ZM insider settles 20,751 RSUs; 10,538 shares withheld for taxes
Rhea-AI Filing Summary
Zoom Video Communications (ZM) insider activity: The reporting person, an officer listed as President of Engineering & Product, settled 20,751 Class A shares on 10/09/2025 via RSU conversion (code M, $0). To cover taxes, 10,538 shares were withheld at $79.85 (code F).
On 10/10/2025, the reporting person sold 5,947 shares at a weighted average price of $81.7905 and 1,713 shares at $82.7277, effected under a Rule 10b5-1 trading plan adopted on January 14, 2025. Following these transactions, direct beneficial ownership was 132,795 shares. Indirect holdings include 36,060 shares via the Velchamy Family Trust and 2,000 shares each by Harshini, Ashwini, and Janani Velchamy.
Derivative holdings include RSUs with 207,517 units beneficially owned after the transactions, plus RSU awards of 11,228 and 16,894 units subject to scheduled vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,947 | $81.7905 | $486K |
| Sale | Class A Common Stock | 1,713 | $82.7277 | $142K |
| Exercise | Restricted Stock Units | 20,751 | $0.00 | -- |
| Exercise | Class A Common Stock | 20,751 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 10,538 | $79.85 | $841K |
| 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 | -- | -- | -- |
Footnotes (1)
- Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units. 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 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.23 to $82.21. 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.23 to $82.90. 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. 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. 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.