Chang Michelle 4
4 · Zoom Communications, Inc. · Filed Jan 13, 2026
Insider Transaction Report
Form 4
Chang Michelle
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2026-01-09+22,217→ 42,756 total - Tax Payment
Class A Common Stock
[F1]2026-01-09$85.65/sh−8,857$758,602→ 33,899 total - Sale
Class A Common Stock
[F2][F3]2026-01-12$86.34/sh−6,463$558,015→ 27,436 total - Sale
Class A Common Stock
[F2][F4]2026-01-12$87.21/sh−1,954$170,408→ 25,482 total - Exercise/Conversion
Restricted Stock Units
[F5][F6]2026-01-09−22,217→ 244,390 total→ Class A Common Stock (22,217 underlying)
Footnotes (6)
- [F1]Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
- [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 13, 2025.
- [F3]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.79 to 86.77. 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 $86.79 to 87.44. 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]Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
- [F6]The reporting person received an award of restricted stock units, 1/4 of which will vest on October 9, 2025 and the remaining units will vest in equal quarterly installments thereafter, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2019 Equity Incentive Plan) on each such vesting date. The restricted stock units are subject to accelerated vesting in the event of a termination of employment of the Reporting Person under certain circumstances in connection with a change in control of the Issuer.
Signature
/s/ Aparna Bawa, Attorney-in-Fact|2026-01-13