Zoom Communications: CEO Eric S. Yuan sold 24,200 shares

What happened

• Eric S. Yuan, chief executive officer, converted derivative securities into common stock (12,100 shares on Oct 5, 2026, and 12,100 shares on Oct 6, 2026) and sold a total of 24,200 shares in open-market transactions.
• Sales proceeds reported: $1,134,303 on Oct 5, 2026 (12,100 shares sold at reported prices $93.72 and $94.20) and $1,138,298 on Oct 6, 2026 (12,100 shares sold at reported prices $94.07 and $94.59), total $2,272,601. Conversion price reported $0.00 for each conversion.

Key details

• Transaction dates and prices: Oct 5, 2026 — converted 12,100 shares @ $0.00 and sold 11,512 @ $93.72 ($1,078,912) and 588 @ $94.20 ($55,391); Oct 6, 2026 — converted 12,100 shares @ $0.00 and sold 11,896 @ $94.07 ($1,119,001) and 204 @ $94.59 ($19,297).
• Shares owned after the transactions: not reported on this Form 4.
• Relevant footnotes from the filing:
  • F1: some shares are held of record by a revocable trust for which the reporting person and spouse serve as cotrustees.
  • F2: the sales were effected pursuant to a Rule 10b5-1 trading plan adopted Jun 20, 2025.
  • F3–F6: the prices reported are weighted averages; the filing gives price ranges for the multiple transactions and offers to provide full per-price details on request.
  • F7: each share of Class B common stock is convertible into one share of Class A common stock and conversion rules are described.
• Form filed on Oct 7, 2026; the filing does not indicate it was late.

Why it may matter

• The filing shows conversions of derivative shares into common stock and contemporaneous open-market sales under a pre-established Rule 10b5-1 plan.
• This filing does not show why the insider traded or why the company acted.