Zoom Communications (NASDAQ: ZM) president sells 7,644 shares in planned trade
Rhea-AI Filing Summary
Zoom Communications, Inc. Pres. of Engineering & Product Velchamy Sankarlingam reported selling 7,644 shares of Class A common stock on July 15, 2026 at a weighted average price of $91.9792 per share, in open‑market transactions under a Rule 10b5‑1 trading plan. The sales occurred at prices ranging from $91.920 to $92.205. After the sale, he held 148,403 shares directly, plus indirect holdings of 36,060 shares through the Velchamy Family Trust and 2,000 shares each held indirectly by Harshini, Ashwini, and Janani Velchamy.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 7,644 shares
Net Sell
5 txns
Insider
Sankarlingam Velchamy
Role
Pres. of Engineering & Product
Sold
7,644 shs ($703K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 7,644 | $91.9792 | $703K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 148,403 shares (Direct);
Class A Common Stock — 36,060 shares (Indirect, Velchamy Family Trust);
Class A Common Stock — 2,000 shares (Indirect, By Harshini Velchamy);
Class A Common Stock — 2,000 shares (Indirect, By Ashwini Velchamy);
Class A Common Stock — 2,000 shares (Indirect, By Janani Velchamy)
Footnotes (2)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. This transaction was not reported on a timely basis due to an administrative error and is being reported on this Form 4 upon discovery of the error.
- F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.920 to $92.205. 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.
Key Figures
Shares sold: 7,644 shares
Weighted average sale price: $91.9792 per share
Sale price range: $91.920 to $92.205
+3 more
6 metrics
Shares sold
7,644 shares
Class A common stock sold on July 15, 2026
Weighted average sale price
$91.9792 per share
Open-market transactions on July 15, 2026
Sale price range
$91.920 to $92.205
Range of prices for multiple sale transactions
Direct holdings after sale
148,403 shares
Direct Class A common stock held by reporting person after transaction
Velchamy Family Trust holdings
36,060 shares
Indirect Class A holdings through Velchamy Family Trust
Each individual family holding
2,000 shares
Indirect Class A holdings each by Harshini, Ashwini, and Janani Velchamy
Key Terms
Rule 10b5-1 trading plan, weighted average price, Velchamy Family Trust
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported ... were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Velchamy Family Trust financial
"Indirect ownership of Class A Common Stock through Velchamy Family Trust"
FAQ
What did ZM executive Velchamy Sankarlingam report in this Form 4?
Velchamy Sankarlingam reported a sale of 7,644 shares of Zoom Class A common stock on July 15, 2026 under a Rule 10b5‑1 trading plan, along with updated direct and indirect share holdings.
What are Velchamy Sankarlingam’s ZM holdings after this transaction?
After the reported sale, he held 148,403 shares directly, plus indirect holdings of 36,060 shares through the Velchamy Family Trust and 2,000 shares each indirectly by Harshini, Ashwini, and Janani Velchamy.
Why was this ZM insider transaction reported late?
A footnote explains the transaction was not reported on a timely basis due to an administrative error and is being disclosed on this Form 4 after discovery of that error.
AI-generated analysis. How Rhea-AI works. Not financial advice.
