McDermott William R 4

What Happened William R. McDermott, a director of Zoom Communications (ZM), recorded a conversion/exercise of a derivative on June 10, 2026 for 3,583 shares (price reported $0.00) and a simultaneous disposition of 3,583 derivative units (also $0.00). On June 11, 2026 he was granted 3,012 restricted stock units (RSUs) at $0.00. All reported transactions show no cash amount exchanged on the filing.

Key Details

• Transaction types/dates: M (exercise/conversion) — 3,583 shares on 2026-06-10; M (disposition of derivative) — 3,583 shares on 2026-06-10; A (grant/award) — 3,012 RSUs on 2026-06-11. All reported prices: $0.00.
• Report filed: SEC Form 4 filed 2026-06-12 (covers 6/10–6/11 transactions); filing appears timely.
• Shares owned after transaction: not provided in the excerpt of this filing.
• Footnotes: F1 — each RSU represents a contingent right to one share of Class A common stock. F2 — the 3,012 RSUs vest 100% on the first anniversary of the grant (or, if sooner, the day before the next annual meeting).

Context These entries are derivative conversions and an RSU grant rather than an open-market buy or sale. The June 10 record shows both acquisition and a same-day disposition of 3,583 derivative units (per the Form 4), and the June 11 entry is a time‑vesting RSU award. There is no cash consideration reported in these transactions; avoid interpreting them as a market buy or sell without additional detail.