Zoom (ZM) COO Aparna Bawa receives 4,845 performance-vesting RSUs award

Rhea-AI Filing Summary

Bawa Aparna reported acquisition or exercise transactions in this Form 4 filing.

Zoom Communications, Inc. Chief Operating Officer Aparna Bawa reported an equity award consisting of 4,845 performance-vesting restricted stock units (RSUs). These RSUs were granted at a price of $0.00 per unit and each RSU represents a right to receive one share of Class A common stock.

The performance-vesting RSUs became eligible to vest after the compensation committee certified achievement of certain performance metrics on February 27, 2026 and remain subject to service-based vesting, scheduled to vest on April 9, 2026 if continuous service conditions are met. The filing also shows existing time-based RSU awards from July 8, 2022 and July 11, 2023, which vest in equal quarterly installments over four and three years, respectively.

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

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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^*

Bawa Aparna

(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)
	Chief Operating Officer

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	23,926		23,926	D
Restricted Stock Units	(3)							(5)	(5)	Class A Common Stock	18,858		18,858	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 July 8, 2022, which will vest in equal quarterly installments over four years.

5. The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years.

Remarks:

	/s/ Aparna Bawa	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).
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FAQ

What insider transaction did Zoom (ZM) report for COO Aparna Bawa?

Zoom reported that COO Aparna Bawa received a grant of 4,845 performance-vesting RSUs. Each unit represents a right to one share of Class A common stock, awarded at $0.00 per unit, subject to both performance certification and continued service-based vesting conditions.

How do the new performance-vesting RSUs for Zoom (ZM) COO vest?

The 4,845 performance-vesting RSUs vest only after performance goals were certified on February 27, 2026 and a service condition is met. The units are scheduled to vest on April 9, 2026, provided Aparna Bawa maintains continuous service through that vesting date.

What existing RSU awards does Zoom (ZM) COO Aparna Bawa hold?

The filing notes RSU awards granted on July 8, 2022 and July 11, 2023. The 2022 award vests in equal quarterly installments over four years, while the 2023 award vests in equal quarterly installments over three years, assuming ongoing service with Zoom.

Did Zoom (ZM) COO Aparna Bawa buy or sell any shares in this Form 4?

The Form 4 reflects an acquisition of 4,845 performance-vesting RSUs as a grant, not an open-market share purchase or sale. There are no reported common stock buy or sell transactions, only equity awards and updated RSU holdings reported as of the transaction date.

What does each Zoom (ZM) performance-vesting RSU represent for the COO?

Each performance-vesting RSU represents a contingent right to receive one share of Zoom’s Class A common stock. The right becomes actual shares only if specified performance goals are certified as achieved and the service-based vesting requirement is satisfied on the scheduled vesting date.