Zoom director Subotovsky sells 2,637 shares

Each reported sale has its own weighted-average price and execution range.

Available on EDGAR 11/09/2026 - 06:54 PM EST Accepted by SEC EDGAR 11/09/2026 - 06:53 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Zoom Communications, Inc. (ZM) director Santiago Subotovsky reported sales of 2,637 Class A Common Stock shares on November 5, 2026, across three transactions: 1,539 shares at a weighted average price of $88.9846, 574 at $89.9144, and 524 at $90.8370 per share. The sales were effected under a Rule 10b5-1 trading plan adopted January 13, 2026. The footnotes give execution price ranges of $88.4875 to $89.375, $89.49 to $90.465, and $90.515 to $91.455, respectively.

Insider Trade Summary 10b5-1

Net Seller: 2,637 shares

Net Sell 3 txns

Insider Subotovsky Santiago

Role Director

Sold 2,637 shs ($236K)

Share of Position Sold 2.3%

Type	Security	Shares	Price	Value
Sale	Class A Common Stock F1, F2	1,539	$88.9846	$137K
Sale	Class A Common Stock F1, F3	574	$89.9144	$52K
Sale	Class A Common Stock F1, F4	524	$90.837	$48K

Holdings After Transaction: Class A Common Stock — 113,875 shares (Direct)

Holdings Before and After: Class A Common Stock, 116,512 to 113,875 shares (Direct)

Other Insiders: 4 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (4)

1. F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 13, 2026
2. F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.4875 to $89.375. 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.
3. F3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.49 to $90.465. 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 $90.515 to $91.455. 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.

Key Figures

Shares sold: 2,637 shares Shares sold: 1,539 shares Weighted average sale price: $88.9846 per share +4 more

7 metrics

Shares sold 2,637 shares Reported across three transactions on November 5, 2026

Shares sold 1,539 shares Transaction on November 5, 2026

Weighted average sale price $88.9846 per share Transaction on November 5, 2026

Shares sold 574 shares Transaction on November 5, 2026

Weighted average sale price $89.9144 per share Transaction on November 5, 2026

Shares sold 524 shares Transaction on November 5, 2026

Weighted average sale price $90.8370 per share Transaction on November 5, 2026

Key Terms

Rule 10b5-1 trading plan, weighted average price, prices ranging from

3 terms

Rule 10b5-1 trading plan regulatory

"under 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.

prices ranging from financial

"shares were sold in multiple transactions at prices ranging from"

FAQ

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

How many ZM shares did director Santiago Subotovsky sell, and at what prices?

Santiago Subotovsky reported selling 2,637 shares on November 5, 2026: 1,539 at a weighted average of $88.9846, 574 at $89.9144, and 524 at $90.8370 per share. The sales were effected under a Rule 10b5-1 trading plan adopted January 13, 2026.

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

Form 4 Insider Transactions: What Each Field Means →

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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).

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^*

Subotovsky Santiago

(Last) (First) (Middle)

C/O ZOOM COMMUNICATIONS, INC.

55 ALMADEN BLVD, #600

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	11/05/2026		S(1)		1,539	D	$88.9846(2)	114,973	D
Class A Common Stock	11/05/2026		S(1)		574	D	$89.9144(3)	114,399	D
Class A Common Stock	11/05/2026		S(1)		524	D	$90.837(4)	113,875	D

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

Explanation of Responses:

1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 13, 2026

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.4875 to $89.375. 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.

3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.49 to $90.465. 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 $90.515 to $91.455. 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.

Remarks:

	/s/ Cheree McAlpine, Attorney-in-Fact	11/09/2026
	** 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.
* Form 4: SEC 1474 (03-26)