Sankarlingam Velchamy 4
4 · Zoom Communications, Inc. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
Zoom (ZM) President of Engineering Sankarlingam Velchamy Sells Shares
What Happened
Sankarlingam Velchamy, Zoom's President of Engineering & Product, sold a total of 7,645 Zoom shares in open-market transactions on April 15, 2026, generating approximately $653,192 in proceeds. The reported disposals break down as: 1,947 shares at $83.80 (≈ $163,155), 1,000 shares at $85.15 (≈ $85,146), and 4,698 shares at $86.18 (≈ $404,891). These were sales (not purchases), and the filing indicates they were effected pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date: April 15, 2026; Form 4 filed April 17, 2026 (timely filing).
- Individual sale details:
- 1,947 shares sold — reported price $83.80; weighted-average price range noted $83.335–$84.11 (F2).
- 1,000 shares sold — reported price $85.15; weighted-average price range noted $84.60–$85.56 (F4).
- 4,698 shares sold — reported price $86.18; weighted-average price range noted $85.83–$86.42 (F5).
- Total shares sold: 7,645; total proceeds: ≈ $653,192.
- Shares held after transaction: Not specified in the information provided in this summary (noted on the Form 4 or not included here).
- Notable footnotes: F1 — sales executed under a Rule 10b5-1 trading plan; F3 — this filing amends an April 13, 2026 Form 4 to remove 42,060 shares that were previously double-counted between direct and indirect holdings.
Context
Sales executed under a 10b5-1 plan are prearranged and routine, and the filing does not by itself indicate insider sentiment about the company. No purchases, option exercises, or awards are reported in this filing.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-04-15$83.80/sh−1,947$163,155→ 147,669 total - Sale
Class A Common Stock
[F1][F4]2026-04-15$85.15/sh−1,000$85,146→ 146,669 total - Sale
Class A Common Stock
[F1][F5]2026-04-15$86.18/sh−4,698$404,891→ 141,971 total
- 36,060(indirect: By Trust)
Class A Common Stock
- 2,000(indirect: By Harshini Velchamy)
Class A Common Stock
- 2,000(indirect: By Ashwini Velchamy)
Class A Common Stock
- 2,000(indirect: By Janani Velchamy)
Class A Common Stock
Footnotes (5)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.335 to $84.11. 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]Reflects the removal of 42,060 shares that were inadvertently included in both the Reporting Persons direct and indirect holdings, but should have been included solely in the Reporting Person's indirect holdings, in the Form 4 filed on April 13, 2026, which report is deemed amended hereby.
- [F4]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.60 to $85.56. 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 $85.83 to $86.42. 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.