Zoom (ZM) CEO Eric Yuan details RSU vesting and taxes in Form 4 filing

Rhea-AI Filing Summary

Zoom Communications CEO Eric S. Yuan, who also serves as a director, reported equity award activity on January 8, 2026. Restricted stock units vested into 68,453 shares of Class A common stock, shown as indirectly held through the 2018 Yuan and Zhang Revocable Trust. To cover tax withholding on this vesting, 33,199 Class A shares were withheld by the company at a price of $86.63 per share, leaving 35,254 Class A shares indirectly held after the transaction.

Following these transactions, Yuan also reports 76,563 and 60,346 restricted stock units held directly from prior awards that vest over multi‑year schedules. In addition, he indirectly holds 20,885,700 shares of Class B common stock through the trust, which are convertible into Class A shares under conditions described in the company’s charter.

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)
01/08/2026

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
Class A Common Stock	01/08/2026		M		68,453	A	$0	68,453	I	See footnote(1)
Class A Common Stock	01/08/2026		F(2)		33,199	D	$86.63	35,254	I	See footnote(1)

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
Restricted Stock Units	(3)	01/08/2026		M			38,281	(4)	(4)	Class A Common Stock	38,281	$0	76,563	D
Restricted Stock Units	(3)	01/08/2026		M			30,172	(5)	(5)	Class A Common Stock	30,172	$0	60,346	D
Class B Common Stock	(6)							(6)	(6)	Class A Common Stock	20,885,700		20,885,700	I	See footnote(1)

Explanation of Responses:

1. 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.

2. Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.

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.

Remarks:

	/s/ Aparna Bawa, Attorney-in-Fact	01/12/2026
	** 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 insider activity did Zoom (ZM) report for Eric S. Yuan?

Zoom reported that Eric S. Yuan, its Chief Executive Officer and director, had restricted stock units vest on January 8, 2026, converting into 68,453 shares of Class A common stock that are indirectly held through a revocable trust.

How many Zoom Class A shares were used for tax withholding in this Form 4?

The filing shows that 33,199 shares of Zoom Class A common stock were withheld by the issuer at $86.63 per share to satisfy tax withholding obligations related to the restricted stock unit vesting.

How are Eric Yuan’s Zoom shares held according to the Form 4 footnotes?

The Form 4 states that certain Class A and Class B shares are held of record by Zheng Yuan and Hongyu Zhang as cotrustees of the 2018 Yuan and Zhang Revocable Trust, for which Eric Yuan and his spouse serve as cotrustees, so these positions are reported as indirectly owned.

What restricted stock unit awards for Zoom does Eric Yuan still hold?

After the reported transactions, Yuan holds 76,563 restricted stock units from a July 8, 2022 award that vests in equal quarterly installments over four years and 60,346 restricted stock units from a July 11, 2023 award that vests in equal quarterly installments over three years.

How many Zoom Class B shares associated with Eric Yuan are disclosed?

The filing reports 20,885,700 shares of Class B common stock indirectly owned through the revocable trust. Each Class B share is convertible into one Class A share and has no expiration date, with automatic conversion triggers described in the company’s charter.

What do the transaction codes M and F mean in this Zoom Form 4?

Code M indicates the settlement of derivative securities, here restricted stock units converting into Class A shares. Code F indicates shares withheld by the issuer to pay tax obligations arising from the vesting of those restricted stock units.