Zoom Communications (ZM) director trades under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zoom Communications, Inc. director Herbert Raymond McMaster reported an open-market sale of 5 shares of Class A Common Stock on July 14, 2026 at $88.83 per share. The sale was effected under a Rule 10b5-1 trading plan, and he now holds 11,479 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5 shares ($444)
Net Sell
1 txn
Insider
McMaster Herbert Raymond
Role
Director
Sold
5 shs ($444.15)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5 | $88.83 | $444.15 |
Holdings After Transaction:
Class A Common Stock — 11,479 shares (Direct)
Footnotes (1)
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Key Figures
Shares sold: 5 shares
Sale price per share: $88.83 per share
Shares held after transaction: 11,479 shares
+1 more
4 metrics
Shares sold
5 shares
Open-market sale of Class A Common Stock on July 14, 2026
Sale price per share
$88.83 per share
Price received for each of the 5 shares sold
Shares held after transaction
11,479 shares
Direct Class A Common Stock holdings after the reported sale
Reported sale transactions
1 transaction
Number of non-derivative sale transactions in this Form 4
Key Terms
Rule 10b5-1 trading plan, open-market sale, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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.
open-market sale financial
"transaction_action: open-market sale of Class A Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title: 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.
FAQ
What insider transaction did Zoom Communications (ZM) disclose for Herbert Raymond McMaster?
Director Herbert Raymond McMaster reported an open-market sale of 5 shares of Zoom Communications Class A Common Stock. The transaction occurred on July 14, 2026 at a price of $88.83 per share and was executed under a Rule 10b5-1 plan.
Was the Zoom Communications (ZM) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. Such plans are pre-arranged trading programs that schedule trades in advance, helping separate routine portfolio management from discretionary timing decisions.
What type of security did Herbert Raymond McMaster trade in Zoom Communications (ZM)?
He traded Class A Common Stock of Zoom Communications in a non-derivative transaction. The Form 4 specifies an open-market sale of 5 shares, with 11,479 Class A shares remaining held directly after the reported transaction on July 14, 2026.