Zoom insider Form 4: COO’s 10/16/2025 stock sales disclosed

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Zoom Video Communications (ZM) insider transaction: Chief Operating Officer Aparna Bawa reported open‑market sales of Class A common stock on 10/16/2025 under a Rule 10b5‑1 trading plan adopted on June 4, 2025.

The filing lists two sales: 8,928 shares at a weighted average price of $79.6829, with trades ranging from $79.16 to $80.14; and 1,600 shares at a weighted average price of $80.2819, with trades ranging from $80.16 to $80.57. Following the transactions, the report shows indirect beneficial ownership positions of 3,578 shares and 1,978 shares, held of record by the Bawa Family Trust, for which the reporting person and spouse serve as trustees.

Insider Trade Summary

Net Seller: 10,528 shares ($839,860)

Net Sell 2 txns

Insider Bawa Aparna

Role Chief Operating Officer

Sold 10,528 shs ($840K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	8,928	$79.6829	$711K
Sale	Class A Common Stock	1,600	$80.2819	$128K

Holdings After Transaction: Class A Common Stock — 3,578 shares (Indirect, See footnote)

Footnotes (1)

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 4, 2025. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.16 to $80.14. 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. The shares are held of record by Rafik Bawa and Aparna Bawa, as Trustees of the Bawa Family Trust under agreement dated November 12, 2013, for which the Reporting Person and the Reporting Person's spouse serve as trustees. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.16 to 80.57. 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.

Form 4 Insider Transactions: What Each Field Means →

10/20/2025 - 07:24 PM

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).

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

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)
10/16/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	10/16/2025		S⁽¹⁾		8,928	D	$79.6829⁽²⁾	3,578	I	See footnote⁽³⁾
Class A Common Stock	10/16/2025		S⁽¹⁾		1,600	D	$80.2819⁽⁴⁾	1,978	I	See footnote⁽³⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 June 4, 2025.

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.16 to $80.14. 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 shares are held of record by Rafik Bawa and Aparna Bawa, as Trustees of the Bawa Family Trust under agreement dated November 12, 2013, for which the Reporting Person and the Reporting Person's spouse serve as trustees.

4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.16 to 80.57. 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/ Aparna Bawa, Attorney-in-Fact	10/20/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Zoom (ZM) disclose in this Form 4?

The COO, Aparna Bawa, reported sales of Class A common stock on 10/16/2025 under a Rule 10b5-1 trading plan adopted on June 4, 2025.

How many Zoom (ZM) shares were sold and at what prices?

Two sales: 8,928 shares at a weighted average price of $79.6829 (range $79.16–$80.14) and 1,600 shares at a weighted average price of $80.2819 (range $80.16–$80.57).

What is the relationship of the reporting person to Zoom (ZM)?

The reporting person is the Chief Operating Officer of Zoom Video Communications, Inc.

How are the remaining shares held after the transactions?

The filing shows indirect beneficial ownership of 3,578 shares and 1,978 shares held by the Bawa Family Trust, with the reporting person and spouse as trustees.

Was a Rule 10b5-1 plan used for these Zoom (ZM) sales?

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on June 4, 2025.

Were the reported prices exact or weighted averages?

Weighted averages. The filing provides price ranges for the multiple transactions within each sale and offers to supply detailed breakdowns upon request.