Zoom (NASDAQ: ZM) director awarded RSUs and exercises 3,583 shares
Rhea-AI Filing Summary
Zoom Communications, Inc. director Cindy L. Hoots reported equity compensation and a routine equity settlement. She received a grant of 3,012 Restricted Stock Units (RSUs) on June 11, 2026, each representing one share of Class A Common Stock. According to the terms, 100% of this award will vest on the first anniversary of the grant date, or earlier on the day immediately before the next annual meeting following the grant date. On June 10, 2026, she also exercised 3,583 RSUs, converting them into 3,583 shares of Class A Common Stock. After these transactions, she directly holds 13,626 shares of Class A Common Stock and 3,012 unvested RSUs. These are compensation-related grants and an exercise, with no open‑market buying or selling reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,583 shares
Net Buy
3 txns
Insider
Hoots Cindy L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,012 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,583 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,583 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 3,012 shares (Direct);
Class A Common Stock — 13,626 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
- F2. The reporting person received an award of restricted stock units, 100% of which will vest on the first anniversary date of the grant (or, if sooner, the day immediately preceding the next annual meeting that occurs following the grant date).
Key Figures
RSUs granted: 3,012 units
RSUs exercised: 3,583 units
Shares held after: 13,626 shares
+2 more
5 metrics
RSUs granted
3,012 units
Restricted Stock Units awarded to director on June 11, 2026
RSUs exercised
3,583 units
RSUs converted into Class A Common Stock on June 10, 2026
Shares held after
13,626 shares
Class A Common Stock directly owned following transactions
Unvested RSUs outstanding
3,012 units
RSUs scheduled to vest per award terms
RSU vesting condition
100% cliff vest
Vests on first anniversary or before next annual meeting
Key Terms
Restricted Stock Units, Class A Common Stock, Exercise or conversion of derivative security, Grant, award, or other acquisition
4 terms
Restricted Stock Units financial
"The reporting person received an award of restricted stock units, 100% of which will vest..."
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.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did Zoom (ZM) director Cindy Hoots report?
Cindy Hoots reported an equity grant and a routine equity settlement. She received 3,012 Restricted Stock Units and exercised 3,583 RSUs into Class A Common Stock, with no open‑market share sales disclosed.
How many RSUs did Zoom (ZM) grant to director Cindy Hoots?
Zoom granted Cindy Hoots 3,012 Restricted Stock Units. Each RSU represents the right to receive one share of Class A Common Stock, subject to vesting conditions tied to the first anniversary or the next annual meeting.
When do Cindy Hoots’ new RSUs in Zoom (ZM) vest?
The 3,012 Restricted Stock Units vest 100% on the first anniversary of the grant date. Vesting can occur sooner on the day immediately preceding the next annual meeting that follows the grant date, if that happens earlier.
What is the nature of the RSUs reported by Zoom (ZM) director Cindy Hoots?
Each Restricted Stock Unit is a contingent right to receive one share of Class A Common Stock. The award is part of director compensation and vests in full on the first anniversary or just before the next annual meeting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
