STOCK TITAN

Zoom Communications (ZM) director awarded 3,012 RSUs, now holds 15,098 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Zoom Communications, Inc. director William R. McDermott reported equity compensation and a routine option-style exercise. He received 3,012 Restricted Stock Units, each representing a contingent right to one share of Class A Common Stock, with 100% of the award vesting on the first anniversary of the grant or immediately before the next annual meeting following the grant date.

On a separate date, 3,583 Restricted Stock Units were exercised and converted into 3,583 shares of Class A Common Stock at no cash exercise price. Following these transactions, McDermott directly holds 15,098 shares of Zoom’s Class A Common Stock.

Positive

  • None.

Negative

  • None.
Insider McDermott William R
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 3,012 $0.00 --
Exercise Restricted Stock Units 3,583 $0.00 --
Exercise Class A Common Stock 3,583 $0.00 --
Holdings After Transaction: Restricted Stock Units — 3,012 shares (Direct, null); Class A Common Stock — 15,098 shares (Direct, null)
Footnotes (1)
  1. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock. The reporting person received an award of restricted stock units, 100% of which will vest on the first anniversary date of the grant (or, if sooner, the day immediately preceding the next annual meeting that occurs following the grant date).
RSU grant 3,012 units New Restricted Stock Units awarded to director
RSUs exercised 3,583 units RSUs converted into Class A Common Stock
Shares after transactions 15,098 shares Class A Common Stock directly held after reported events
RSU vesting 100% at first anniversary Full vesting on first anniversary or before next annual meeting
Restricted Stock Units financial
"The reporting person received an award of restricted stock units, 100% of which will vest..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
derivative security financial
"Transaction code M is described as an exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant, award, or other acquisition financial
"Transaction code A is defined as Grant, award, or other acquisition."
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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).
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*
McDermott William R

(Last)(First)(Middle)
55 ALMADEN BOULEVARD
SUITE 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
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 Stock06/10/2026M3,583A$015,098D
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
Restricted Stock Units(1)06/10/2026M3,583 (2) (2)Class A Common Stock3,583$00D
Restricted Stock Units(1)06/11/2026A3,012 (2) (2)Class A Common Stock3,012$03,012D
Explanation of Responses:
1. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
2. The reporting person received an award of restricted stock units, 100% of which will vest on the first anniversary date of the grant (or, if sooner, the day immediately preceding the next annual meeting that occurs following the grant date).
Remarks:
/s/ Cheree McAlpine, Attorney-in-Fact06/12/2026
** 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)

FAQ

What did William R. McDermott acquire in the latest Zoom (ZM) Form 4?

William R. McDermott received 3,012 Restricted Stock Units from Zoom, each representing a contingent right to one share of Class A Common Stock. He also exercised 3,583 previously granted RSUs into 3,583 Class A shares, increasing his direct equity position.

How many Zoom (ZM) shares does William R. McDermott hold after these transactions?

After the reported transactions, William R. McDermott directly holds 15,098 shares of Zoom Class A Common Stock. This reflects the exercise of 3,583 Restricted Stock Units into shares, along with his prior holdings, and does not include any remaining derivative awards in this filing.

What is the vesting schedule for William R. McDermott’s new 3,012 Zoom RSUs?

The 3,012 Restricted Stock Units granted to William R. McDermott will vest 100% on the first anniversary of the grant date, or, if earlier, the day immediately preceding the next annual meeting that occurs after the grant date, subject to the award’s standard conditions.

Did William R. McDermott buy or sell Zoom (ZM) shares on the open market?

The reported transactions do not show any open-market purchases or sales. They reflect a grant of 3,012 Restricted Stock Units and the exercise of 3,583 RSUs into Class A Common Stock, both treated as equity compensation and derivative conversion events rather than market trades.

What does each Zoom Restricted Stock Unit (RSU) represent for William R. McDermott?

Each Restricted Stock Unit granted to William R. McDermott represents a contingent right to receive one share of Zoom’s Class A Common Stock. Shares are delivered only upon vesting and settlement, aligning director compensation with the company’s share performance over time.