Zoom Communications (ZM) CEO sells 24,200 shares under 10b5-1 plan
Rhea-AI Filing Summary
Zoom Communications CEO Eric S. Yuan reported indirect transactions through the 2018 Yuan and Zhang Revocable Trust. On August 5–6, 2026 he converted 24,200 Class B shares into 24,200 Class A shares and sold 24,200 Class A shares at weighted‑average prices between $98.41 and $102.285 per share. All sales were made under a Rule 10b5‑1 trading plan dated June 20, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
11 txns
Insider
Yuan Eric S.
Role
Chief Executive Officer
Sold
24,200 shs ($2.42M)
Approx. gross sale proceeds
$2.42M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F10, F1 | 12,100 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 12,100 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F7, F1 | 355 | $98.864 | $35K |
| Sale | Class A Common Stock F2, F8, F1 | 8,786 | $100.0308 | $879K |
| Sale | Class A Common Stock F2, F9, F1 | 2,959 | $100.8478 | $298K |
| Conversion | Class B Common Stock F10, F1 | 12,100 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 12,100 | $0.00 | $0.00 |
| Sale | Class A Common Stock F2, F3, F1 | 7,111 | $99.7572 | $709K |
| Sale | Class A Common Stock F2, F4, F1 | 4,167 | $100.5899 | $419K |
| Sale | Class A Common Stock F2, F5, F1 | 754 | $101.5826 | $77K |
| Sale | Class A Common Stock F2, F6, F1 | 68 | $102.2466 | $7K |
Holdings After Transaction:
Class B Common Stock — 20,692,085 shares (Indirect, See footnote);
Class A Common Stock — 22,998 shares (Indirect, See footnote)
Footnotes (10)
- F1. The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees.
- F2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 20, 2025.
- F3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.18 to $100.175. 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.
- F4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.185 to $101.175. 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.
- F5. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.26 to $102.1475. 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.
- F6. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.235 to $102.285. 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.
- F7. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.41 to $99.2075. 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.
- F8. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.5475 to $100.40. 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.
- F9. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.41 to $101.34. 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.
- F10. Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon (a) other than Eric S. Yuan, the death of the Reporting Person, or (b) any transfer by the Reporting Person except certain "Permitted Transfers" described in the Issuer's certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) six months following the death or incapacity of Mr. Yuan, (ii) six months following the date that Mr. Yuan ceases providing services to the Issuer, (iii) the date specified by the holders of a majority of the shares of Class B Common Stock, and (iv) the 15-year anniversary of the closing of the Issuer's initial public offering.
Key Figures
Total shares sold: 24200 shares
Class B to Class A conversions: 24200 shares
Sale price range: $98.41–$102.285 per share
+2 more
5 metrics
Total shares sold
24200 shares
Aggregate Class A Common Stock sales reported for August 5–6, 2026
Class B to Class A conversions
24200 shares
Class B Common Stock converted into Class A Common Stock on August 5–6, 2026
Sale price range
$98.41–$102.285 per share
Price ranges for reported weighted‑average sales from footnotes F3–F9
Largest single sale
8786 shares
Indirect sale of Class A Common Stock at $100.0308 per share on August 6, 2026
Rule 10b5-1 plan adoption
June 20, 2025
Adoption date of the trading plan governing these sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B Common Stock, Permitted Transfers
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were 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.
weighted average price financial
"The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Permitted Transfers regulatory
"Each share of Class B Common Stock held by the Reporting Person will automatically convert upon any transfer except certain "Permitted Transfers" described."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Zoom (ZM) CEO Eric S. Yuan report in this Form 4?
Eric S. Yuan reported indirect transactions through a family trust, converting 24,200 Class B shares into 24,200 Class A shares and selling 24,200 Class A shares on August 5–6, 2026 in open‑market trades all under a Rule 10b5-1 trading plan.
Were the Zoom (ZM) insider sales made under a Rule 10b5-1 plan?
Yes. Footnotes state the insider sales were effected pursuant to a Rule 10b5-1 trading plan, and the filing’s checkbox confirms a plan. The plan was adopted by Eric S. Yuan on June 20, 2025, before these August 2026 transactions.
Does this Zoom (ZM) Form 4 show any gifts or tax-withholding transactions?
This Form 4 reports conversions and open‑market sales but no transactions coded as gifts or share withholding for taxes. The transaction summary lists 2 derivative conversions and 24,200 shares sold, with 0 gifts and 0 shares used for tax or exercise‑price payments.