Zoom Communications, Inc. (ZM) CEO Yuan sells 57,824 shares in 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zoom Communications, Inc. CEO Eric S. Yuan, through a revocable trust where he and his spouse serve as cotrustees, reported open‑market sales totaling 57,824 shares of Class A common stock over July 13–14, 2026. The sales were executed in multiple tranches at weighted‑average prices including $92.53, $91.61 and $91.30 per share.
On each of those dates, 12,100 shares of Class B common stock were converted into Class A, for total conversions of 24,200 shares. Following these transactions, entities associated with Yuan indirectly held 22,998 Class A shares and 20,716,285 Class B shares. All reported sales were made under a Rule 10b5‑1 trading plan adopted on June 20, 2025.
Positive
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Negative
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 57,824 shares ($5,289,061)
Net Sell
10 txns
Insider
Yuan Eric S.
Role
Chief Executive Officer
Sold
57,824 shs ($5.29M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 12,100 | $0.00 | -- |
| Conversion | Class A Common Stock | 12,100 | $0.00 | -- |
| Sale | Class A Common Stock | 1,206 | $89.493 | $108K |
| Sale | Class A Common Stock | 7,293 | $90.5258 | $660K |
| Sale | Class A Common Stock | 3,601 | $91.2991 | $329K |
| Conversion | Class B Common Stock | 12,100 | $0.00 | -- |
| Conversion | Class A Common Stock | 12,100 | $91.684 | $1.11M |
| Sale | Class A Common Stock | 11,077 | $90.6235 | $1.00M |
| Sale | Class A Common Stock | 19,054 | $91.6082 | $1.75M |
| Sale | Class A Common Stock | 15,593 | $92.53 | $1.44M |
Holdings After Transaction:
Class B Common Stock — 20,716,285 shares (Indirect, See footnote);
Class A Common Stock — 35,098 shares (Indirect, See footnote)
Footnotes (1)
- The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 20, 2025. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.105 to $91.09. 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.11 to $92.10. 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.105 to $93.0975. 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.925 to $89.915. 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.93 to $90.92. 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.94 to $91.86. 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. Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon (a) other than Eric S. Yuan, the death of the Reporting Person, or (b) any transfer by the Reporting Person except certain "Permitted Transfers" described in the Issuer's certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) six months following the death or incapacity of Mr. Yuan, (ii) six months following the date that Mr. Yuan ceases providing services to the Issuer, (iii) the date specified by the holders of a majority of the shares of Class B Common Stock, and (iv) the 15-year anniversary of the closing of the Issuer's initial public offering.
Key Figures
Class A shares sold: 57,824 shares
Class B converted to Class A: 24,200 shares
Class A holdings after transactions: 22,998 shares
+4 more
7 metrics
Class A shares sold
57,824 shares
Open-market sales over July 13–14, 2026
Class B converted to Class A
24,200 shares
Derivative conversions (code C) on July 13–14, 2026
Class A holdings after transactions
22,998 shares
Indirect Class A position following July 14, 2026 activity
Class B holdings after transactions
20,716,285 shares
Indirect Class B position following July 14, 2026 conversion
Sale price, 15,593-share tranche
$92.5300 per share
Weighted-average price on July 13, 2026
Sale price, 19,054-share tranche
$91.6082 per share
Weighted-average price on July 13, 2026
Sale price, 3,601-share tranche
$91.2991 per share
Weighted-average price on July 14, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B Common Stock, Permitted Transfers, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at the option of the Reporting Person"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Permitted Transfers regulatory
"except certain "Permitted Transfers" described in the Issuer's certificate of incorporation"
Revocable Trust financial
"cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
FAQ
What insider transactions did Zoom Communications (ZM) report for CEO Eric Yuan?
Eric Yuan reported open-market sales of 57,824 Class A shares over July 13–14, 2026, and conversions of 24,200 Class B shares into Class A, all conducted indirectly through a revocable trust associated with him and his spouse.
Were Eric Yuan’s Zoom (ZM) stock sales made under a trading plan?
Yes. A footnote states the sales were effected under a Rule 10b5-1 trading plan adopted on June 20, 2025. Such plans pre-arrange trading instructions, reducing the significance of trade timing as an indicator of management sentiment.
What is the role of Class B Common Stock in Eric Yuan’s Zoom (ZM) holdings?
Yuan holds a large indirect position in Class B Common Stock, which is convertible 1:1 into Class A with no expiration. Footnotes explain automatic conversion events and certain “Permitted Transfers” defined in the company’s certificate of incorporation.