[Form 4] Zoom Communications, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Zoom Communications insider Sankarlingam Velchamy reported multiple transactions in Class A common stock in September 2025. The filing shows vested restricted stock units (RSUs) were reported as acquired on 09/09/2025 (4,224 and 2,807 RSUs) and additional vested RSUs reflected in holdings. The issuer withheld 3,571 shares to satisfy tax withholding on vesting, and 2,595 shares were sold on 09/10/2025 under a Rule 10b5-1 trading plan adopted January 14, 2025. After these transactions the reporting person held 130,242 shares directly and 36,060 shares indirectly via the Velchamy Family Trust and family members.

Positive

• Use of Rule 10b5-1 trading plan adopted January 14, 2025 provides pre-clearance and reduces appearance of opportunistic insider trading
• Clear disclosure of tax withholding for RSU vesting and identification of indirect holdings via family trust and family members

Negative

• Insider sale of 2,595 shares on 09/10/2025 reduced direct holdings, though size appears modest relative to total reported holdings

Insights

Financial Analyst

TL;DR: Routine equity compensation vesting with a small Rule 10b5-1 sale; no material change to ownership stake.

The Form 4 documents standard RSU vesting events and associated tax-withholding, plus a modest sale under a pre-established 10b5-1 plan. The net effect reduced direct shares from 136,408 to 130,242 following withholding and sale. These transactions appear driven by compensation vesting mechanics, not corporate developments. Ownership remains concentrated with the reporting person and family entities, but reported changes are immaterial relative to total outstanding shares based on information provided.

Corporate Governance Expert

TL;DR: Disclosure follows standard practices; use of 10b5-1 plan and tax-withholding are properly reported.

The filing includes explicit explanations: shares withheld to satisfy tax obligations and sales executed pursuant to a 10b5-1 trading plan adopted January 14, 2025. Indirect holdings via a family trust and family members are disclosed. Filing is complete with signature by attorney-in-fact, meeting Section 16 transparency expectations. No governance red flags are evident from the transactions reported.

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)
09/09/2025

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	09/09/2025		M		7,031	A	$0	136,408	D
Class A Common Stock	09/09/2025		F(1)		3,571	D	$85.08	132,837	D
Class A Common Stock	09/10/2025		S(2)		2,595	D	$85.09	130,242	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)	09/09/2025		M			4,224	(4)	(4)	Class A Common Stock	4,224	$0	16,894	D
Restricted Stock Units	(3)	09/09/2025		M			2,807	(5)	(5)	Class A Common Stock	2,807	$0	11,228	D
Restricted Stock Units	(3)							(6)	(6)	Class A Common Stock	228,268		228,268	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	09/11/2025
	** 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 transactions did Zoom Communications insider Sankarlingam Velchamy report on Form 4?

The Form 4 reports RSU vesting on 09/09/2025 (4,224 and 2,807 RSUs), 3,571 shares withheld for taxes, and a sale of 2,595 shares on 09/10/2025.

Were any shares sold under a 10b5-1 plan (ZM)?

Yes. The sale of 2,595 shares on 09/10/2025 was effected pursuant to a Rule 10b5-1 trading plan adopted on January 14, 2025.

How many shares does the reporting person hold after these transactions?

Following the reported transactions the filing shows 130,242 shares held directly and 36,060 shares held indirectly through family trust and family members.

Why were 3,571 shares withheld?

The filing states those shares were withheld by the issuer to satisfy the tax withholding obligation in connection with RSU vesting.

Are the transactions described as acquisitions or disposals?

The filing records both acquisitions (vested RSUs) and disposals (shares withheld for taxes and a sale), with prices shown for the sell transactions at $85.09 and the withheld shares at $85.08 where applicable.