Subotovsky Santiago 4

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.