Zoom (NASDAQ: ZM) product chief nets shares after RSU vesting

Rhea-AI Filing Summary

Zoom Communications, Inc. President of Engineering & Product Velchamy Sankarlingam reported routine equity compensation activity involving restricted stock units. On April 9, 2026, 20,752 RSUs and 4,845 performance-vesting RSUs converted into the same number of Class A Common shares at a $0.00 exercise price.

To cover taxes on these vestings, the issuer withheld 10,559 and 2,466 Class A shares at $83.23 per share, reducing the net shares delivered. After these transactions, Sankarlingam directly holds 191,676 Class A shares, plus additional indirect holdings through the Velchamy Family Trust and family members.

He also retains unvested RSU awards representing 5,614 and 8,447 underlying Class A shares, which continue to vest over multi-year quarterly schedules as long as service and performance conditions are met.

Insider Trade Summary

25,597 shares exercised/converted

Mixed 12 txns

Insider Sankarlingam Velchamy

Role Pres. of Engineering & Product

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	20,752	$0.00	--
Exercise	Performance-vesting RSU	4,845	$0.00	--
Exercise	Class A Common Stock	20,752	$0.00	--
Tax Withholding	Class A Common Stock	10,559	$83.23	$879K
Exercise	Class A Common Stock	4,845	$0.00	--
Tax Withholding	Class A Common Stock	2,466	$83.23	$205K
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 166,013 shares (Direct); Performance-vesting RSU — 0 shares (Direct); Class A Common Stock — 199,856 shares (Direct); Class A Common Stock — 36,060 shares (Indirect, Velchamy Family Trust)

Footnotes (1)

1. Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units. Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Performance-vesting restricted stock unit Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock. The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024. Each performance-vesting restricted stock unit (the performance-vesting RSU) represents a contingent right to receive one share of Issuers Class A Common Stock. Represents performance-vesting RSUs previously granted to the Reporting Person, which were subject to vesting upon certification by the Compensation Committee of the Companys achievement of certain performance metrics and determination of the number of performance-vesting RSUs that were eligible to vest, which determination occurred on February 27, 2026. The performance-vesting RSU is also subject to a service-based vesting requirement and vested on April 9, 2026. The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years. The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.

Key Figures

RSUs converted: 20,752 shares Performance RSUs converted: 4,845 shares Shares withheld for taxes (RSUs): 10,559 shares at $83.23 +5 more

8 metrics

RSUs converted 20,752 shares Restricted Stock Units converted to Class A Common Stock on April 9, 2026

Performance RSUs converted 4,845 shares Performance-vesting RSUs converted to Class A Common Stock on April 9, 2026

Shares withheld for taxes (RSUs) 10,559 shares at $83.23 Issuer share withholding to satisfy tax obligation on RSU vesting

Shares withheld for taxes (performance RSUs) 2,466 shares at $83.23 Issuer share withholding to satisfy tax obligation on performance RSU vesting

Direct Class A holdings 191,676 shares Directly owned Zoom Class A Common Stock following transactions

Velchamy Family Trust holdings 36,060 shares Indirect Class A Common Stock held via Velchamy Family Trust

Unvested RSU underlying shares (grant 1) 5,614 shares Restricted Stock Units with 5,614 underlying Zoom Class A shares remaining

Unvested RSU underlying shares (grant 2) 8,447 shares Restricted Stock Units with 8,447 underlying Zoom Class A shares remaining

Key Terms

Restricted Stock Units, performance-vesting restricted stock unit, tax withholding obligation, service-based vesting requirement, +2 more

6 terms

Restricted Stock Units financial

"Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units."

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.

performance-vesting restricted stock unit financial

"Each performance-vesting restricted stock unit (the performance-vesting RSU) represents a contingent right to receive one share..."

tax withholding obligation financial

"Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units."

service-based vesting requirement financial

"The performance-vesting RSU is also subject to a service-based vesting requirement and vested on April 9, 2026."

