Zoom director receives 3,012 RSUs, exercises 3,583
Zoom Communications, Inc. director Daniel Scheinman received a grant of 3,012 Restricted Stock Units, each representing one share of Class A common stock.
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Form Type
4
Rhea-AI Filing Summary
Zoom Communications, Inc. director Daniel Scheinman received a grant of 3,012 Restricted Stock Units, each representing one share of Class A common stock. These RSUs vest in full on the first anniversary of the grant or just before the next annual meeting. He also exercised 3,583 RSUs into Class A common shares, leaving 13,913 Class A shares held indirectly through the Dan & Zoe Scheinman Trust. Separate from these awards, family trusts continue to hold sizable Class B common stock positions that are convertible into Class A shares, and he retains a director stock option for 80,000 Class B shares at an exercise price of $10.79 per share expiring in late 2028.
Insider Trade Summary
3,583 shares exercised/converted
Exercise
6 txns
Insider
Scheinman Daniel
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 |
| holding | Director Stock Option (right to buy) | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,012 contracts (Direct);
Class A Common Stock — 13,913 shares (Indirect, See footnote);
Director Stock Option (right to buy) — 80,000 contracts (Direct);
Class B Common Stock — 1,564,255 contracts (Indirect, See footnote)
Footnotes (6)
- F1. The shares are held of record by Dan & Zoe Scheinman Trust Dated 2/23/01, for which the Reporting Person serves as trustee.
- F2. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
- F3. 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).
- F4. 1/48 of the shares subject to the option vests in equal monthly installments commencing one month from November 29, 2018. The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase.
- F5. 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.
- F6. The shares are held of record by The 2017 Scheinman Irrevocable Trust ("2017 Scheinman Trust"). The trustee for 2017 Scheinman Trust is Neuberger Berman Trust Company of Delaware N.A. The Reporting Person's family members are beneficiaries under the 2017 Scheinman Trust.
Key Figures
RSU grant: 3,012 units
RSUs exercised: 3,583 units
Class A shares held: 13,913 shares
+5 more
8 metrics
RSU grant
3,012 units
Restricted Stock Units awarded on June 11, 2026
RSUs exercised
3,583 units
RSUs converted into Class A Common Stock on June 10, 2026
Class A shares held
13,913 shares
Indirect Class A Common Stock holding following RSU exercise
Trust Class B position 1
437,974 underlying shares
Class B Common Stock convertible into Class A via Dan & Zoe Scheinman Trust
Trust Class B position 2
1,126,281 underlying shares
Class B Common Stock convertible into Class A via 2017 Scheinman Irrevocable Trust
Director stock option size
80,000 shares
Option for Class B Common Stock held directly
Director option exercise price
$10.79 per share
Exercise price for 80,000-share director stock option
Director option expiration
November 29, 2028
Expiration date of director stock option
Key Terms
Restricted Stock Unit, Class B Common Stock, early exercisable, Permitted Transfers, +1 more
5 terms
Restricted Stock Unit financial
"The reporting person received an award of restricted stock units, 100% of which will vest on the first anniversary date of the grant"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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.
early exercisable financial
"The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase"
Permitted Transfers financial
"any transfer by the Reporting Person except certain "Permitted Transfers" described in the Issuer's certificate of incorporation"
initial public offering financial
"the 15-year anniversary of the closing of the Issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Zoom (ZM) director Daniel Scheinman report?
Daniel Scheinman reported a grant of 3,012 Restricted Stock Units and the exercise of 3,583 RSUs into Class A common stock, along with updated holdings in Class A and Class B shares through trusts and stock options.
How many Restricted Stock Units did Zoom (ZM) grant to director Daniel Scheinman?
Zoom granted Daniel Scheinman 3,012 Restricted Stock Units, each tied to one share of Class A common stock. The award vests 100% on the first anniversary of the grant or immediately before the next annual shareholder meeting that follows the grant date.
When do Daniel Scheinman’s new Zoom (ZM) RSUs vest?
Daniel Scheinman’s 3,012 Restricted Stock Units vest 100% on the first anniversary of the grant. Alternatively, they vest the day immediately before the next annual shareholder meeting that occurs after the grant date, providing time-based vesting linked to board service.
What stock options does Daniel Scheinman retain in Zoom (ZM)?
Daniel Scheinman retains a director stock option for 80,000 shares of Class B common stock with a $10.79 exercise price. The option is early exercisable, vests in monthly installments from November 29, 2018, and expires on November 29, 2028, subject to repurchase rights.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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