STOCK TITAN

Zoom (ZM) product chief sells 2,590 shares under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Zoom Communications, Inc. President of Engineering & Product Sankarlingam Velchamy sold 2,590 shares of Class A Common Stock at $78.24 per share in an open‑market trade under a pre‑arranged Rule 10b5‑1 trading plan.

On the prior day, he acquired 7,031 shares through the vesting and conversion of restricted stock units at an exercise price of $0.00, while 3,579 shares were withheld by the issuer at $77.50 per share to satisfy tax obligations. Following these transactions, he holds 137,044 shares directly, plus additional indirect holdings and 186,765 underlying shares tied to outstanding restricted stock units.

Positive

  • None.

Negative

  • None.
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
Estimated average burden
hours per response: 0.5
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*
Sankarlingam Velchamy

(Last) (First) (Middle)
C/O ZOOM COMMUNICATIONS, INC.
55 ALMADEN BOULEVARD, 6TH FLOOR

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Pres. of Engineering & Product
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
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 03/09/2026 M 7,031 A $0 143,213 D
Class A Common Stock 03/09/2026 F(1) 3,579 D $77.5 139,634 D
Class A Common Stock 03/10/2026 S(2) 2,590 D $78.24 137,044 D
Class A Common Stock 36,060 I Velchamy Family Trust
Class A Common Stock 2,000 I By Harshini Velchamy
Class A Common Stock 2,000 I By Ashwini Velchamy
Class A Common Stock 2,000 I By Janani Velchamy
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
Restricted Stock Units (3) 03/09/2026 M 4,224 (4) (4) Class A Common Stock 4,224 $0 8,447 D
Restricted Stock Units (3) 03/09/2026 M 2,807 (5) (5) Class A Common Stock 2,807 $0 5,614 D
Restricted Stock Units (3) (6) (6) Class A Common Stock 186,765 186,765 D
Explanation of Responses:
1. Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 14, 2025
3. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
4. The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.
5. The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.
6. The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024.
Remarks:
/s/ Aparna Bawa, Attorney-in-Fact 03/11/2026
** 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 Zoom (ZM) executive Sankarlingam Velchamy report?

Sankarlingam Velchamy reported selling 2,590 shares of Zoom Class A Common Stock at $78.24 per share. The sale was an open‑market transaction made under a pre‑arranged Rule 10b5‑1 trading plan, indicating it was scheduled in advance rather than timed opportunistically.

How many Zoom (ZM) shares does Sankarlingam Velchamy hold after this Form 4?

After the reported transactions, Sankarlingam Velchamy directly holds 137,044 shares of Zoom Class A Common Stock. The filing also lists additional indirect holdings through a family trust and related accounts, plus 186,765 underlying shares associated with outstanding restricted stock units that may convert into stock over time.

Did Sankarlingam Velchamy exercise restricted stock units in this Zoom (ZM) filing?

Yes. He acquired 7,031 shares of Zoom Class A Common Stock through the vesting and conversion of restricted stock units at an exercise price of $0.00. The RSUs stem from multiple awards granted in 2022, 2023, and 2024 that vest in regular quarterly installments over several years.

Why were some Zoom (ZM) shares withheld from Sankarlingam Velchamy in this Form 4?

The company withheld 3,579 shares of Zoom Class A Common Stock at $77.50 per share to cover tax withholding obligations tied to the vesting of restricted stock units. This F‑code disposition represents tax payment in shares, not an open‑market sale initiated by the executive.

What does the Rule 10b5-1 trading plan mean in Zoom (ZM) executive’s sale?

The filing states the sale was executed under a Rule 10b5‑1 trading plan adopted on January 14, 2025. Such plans pre‑schedule trades according to preset instructions, reducing the likelihood that the timing reflects non‑public information or a discretionary short‑term view on Zoom’s share price.

What ongoing equity compensation does Zoom (ZM) provide to Sankarlingam Velchamy?

He holds restricted stock unit awards granted in September 2022 and September 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 a structured, multi‑year equity compensation program.
Zoom Communications Inc

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