Velchamy Family Trust financial

"Class A Common Stock ... nature_of_ownership: "Velchamy Family Trust""

equal quarterly installments financial

"which will vest in equal quarterly installments over three years."

Form 4 Insider Transactions: What Each Field Means →

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).

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 CALIFORNIA 95113

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/09/2026		M		20,752	A	$0	199,856	D
Class A Common Stock	04/09/2026		F(1)		10,559	D	$83.23	189,297	D
Class A Common Stock	04/09/2026		M		4,845	A	$0	194,142	D
Class A Common Stock	04/09/2026		F(2)		2,466	D	$83.23	191,676	D
Class A Common Stock								36,060	I	Velchamy Family Trust
Class A Common Stock								2,000	I	By Ashwini Velchamy
Class A Common Stock								2,000	I	By Janani Velchamy
Class A Common Stock								2,000	I	By Harshini 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)	04/09/2026		M			20,752	(4)	(4)	Class A Common Stock	20,752	$0	166,013	D
Performance-vesting RSU	(5)	04/09/2026		M			4,845	(6)	(6)	Class A Common Stock	4,845	$0	0	D
Restricted Stock Units	(3)							(7)	(7)	Class A Common Stock	5,614		5,614	D
Restricted Stock Units	(3)							(8)	(8)	Class A Common Stock	8,447		8,447	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. Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Performance-vesting restricted stock unit

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 which vest quarterly in 16 equal installments beginning on July 9, 2024.

5. Each performance-vesting restricted stock unit (the performance-vesting RSU) represents a contingent right to receive one share of Issuers Class A Common Stock.

6. Represents performance-vesting RSUs previously granted to the Reporting Person, which were subject to vesting upon certification by the Compensation Committee of the Companys achievement of certain performance metrics and determination of the number of performance-vesting RSUs that were eligible to vest, which determination occurred on February 27, 2026. The performance-vesting RSU is also subject to a service-based vesting requirement and vested on April 9, 2026.

7. The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.

8. The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.

Remarks:

	/s/ Aparna Bawa, Attorney-in-Fact	04/13/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Zoom (ZM) executive Velchamy Sankarlingam report?

Velchamy Sankarlingam reported RSU vesting and related tax withholding. 20,752 RSUs and 4,845 performance-vesting RSUs converted into Class A shares, with a portion of the resulting stock withheld at $83.23 per share to satisfy tax obligations.

How many Zoom (ZM) shares did Sankarlingam receive from RSU vesting?

He acquired 20,752 Class A shares from standard RSUs and 4,845 shares from performance-vesting RSUs. These shares came from previously granted equity awards that vested based on service and certified performance, rather than open-market purchases.

How were taxes paid on Velchamy Sankarlingam’s Zoom RSU vesting?

Taxes were paid via share withholding by the issuer. 10,559 and 2,466 Class A shares were withheld at $83.23 per share to satisfy tax withholding obligations triggered by RSU and performance-vesting RSU vesting events.

What are Sankarlingam’s direct Zoom (ZM) share holdings after these transactions?

After the RSU vesting and tax-withholding entries, Sankarlingam directly holds 191,676 shares of Zoom Class A Common Stock. This figure reflects net shares following the delivery of vested stock and the issuer’s tax withholding transactions.

What unvested RSU awards does Sankarlingam still have at Zoom?

He still holds restricted stock units tied to 5,614 and 8,447 underlying Class A shares. These RSU grants vest in equal quarterly installments over multi-year periods, subject to ongoing service conditions and, for some awards, prior performance certification.

Does Velchamy Sankarlingam have indirect Zoom share holdings through family entities?

Yes. Indirect holdings include 36,060 Class A shares held by the Velchamy Family Trust and 2,000 shares each reported as held by Ashwini, Janani, and Harshini Velchamy, in addition to his directly owned Zoom shares and RSU awards.