Sell4

Zoom Communications, Inc.

Total Value

$454.6K

Net $454.6K sold

Filing Date

Oct 23, 2026

9 transactions

Sales

$454.6K

9 transactions

Trade Summary

On Oct 15, 2026 through Oct 22, 2026, Subotovsky Santiago, Director, sold $454.6K of Zoom Communications, Inc. (ZM) across 9 transactions. The filing covers Class A Common Stock and reflects net selling of $454.6K. Reported prices ranged from $93.65 to $101.19. Insider transactions are sourced from SEC Form 4 disclosures and should be reviewed alongside company fundamentals and the insider's broader trading history.

Price at the Time of the Trade

ZM daily price with the insider's sale marked at $99.94.

Sold in the upper half of the 6-month range · the stock trades 4% lower today.

Price data is delayed and provided for context only — not investment advice.

Insider Information

Name: Subotovsky Santiago
Role: Director
Location: SAN JOSE, CA

Filing Details

Filing Date: Oct 23, 2026
Transaction Date: Oct 15, 2026
Accession Number: 0001585521-26-000154
Form Type: 4
Net Trading Amount: -$454.6K

Non-Derivative Transactions

Date	Security	Shares	Price	Type	Value
Oct 15, 2026	Class A Common Stock	35	$93.65	Sale	$3.3K
Oct 15, 2026	Class A Common Stock	64	$94.60	Sale	$6.1K
Oct 15, 2026	Class A Common Stock	84	$95.44	Sale	$8.0K
Oct 15, 2026	Class A Common Stock	280	$96.61	Sale	$27.1K
Oct 15, 2026	Class A Common Stock	88	$97.40	Sale	$8.6K
Oct 15, 2026	Class A Common Stock	166	$98.26	Sale	$16.3K
Oct 21, 2026	Class A Common Stock	3,436	$100.49	Sale	$345.3K
Oct 21, 2026	Class A Common Stock	376	$101.19	Sale	$38.0K
Oct 22, 2026	Class A Common Stock	20	$100.43	Sale	$2.0K

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Footnotes

(F1)The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 13, 2026. This transaction was not reported on a timely basis due to an administrative error and is being reported on this Form 4 upon discovery of the error.
(F2)The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.00 to $93.99. 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)Balance reflects the transfer of 717 shares of the Issuer's Class A Common Stock from EEP III for no consideration on July 20, 2026.
(F4)Shares held directly by the Subotovsky Mann Family Trust, of which the Reporting Person is a trustee.
(F5)The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.22 to $94.90. 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.
(F6)The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.09 to $95.895. 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.
(F7)The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.0375 to $96.995. 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.
(F8)The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.00 to $97.995. 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.
(F9)The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.01 to $98.535. 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.
(F10)The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 13, 2026.
(F11)The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.0075 to $100.995. 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.
(F12)The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.015 to $101.445. 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.
(F13)The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.20 to $100.59. 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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Subotovsky Santiago

(Last)

(First)

(Middle)

C/O ZOOM COMMUNICATIONS, INC.

55 ALMADEN BLVD, #600

(Street)

SAN JOSE

95113

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Zoom Communications, Inc. [ ZM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	10/15/2026		S⁽¹⁾		35	D	$93.6497⁽²⁾	682⁽³⁾	I	See footnote⁽⁴⁾
Class A Common Stock	10/15/2026		S⁽¹⁾		64	D	$94.597⁽⁵⁾	618⁽³⁾	I	See footnote⁽⁴⁾
Class A Common Stock	10/15/2026		S⁽¹⁾		84	D	$95.436⁽⁶⁾	534⁽³⁾	I	See footnote⁽⁴⁾
Class A Common Stock	10/15/2026		S⁽¹⁾		280	D	$96.6112⁽⁷⁾	254⁽³⁾	I	See footnote⁽⁴⁾
Class A Common Stock	10/15/2026		S⁽¹⁾		88	D	$97.3978⁽⁸⁾	166⁽³⁾	I	See footnote⁽⁴⁾
Class A Common Stock	10/15/2026		S⁽¹⁾		166	D	$98.26⁽⁹⁾	0⁽³⁾	I	See footnote⁽⁴⁾
Class A Common Stock	10/21/2026		S⁽¹⁰⁾		3,436	D	$100.4915⁽¹¹⁾	118,350	D
Class A Common Stock	10/21/2026		S⁽¹⁰⁾		376	D	$101.1884⁽¹²⁾	117,974	D
Class A Common Stock	10/22/2026		S⁽¹⁰⁾		20	D	$100.434⁽¹³⁾	117,954	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 13, 2026. This transaction was not reported on a timely basis due to an administrative error and is being reported on this Form 4 upon discovery of the error.

2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.00 to $93.99. 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.

3. Balance reflects the transfer of 717 shares of the Issuer's Class A Common Stock from EEP III for no consideration on July 20, 2026.

4. Shares held directly by the Subotovsky Mann Family Trust, of which the Reporting Person is a trustee.

5. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.22 to $94.90. 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.

6. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.09 to $95.895. 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.

7. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.0375 to $96.995. 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.

8. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.00 to $97.995. 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.

9. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.01 to $98.535. 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.

10. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 13, 2026.

11. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.0075 to $100.995. 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.

12. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.015 to $101.445. 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.

13. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.20 to $100.59. 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.

Remarks:

	/s/ Cheree McAlpine, Attorney-in-Fact	10/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Form 4 as rendered by the SEC from accession 0001585521-26-000154.

Zoom Communications, Inc.

Trade Summary

Price at the Time of the Trade

Company Information

Insider Information

Filing Details

Non-Derivative Transactions

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Footnotes

SEC Form 4

SEC Filing

Price at the Time of the Trade

SEC Form 4