Zoom (ZM) engineering president details RSU vesting, tax withholding and share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zoom Communications, Inc. executive Velchamy Sankarlingam reported routine equity compensation activity involving Class A Common Stock and restricted stock units (RSUs). On June 9, 2026, he exercised derivatives and had shares withheld to cover taxes linked to RSU vesting.
The filing shows 7,030 shares of Class A Common Stock acquired through a derivative exercise at $0.00 per share, and 3,578 shares of Class A Common Stock withheld by the issuer at $101.15 per share to satisfy tax obligations. After these transactions, he directly held 145,423 shares of Class A Common Stock and 166,013 RSUs, each representing one share upon vesting.
The report also lists indirect holdings of Class A Common Stock held for family members and a family trust, including 2,000 shares for each of Janani, Ashwini, and Harshini Velchamy and 36,060 shares in the Velchamy Family Trust, providing context on his broader ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
7,030 shares exercised/converted
Mixed
9 txns
Insider
Sankarlingam Velchamy
Role
Pres. of Engineering & Product
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,223 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,807 | $0.00 | -- |
| Exercise | Class A Common Stock | 7,030 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 3,578 | $101.15 | $362K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,224 shares (Direct, null);
Class A Common Stock — 149,001 shares (Direct, null);
Class A Common Stock — 36,060 shares (Indirect, Velchamy Family Trust)
Footnotes (1)
- Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units. 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 on September 9, 2022, which will vest in equal quarterly installments over four years. The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years. The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024.
Key Figures
Shares withheld for taxes: 3,578 shares at $101.15
Shares acquired via exercise: 7,030 shares at $0.00
Direct Class A holdings: 145,423 shares
+3 more
6 metrics
Shares withheld for taxes
3,578 shares at $101.15
Class A Common Stock withheld to satisfy tax withholding obligation
Shares acquired via exercise
7,030 shares at $0.00
Class A Common Stock from derivative exercise on June 9, 2026
Direct Class A holdings
145,423 shares
Total Class A Common Stock directly held after transactions
Restricted Stock Units outstanding
166,013 RSUs
Each RSU represents a right to one Class A share
Family Trust holdings
36,060 shares
Class A Common Stock held by Velchamy Family Trust
Individual family holdings
2,000 shares each
Class A Common Stock for Janani, Ashwini, Harshini Velchamy
Key Terms
Restricted Stock Units, tax withholding obligation, derivative security, Family Trust, +1 more
5 terms
Restricted Stock Units financial
"The Reporting Person received an award of restricted stock units on September 9, 2022"
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.
tax withholding obligation financial
"Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting"
derivative security financial
"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.
Family Trust financial
"nature_of_ownership: "Velchamy Family Trust""
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
FAQ
What did Zoom (ZM) executive Velchamy Sankarlingam report in this Form 4?
He reported routine equity compensation activity, including RSU vesting and related share movements. The filing shows derivative exercises acquiring Class A Common Stock and issuer share withholding to cover tax obligations, without any open-market purchases or sales of Zoom shares.
What are Velchamy Sankarlingam’s direct Zoom (ZM) holdings after these transactions?
Following the reported transactions, he directly held 145,423 shares of Zoom Class A Common Stock. He also held 166,013 restricted stock units, each representing a contingent right to receive one Zoom Class A share as they vest over their stated schedules.
How do Velchamy Sankarlingam’s RSUs in Zoom (ZM) vest over time?
Footnotes state he received RSU awards granted in 2022 and 2023 vesting in equal quarterly installments over four and three years, respectively. Another RSU award vests quarterly in 16 equal installments beginning July 9, 2024, supporting ongoing equity-based compensation.