Zoom (ZM) director Subotovsky sells 2,475 shares under 10b5-1 plan

Rhea-AI Filing Summary

Zoom Communications, Inc. director Subotovsky Santiago reported selling a total of 2,475 shares of Class A common stock on February 5, 2026 in multiple open-market transactions. The shares were sold at weighted average prices ranging from $89.1934 to $92.1246 per share under a pre-arranged Rule 10b5-1 trading plan adopted on December 19, 2024.

After these sales, Subotovsky directly holds 155,917 Zoom shares and has an additional 2,388 shares held indirectly through the Subotovsky Mann Family Trust, where he serves as a trustee. The filing documents these trades and resulting ownership levels for investors.

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
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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).

X

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^*

Subotovsky Santiago

(Last) (First) (Middle)

C/O ZOOM COMMUNICATIONS, INC.

55 ALMADEN BLVD, #600

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026

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	02/05/2026		S(1)		846	D	$89.1934(2)	157,546	D
Class A Common Stock	02/05/2026		S(1)		554	D	$90.1845(3)	156,992	D
Class A Common Stock	02/05/2026		S(1)		722	D	$91.1027(4)	156,270	D
Class A Common Stock	02/05/2026		S(1)		353	D	$92.1246(5)	155,917	D
Class A Common Stock								2,388	I	see footnote(6)

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

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 December 19, 2024

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.735 to $89.70. 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 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.735 to $90.685. 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.

4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.775 to $91.725. 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.

5. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.76 to $92.665. 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.

6. Shares held directly by the Subotovsky Mann Family Trust, of which the Reporting Person is a trustee.

Remarks:

	/s/ Aparna Bawa, Attorney-in-Fact	02/09/2026
	** 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 transaction did Subotovsky Santiago report at Zoom (ZM)?

Subotovsky Santiago, a director of Zoom Communications, Inc., reported selling 2,475 Class A shares on February 5, 2026. The transactions occurred in several trades at weighted average prices between about $89.19 and $92.12 per share.

Was the Zoom (ZM) insider sale made under a 10b5-1 trading plan?

Yes. The Form 4 states the sales were effected under a Rule 10b5-1 trading plan adopted by Subotovsky Santiago on December 19, 2024. Such plans allow pre-scheduled trading, providing a structured framework for insider transactions over time.

How many Zoom (ZM) shares does Subotovsky Santiago own after these sales?

Following the reported sales, Subotovsky Santiago directly owns 155,917 shares of Zoom Class A common stock. In addition, 2,388 shares are held indirectly by the Subotovsky Mann Family Trust, of which he is a trustee.

What prices did the Zoom (ZM) director receive for the sold shares?

The filing reports weighted average prices for each trade block, ranging from $89.1934 to $92.1246 per share. Footnotes note these averages reflect multiple trades within narrower price ranges on February 5, 2026.

Does the Form 4 show any indirect holdings for the Zoom (ZM) director?

Yes. The Form 4 lists 2,388 Zoom shares as indirectly owned, described as held by the Subotovsky Mann Family Trust. The filing specifies that Subotovsky Santiago serves as a trustee of this family trust.

How is the Zoom (ZM) insider sale information aggregated in the Form 4?

The Form 4 breaks the sale into four reported transactions totaling 2,475 shares. Each row shows shares sold, the weighted average sale price, and updated direct share ownership, giving a clear picture of post-transaction holdings.