Zoom Communications (ZM) 4: Yuan Eric S. bought 12,115 shares of Class A Common Stock a… (Jan 15, 2026)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-01-13 10b5-1 Pre-arranged Plan: Yes --- Issuer --- Name: Zoom Communications, Inc. (ZM) CIK: 0001585521 --- Reporting Owner --- Name: Yuan Eric S. CIK: 0001773298 Role: Director, Officer (Chief Executive Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Class A Common Stock Date: 2026-01-13 | Code: C (Conversion of derivative) Shares: +12,115 | Price: $0.00 Shares Owned After: 47,369 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F1] The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees. [Transaction #2] Security: Class A Common Stock Date: 2026-01-13 | Code: S (Open market sale) Shares: -26,847 | Price: $83.10 Total Value: $2,230,886.37 Shares Owned After: 20,522 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F2] The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 20, 2025. [F3] The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.565 to $83.56. 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. [F1] The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees. [Transaction #3] Security: Class A Common Stock Date: 2026-01-13 | Code: S (Open market sale) Shares: -14,126 | Price: $83.83 Total Value: $1,184,188.23 Shares Owned After: 6,396 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F2] The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 20, 2025. [F4] The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.565 to $84.465. 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. [F1] The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees. [Transaction #4] Security: Class A Common Stock Date: 2026-01-13 | Code: S (Open market sale) Shares: -3,121 | Price: $85.19 Total Value: $265,892.03 Shares Owned After: 3,275 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F2] The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 20, 2025. [F5] The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.66 to $85.545. 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. [F1] The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees. [Transaction #5] Security: Class A Common Stock Date: 2026-01-13 | Code: S (Open market sale) Shares: -3,275 | Price: $85.92 Total Value: $281,388.00 Shares Owned After: 0 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F2] The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 20, 2025. [F6] The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.66 to $86.245. 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. [F1] The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees. [Transaction #6] Security: Class A Common Stock Date: 2026-01-14 | Code: C (Conversion of derivative) Shares: +12,100 | Price: $0.00 Shares Owned After: 12,100 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F1] The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees. [Transaction #7] Security: Class A Common Stock Date: 2026-01-14 | Code: S (Open market sale) Shares: -8,731 | Price: $83.28 Total Value: $727,078.39 Shares Owned After: 3,369 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F2] The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 20, 2025. [F7] The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.76 to $83.755. 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. [F1] The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees. [Transaction #8] Security: Class A Common Stock Date: 2026-01-14 | Code: S (Open market sale) Shares: -3,369 | Price: $83.93 Total Value: $282,755.12 Shares Owned After: 0 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F2] The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 20, 2025. [F8] The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.76 to $84.445. 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. [F1] The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees. --- Derivative Transactions --- [Transaction #1] Security: Class B Common Stock Date: 2026-01-13 | Code: C (Conversion of derivative) Shares: -12,115 | Price: $0.00 Shares Owned After: 20,873,585 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F9] Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon (a) other than Eric S. Yuan, the death of the Reporting Person, or (b) any transfer by the Reporting Person except certain "Permitted Transfers" described in the Issuer's certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) six months following the death or incapacity of Mr. Yuan, (ii) six months following the date that Mr. Yuan ceases providing services to the Issuer, (iii) the date specified by the holders of a majority of the shares of Class B Common Stock, and (iv) the 15-year anniversary of the closing of the Issuer's initial public offering. [F9] Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon (a) other than Eric S. Yuan, the death of the Reporting Person, or (b) any transfer by the Reporting Person except certain "Permitted Transfers" described in the Issuer's certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) six months following the death or incapacity of Mr. Yuan, (ii) six months following the date that Mr. Yuan ceases providing services to the Issuer, (iii) the date specified by the holders of a majority of the shares of Class B Common Stock, and (iv) the 15-year anniversary of the closing of the Issuer's initial public offering. [F9] Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon (a) other than Eric S. Yuan, the death of the Reporting Person, or (b) any transfer by the Reporting Person except certain "Permitted Transfers" described in the Issuer's certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) six months following the death or incapacity of Mr. Yuan, (ii) six months following the date that Mr. Yuan ceases providing services to the Issuer, (iii) the date specified by the holders of a majority of the shares of Class B Common Stock, and (iv) the 15-year anniversary of the closing of the Issuer's initial public offering. [F1] The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees. [Transaction #2] Security: Class B Common Stock Date: 2026-01-14 | Code: C (Conversion of derivative) Shares: -12,100 | Price: $0.00 Shares Owned After: 20,861,485 | Ownership: I (Indirect) | Nature: See footnote Footnotes: [F9] Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon (a) other than Eric S. Yuan, the death of the Reporting Person, or (b) any transfer by the Reporting Person except certain "Permitted Transfers" described in the Issuer's certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) six months following the death or incapacity of Mr. Yuan, (ii) six months following the date that Mr. Yuan ceases providing services to the Issuer, (iii) the date specified by the holders of a majority of the shares of Class B Common Stock, and (iv) the 15-year anniversary of the closing of the Issuer's initial public offering. [F9] Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon (a) other than Eric S. Yuan, the death of the Reporting Person, or (b) any transfer by the Reporting Person except certain "Permitted Transfers" described in the Issuer's certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) six months following the death or incapacity of Mr. Yuan, (ii) six months following the date that Mr. Yuan ceases providing services to the Issuer, (iii) the date specified by the holders of a majority of the shares of Class B Common Stock, and (iv) the 15-year anniversary of the closing of the Issuer's initial public offering. [F9] Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon (a) other than Eric S. Yuan, the death of the Reporting Person, or (b) any transfer by the Reporting Person except certain "Permitted Transfers" described in the Issuer's certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) six months following the death or incapacity of Mr. Yuan, (ii) six months following the date that Mr. Yuan ceases providing services to the Issuer, (iii) the date specified by the holders of a majority of the shares of Class B Common Stock, and (iv) the 15-year anniversary of the closing of the Issuer's initial public offering. [F1] The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees. --- Holdings --- [Holding #1] Security: Restricted Stock Units Ownership: D (Direct) Footnotes: [F10] Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock. [F11] The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years. [F11] The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years. [Holding #2] Security: Restricted Stock Units Ownership: D (Direct) Footnotes: [F10] Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock. [F12] The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years. [F12] The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years. --- Footnotes (Complete Index) --- F1: The shares are held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the the 2018 Yuan and Zhang Revocable Trust, for which the Reporting Person and the Reporting Person's spouse serve as cotrustees. F10: Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's Class A Common Stock. F11: The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years. F12: The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years. F2: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 20, 2025. F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.565 to $83.56. 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. F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.565 to $84.465. 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 $84.66 to $85.545. 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 $85.66 to $86.245. 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 $82.76 to $83.755. 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 $83.76 to $84.445. 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. F9: Each share of Class B Common Stock is convertible at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon (a) other than Eric S. Yuan, the death of the Reporting Person, or (b) any transfer by the Reporting Person except certain "Permitted Transfers" described in the Issuer's certificate of incorporation. All outstanding shares of Class B Common Stock will convert into shares of Class A Common Stock upon the earliest of (i) six months following the death or incapacity of Mr. Yuan, (ii) six months following the date that Mr. Yuan ceases providing services to the Issuer, (iii) the date specified by the holders of a majority of the shares of Class B Common Stock, and (iv) the 15-year anniversary of the closing of the Issuer's initial public offering. --- Signature --- /s/ /s/ Aparna Bawa, Attorney-in-Fact (2026-01-15)