Zoom (ZM) CEO receives 561,588 RSUs and holds major Class B stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yuan Eric S. reported acquisition or exercise transactions in this Form 4 filing.
Zoom Communications, Inc. Chief Executive Officer Eric S. Yuan reported a large equity compensation award in the form of 561,588 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Class A Common Stock. The award was granted on April 9, 2026 and features a multi‑year vesting schedule: 8.3375% of the RSUs vest every three months from April 9, 2026 until 66.7% are vested by the second anniversary, then 5.55% every three months until 88.9% are vested by the third anniversary, and finally 2.775% every three months so the grant is fully vested on April 9, 2030.
Following this filing, Yuan also reports existing RSU positions covering 38,282 and 30,173 underlying shares of Class A Common Stock from prior awards granted in 2022 and 2023 that vest in equal quarterly installments. In addition, 20,837,285 shares of Class B Common Stock are held of record by the 2018 Yuan and Zhang Revocable Trust, for which Yuan and his spouse serve as cotrustees; each Class B share is convertible into one Class A share and has no expiration date. The filing reflects compensation and ownership structure updates rather than open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Yuan Eric S.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 561,588 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 561,588 shares (Direct);
Class B Common Stock — 20,837,285 shares (Indirect, See footnote)
Footnotes (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 ("RSUs") on April 9, 2026 which will vest as follows: 8.3375% of the RSUs shall vest every three months following April 9, 2026 (the "Vesting Commencement Date"), such that the RSU award is 66.7% vested on the second anniversary of the RSU Vesting Commencement Date. Thereafter, 5.55% of RSUs shall vest every three months such that the RSU award is 88.9% vested on the third anniversary of the RSU Vesting Commencement Date. Thereafter, 2.775% of RSUs shall vest every three months, such that the RSU award is fully vested on April 9, 2030. The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years. The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years. 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. 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.
Key Figures
New RSU grant: 561,588 units
Initial quarterly vesting rate: 8.3375%
Second-stage quarterly vesting rate: 5.55%
+4 more
7 metrics
New RSU grant
561,588 units
Awarded April 9, 2026; each unit for one Class A share
Initial quarterly vesting rate
8.3375%
Vests every three months from April 9, 2026 until 66.7% vested after two years
Second-stage quarterly vesting rate
5.55%
Vests every three months until 88.9% vested by third anniversary
Final quarterly vesting rate
2.775%
Vests every three months until fully vested on April 9, 2030
Prior RSU holding 1
38,282 underlying shares
Award granted July 8, 2022; vests in equal quarterly installments over four years
Prior RSU holding 2
30,173 underlying shares
Award granted July 11, 2023; vests in equal quarterly installments over three years
Class B shares via trust
20,837,285 shares
Held by the 2018 Yuan and Zhang Revocable Trust; convertible 1:1 into Class A
Key Terms
Restricted Stock Units, Class A Common Stock, Class B Common Stock, Revocable Trust, +1 more
5 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
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.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Revocable Trust financial
"shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
FAQ
What equity award did Zoom (ZM) CEO Eric Yuan report in this Form 4?
Eric Yuan reported a grant of 561,588 Restricted Stock Units, each representing a right to receive one share of Class A Common Stock. This is a compensation award with no purchase price, structured to vest over several years through April 9, 2030.
How do the new RSUs for Zoom (ZM) CEO Eric Yuan vest over time?
The 561,588 RSUs vest 8.3375% every three months from April 9, 2026 until 66.7% are vested after two years. Then 5.55% vest quarterly until 88.9% after three years, and 2.775% quarterly until fully vested on April 9, 2030.
What existing RSU awards does Zoom (ZM) CEO Eric Yuan still hold?
Eric Yuan reports remaining RSU awards covering 38,282 and 30,173 underlying Class A shares. The 2022 award vests in equal quarterly installments over four years, and the 2023 award vests in equal quarterly installments over three years, providing ongoing scheduled equity vesting.
Are the reported transactions by Zoom (ZM) CEO Eric Yuan open-market buys or sells?
The Form 4 reflects an RSU grant and updated holdings, not open-market purchases or sales. The 561,588 RSUs were granted as compensation, and the other entries describe remaining RSU positions and Class B Common Stock held through a revocable trust.