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.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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)
10/09/2025

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	10/09/2025		M		20,751	A	$0	150,993	D
Class A Common Stock	10/09/2025		F(1)		10,538	D	$79.85	140,455	D
Class A Common Stock	10/10/2025		S(2)		5,947	D	$81.7905(3)	134,508	D
Class A Common Stock	10/10/2025		S(2)		1,713	D	$82.7277(4)	132,795	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	(5)	10/09/2025		M			20,751	(6)	(6)	Class A Common Stock	20,751	$0	207,517	D
Restricted Stock Units	(5)							(7)	(7)	Class A Common Stock	11,228		11,228	D
Restricted Stock Units	(5)							(8)	(8)	Class A Common Stock	16,894		16,894	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. 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.

4. 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.

5. Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.

6. The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024.

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	10/14/2025
	** 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 insider transactions were reported for ZM?

On 10/09/2025, 20,751 Class A shares were acquired via RSU conversion and 10,538 shares were withheld for taxes. On 10/10/2025, 5,947 and 1,713 shares were sold.

Were the ZM share sales under a 10b5-1 plan?

Yes. The sales on 10/10/2025 were effected under a Rule 10b5-1 trading plan adopted on January 14, 2025.

How many ZM shares does the insider directly own after the transactions?

Direct beneficial ownership was 132,795 Class A shares after the reported transactions.

What were the sale prices for the ZM shares?

Weighted average prices were $81.7905 for 5,947 shares and $82.7277 for 1,713 shares, with transactions executed within the disclosed price ranges.

What RSUs are outstanding for the ZM insider?

Derivative holdings include 207,517 RSUs beneficially owned after the transactions, plus RSU awards of 11,228 and 16,894 units subject to scheduled vesting.

What are the RSU vesting schedules disclosed?

An award vests quarterly in 16 equal installments beginning July 9, 2024; another vests quarterly over three years from September 12, 2023; another over four years from September 9, 2022.

What indirect ZM holdings were reported?

Indirect holdings include 36,060 shares via the Velchamy Family Trust and 2,000 shares each by Harshini, Ashwini, and Janani Velchamy.