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Zoom CEO Yuan's trust sells 11,896 shares at $94.07

The chief executive's trust-held sales were made under a Rule 10b5-1 plan adopted June 20, 2025.

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Form Type
4

Rhea-AI Filing Summary

Zoom Communications, Inc. (ZM) Chief Executive Officer Eric S. Yuan reported conversion of 12,100 Class B shares into 12,100 Class A shares on October 5 and again on October 6, 2026, followed by sales of Class A shares held by the 2018 Yuan and Zhang Revocable Trust. On October 5, the trust sold 11,512 shares at a weighted-average price of $93.7206 per share and 588 shares at $94.2032; on October 6, it sold 11,896 shares at $94.0653 and 204 shares at $94.5935. The sales were effected under a Rule 10b5-1 trading plan Eric S. Yuan adopted June 20, 2025. Zheng Yuan and Hongyu Zhang are cotrustees of the trust; Eric S. Yuan and his spouse also serve as cotrustees.

Insider Yuan Eric S.
Role Chief Executive Officer
Sold 24,200 shs ($2.27M)
Approx. gross sale proceeds $2.27M
Type Security Shares Price Value
Conversion Class B Common Stock F7, F1 12,100 $0.00 $0.00
Conversion Class A Common Stock F1 12,100 $0.00 $0.00
Sale Class A Common Stock F2, F5, F1 11,896 $94.0653 $1.12M
Sale Class A Common Stock F2, F6, F1 204 $94.5935 $19K
Conversion Class B Common Stock F7, F1 12,100 $0.00 $0.00
Conversion Class A Common Stock F1 12,100 $0.00 $0.00
Sale Class A Common Stock F2, F3, F1 11,512 $93.7206 $1.08M
Sale Class A Common Stock F2, F4, F1 588 $94.2032 $55K
Holdings After Transaction: Class B Common Stock — 20,643,685 contracts (Indirect, See footnote); Class A Common Stock — 22,998 shares (Indirect, See footnote)
Footnotes (7)
  1. F1. 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.
  2. F2. 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.
  3. F3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.55 to $94.545. 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. F4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.55 to $94.645. 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. F5. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.18 to $96.175. 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.
  6. F6. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.18 to $97.06. 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.
  7. F7. 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.
Class B-to-Class A conversion 12,100 Class B shares converted into 12,100 Class A shares October 5, 2026
Class B-to-Class A conversion 12,100 Class B shares converted into 12,100 Class A shares October 6, 2026
Weighted-average sale price 11,512 shares at $93.7206 per share October 5, 2026
Weighted-average sale price 588 shares at $94.2032 per share October 5, 2026
Weighted-average sale price 11,896 shares at $94.0653 per share October 6, 2026
Weighted-average sale price 204 shares at $94.5935 per share October 6, 2026
Rule 10b5-1 trading plan financial
"pursuant to a Rule 10b5-1 trading plan"
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"
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.
automatic conversion financial
"will automatically convert into one share of Class A Common Stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What ZM share sales did the Yuan and Zhang trust report?

The trust reported four Class A share sales across October 5 and 6, 2026. On October 5, it sold 11,512 shares at a weighted-average price of $93.7206 per share and 588 shares at $94.2032; on October 6, it sold 11,896 shares at $94.0653 and 204 shares at $94.5935.

What price ranges applied to the ZM share sales?

The 11,512 shares sold on October 5, 2026, were sold in multiple transactions at prices ranging from $93.55 to $94.545; the 588 shares sold that date ranged from $94.55 to $94.645. On October 6, 11,896 shares ranged from $95.18 to $96.175, and 204 shares ranged from $96.18 to $97.06.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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).
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*
Yuan Eric S.

(Last)(First)(Middle)
C/O ZOOM COMMUNICATIONS, INC.
55 ALMADEN BOULEVARD, 6TH FLOOR

(Street)
SAN JOSE CALIFORNIA 95113

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Zoom Communications, Inc. [ ZM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock10/05/2026C12,100A$035,098ISee footnote(1)
Class A Common Stock10/05/2026S(2)11,512D$93.7206(3)23,586ISee footnote(1)
Class A Common Stock10/05/2026S(2)588D$94.2032(4)22,998ISee footnote(1)
Class A Common Stock10/06/2026C12,100A$035,098ISee footnote(1)
Class A Common Stock10/06/2026S(2)11,896D$94.0653(5)23,202ISee footnote(1)
Class A Common Stock10/06/2026S(2)204D$94.5935(6)22,998ISee footnote(1)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Common Stock(7)10/05/2026C12,100 (7) (7)Class A Common Stock12,100$020,655,785ISee footnote(1)
Class B Common Stock(7)10/06/2026C12,100 (7) (7)Class A Common Stock12,100$020,643,685ISee footnote(1)
Explanation of Responses:
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.
2. 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.
3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.55 to $94.545. 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 $94.55 to $94.645. 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.18 to $96.175. 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.
6. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.18 to $97.06. 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.
7. 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.
Remarks:
/s/ Cheree McAlpine, Attorney-in-Fact10/07/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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