Zoom Communications, Inc.: pres. of engineering & product Sankarlingam Velchamy exercised 20,752 shares

What happened Sankarlingam Velchamy, president of engineering & product, converted or exercised 20,752 restricted stock units on Oct 9, 2026. The issuer withheld 10,559 shares to satisfy tax withholding at $94.67 per share for $999,621. On Oct 12, 2026 he sold 2,346 shares at a weighted average price of $98.63 for $231,388 and 5,299 shares at a weighted average price of $99.54 for $527,487. The filing also shows a derivative entry for 20,752 shares on Oct 9, 2026 at $0.00.

Key details

• Transaction dates and prices:
  • Oct 9, 2026: exercised/converted 20,752 shares at $0.00 (acquired).
  • Oct 9, 2026: 10,559 shares withheld for taxes at $94.67 (disposed) for $999,621 (F1).
  • Oct 12, 2026: sold 2,346 shares at a weighted avg $98.63 (disposed) for $231,388 (F2; prices ranged $98.17–$99.105).
  • Oct 12, 2026: sold 5,299 shares at a weighted avg $99.54 (disposed) for $527,487 (F3; prices ranged $99.23–$99.89).
  • Oct 9, 2026: derivative disposal entry for 20,752 shares at $0.00 (M/derivative).
• Shares sold/disposed total: 18,204 shares for $1,758,496; 20,752 shares were converted/exercised.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes: F1 (shares withheld by issuer for tax withholding); F2 and F3 (weighted average prices and price ranges for the Oct 12 sales); F4 (each RSU equals one share); F5 (award vests quarterly in 16 installments beginning Jul 9, 2024).
• Filing timeliness: filed Oct 13, 2026; the filing does not indicate it was late.

Why it may matter

• The filing shows a conversion/exercise of restricted stock units and that shares were withheld by the issuer to satisfy tax obligations; additional shares were sold in open-market transactions on Oct 12, 2026.
• The sale of shares to cover taxes and separate open-market sales indicate a cashless settlement of tax liability plus additional market sales. A filing does not show why the insider traded or why the company acted.