one share of Issuers Class A Common Stock. Represents performance-vesting RSUs previously granted to the Reporting Person, which were subject to vesting upon certification by the Compensation Committee of the Companys achievement of certain performance metrics and determination of the number of performance-vesting RSUs that were eligible to vest, which determination occurred on February 27, 2026. The performance-vesting RSU is also subject to a service-based vesting requirement and will vest on April 9, 2026, subject to the Reporting Persons Continuous Service (as defined in the Issuers 2019 Equity Incentive Plan) on the vesting date. 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 on September 12, 2023, which will vest in equal quarterly installments over three years. The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years. The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024.
FAQ
What insider transaction did Zoom (ZM) report for Velchamy Sankarlingam?
Zoom reported that Velchamy Sankarlingam received a grant of 4,845 performance-vesting RSUs on February 27, 2026. These units were awarded at $0.00 per unit and each represents a contingent right to receive one share of Zoom’s Class A common stock.
How do the new performance-vesting RSUs for ZM’s executive vest?
The 4,845 performance-vesting RSUs vest after performance certification and a service period. Performance metrics were certified on February 27, 2026, and the units are scheduled to vest on April 9, 2026, provided Velchamy Sankarlingam remains in continuous service with Zoom.
What does each RSU granted by Zoom (ZM) represent?
Each Zoom restricted stock unit represents a contingent right to receive one share of the company’s Class A common stock. The units convert into shares only upon satisfying vesting conditions such as time-based schedules or, for some awards, performance-vesting requirements set by the compensation committee.
What other RSU awards does Velchamy Sankarlingam hold at Zoom (ZM)?
After the reported transactions, Velchamy Sankarlingam holds several RSU awards with balances of 19,649, 29,565, and 269,772 units. These relate to prior grants from 2022, 2023, and 2024, each vesting in equal quarterly installments over multi-year periods.
When were the earlier Zoom (ZM) RSU awards to Sankarlingam granted and how do they vest?
Zoom granted RSU awards on September 9, 2022, September 12, 2023, and with vesting beginning July 9, 2024. These units vest in equal quarterly installments over three or four years, or in 16 quarterly installments, rewarding continued employment over time.