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Zoom (ZM) engineering & product president receives 4,845 performance RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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)
02/27/2026
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
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
Performance-vesting RSU (1) 02/27/2026 A 4,845 (2) (2) Class A Common Stock 4,845 $0 4,845 D
Restricted Stock Units (3) (4) (4) Class A Common Stock 19,649 8,421 D
Restricted Stock Units (3) (5) (5) Class A Common Stock 29,565 12,671 D
Restricted Stock Units (3) (6) (6) Class A Common Stock 269,772 186,765 D
Explanation of Responses:
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.
2. 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.
3. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
4. The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.
5. The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.
6. The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024.
Remarks:
/s/ Aparna Bawa, Attorney-in-Fact 03/03/2026
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

Does the recent Form 4 show any Zoom (ZM) insider share sales?

The Form 4 shows no reported sales by Velchamy Sankarlingam. It records an acquisition of 4,845 performance-vesting RSUs and updates on existing RSU holdings, which are compensation-related awards rather than open-market purchases or sales of Zoom common stock.
Zoom Communications Inc

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