Zoom (NASDAQ: ZM) CEO gets 6,460 new performance stock units

Rhea-AI Filing Summary

Yuan Eric S. reported acquisition or exercise transactions in this Form 4 filing.

Zoom Communications CEO Eric S. Yuan reported an award of 6,460 performance-vesting RSUs, each representing a contingent right to one share of Class A common stock. These units became eligible based on certified performance on February 27, 2026 and will vest on April 9, 2026, subject to his continuous service.

He also reports direct holdings of other restricted stock units granted in 2022 and 2023 that vest in equal quarterly installments, and an indirect holding of 20,837,285 shares of Class B common stock through a revocable trust for which he and his spouse serve as cotrustees.

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

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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^*

Yuan Eric S.

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive 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		6,460		(2)	(2)	Class A Common Stock	6,460	$0	6,460	D
Restricted Stock Units	(3)							(4)	(4)	Class A Common Stock	76,563		76,563	D
Restricted Stock Units	(3)							(5)	(5)	Class A Common Stock	60,346		60,346	D
Class B Common Stock	(6)							(6)	(6)	Class A Common Stock	20,837,285		20,837,285	I	See footnote(7)

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.

6. 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.

7. 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.

Remarks:

	/s/ Aparna Bawa, Attorney-in-Fact	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).
** 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.

FAQ

What did Zoom (ZM) CEO Eric Yuan report in this Form 4?

Eric Yuan reported receiving 6,460 performance-vesting restricted stock units, each convertible into one Zoom Class A share. The filing also updates his existing restricted stock unit positions and a large Class B common stock holding through a family revocable trust.

How do Eric Yuan’s new performance-vesting RSUs at Zoom (ZM) vest?

The 6,460 performance-vesting RSUs vest on April 9, 2026, if Eric Yuan remains in continuous service. They became eligible after the compensation committee certified achievement of specified performance metrics on February 27, 2026, adding a service-based requirement to the performance test.

What other restricted stock unit awards does Eric Yuan hold at Zoom (ZM)?

Eric Yuan holds RSUs awarded on July 8, 2022 that vest in equal quarterly installments over four years, and RSUs awarded on July 11, 2023 that vest in equal quarterly installments over three years. These awards are settled in Zoom Class A common stock as they vest.

How many Zoom (ZM) Class B shares are indirectly held through Eric Yuan’s trust?

The Form 4 shows 20,837,285 shares of Zoom Class B common stock held indirectly by a revocable trust. The shares are held of record by cotrustees Zheng Yuan and Hongyu Zhang, with Eric Yuan and his spouse serving as cotrustees of the 2018 Yuan and Zhang Revocable Trust.

Can Zoom (ZM) Class B shares held by Eric Yuan convert into Class A shares?

Each Zoom Class B share is convertible into one Class A share at Eric Yuan’s option, with no expiration. The Class B shares also automatically convert upon specified events, including certain transfers, changes in service, or a long-term time-based sunset after the initial public offering.