Subotovsky Santiago 4
4 · Zoom Communications, Inc. · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
Zoom (ZM) Director Santiago Subotovsky Sells 2,475 Shares
What Happened
Santiago Subotovsky, a director of Zoom Video Communications, sold a total of 2,475 shares in open‑market transactions on February 5, 2026, generating approximately $223,716 in gross proceeds. The sales were effected pursuant to a Rule 10b5‑1 trading plan adopted December 19, 2024, which generally indicates pre‑scheduled (routine) dispositions rather than ad‑hoc insider selling.
Key Details
- Transaction date: February 5, 2026 (reported on Form 4 filed February 9, 2026). No late filing is indicated in the provided excerpt.
- Lots sold and reported weighted average prices / proceeds:
- 846 shares at $89.19 (weighted avg; range $88.735–$89.70) — $75,458 (F2)
- 554 shares at $90.18 (weighted avg; range $89.735–$90.685) — $49,962 (F3)
- 722 shares at $91.10 (weighted avg; range $90.775–$91.725) — $65,776 (F4)
- 353 shares at $92.12 (weighted avg; range $91.76–$92.665) — $32,520 (F5)
- Total shares sold: 2,475; approximate total proceeds: $223,716.
- Shares held after the transaction: Not specified in the provided excerpt.
- Notable footnotes: Sales were made under a 10b5‑1 plan adopted Dec 19, 2024 (F1). Some shares are held directly by the Subotovsky Mann Family Trust, of which he is trustee (F6). Weighted average prices reflect multiple executions within the stated price ranges; detailed per‑price breakdowns are available on request (F2–F5).
Context
- Sales under a 10b5‑1 plan are typically pre‑arranged and considered routine; they do not necessarily indicate a change in the insider’s view of the company.
- For retail investors, purchases are often more informative about insider sentiment than routine sales; this filing documents scheduled disposals rather than a purchase or option exercise.
Insider Transaction Report
Form 4
Subotovsky Santiago
Director
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-02-05$89.19/sh−846$75,458→ 157,546 total - Sale
Class A Common Stock
[F1][F3]2026-02-05$90.18/sh−554$49,962→ 156,992 total - Sale
Class A Common Stock
[F1][F4]2026-02-05$91.10/sh−722$65,776→ 156,270 total - Sale
Class A Common Stock
[F1][F5]2026-02-05$92.12/sh−353$32,520→ 155,917 total
Holdings
- 2,388(indirect: see footnote)
Class A Common Stock
[F6]
Footnotes (6)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 19, 2024
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.735 to $89.70. 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.
- [F3]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.735 to $90.685. 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 $90.775 to $91.725. 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 $91.76 to $92.665. 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]Shares held directly by the Subotovsky Mann Family Trust, of which the Reporting Person is a trustee.
Signature
/s/ Aparna Bawa, Attorney-in-Fact|2026-02-09