=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-01-09
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: Zoom Communications, Inc. (ZM)
CIK: 0001585521
--- Reporting Owner ---
Name: Sankarlingam Velchamy
CIK: 0001814012
Role: Officer (Pres. of Engineering & Product)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A Common Stock
Date: 2026-01-09 | Code: M (Exercise of derivative)
Shares: +20,752 | Price: $0.00
Shares Owned After: 154,411 | Ownership: D (Direct)
[Transaction #2]
Security: Class A Common Stock
Date: 2026-01-09 | Code: F (Payment of exercise/tax)
Shares: -10,661 | Price: $85.65
Total Value: $913,114.65
Shares Owned After: 143,750 | Ownership: D (Direct)
Footnotes:
[F1] Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
[Transaction #3]
Security: Class A Common Stock
Date: 2026-01-12 | Code: S (Open market sale)
Shares: -5,757 | Price: $86.34
Total Value: $497,059.38
Shares Owned After: 137,993 | Ownership: D (Direct)
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 January 14, 2025
[F3] The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.79 to $86.78. 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.
[Transaction #4]
Security: Class A Common Stock
Date: 2026-01-12 | Code: S (Open market sale)
Shares: -1,811 | Price: $87.21
Total Value: $157,937.31
Shares Owned After: 136,182 | Ownership: D (Direct)
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 January 14, 2025
[F4] The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.79 to $87.44. 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.
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units
Date: 2026-01-09 | Code: M (Exercise of derivative)
Shares: -20,752 | Price: $0.00
Shares Owned After: 186,765 | Ownership: D (Direct)
Footnotes:
[F5] Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
[F6] The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024.
[F6] The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024.
--- Holdings ---
[Holding #1]
Security: Class A Common Stock
Ownership: I (Indirect)
[Holding #2]
Security: Class A Common Stock
Ownership: I (Indirect)
[Holding #3]
Security: Class A Common Stock
Ownership: I (Indirect)
[Holding #4]
Security: Class A Common Stock
Ownership: I (Indirect)
[Holding #5]
Security: Restricted Stock Units
Ownership: D (Direct)
Footnotes:
[F5] Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
[F7] The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.
[F7] The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.
[Holding #6]
Security: Restricted Stock Units
Ownership: D (Direct)
Footnotes:
[F5] Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
[F8] The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.
[F8] The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.
--- Footnotes (Complete Index) ---
F1: Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
F2: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 14, 2025
F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.79 to $86.78. 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 $86.79 to $87.44. 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: Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F6: The Reporting Person received an award of restricted stock units which vest quarterly in 16 equal installments beginning on July 9, 2024.
F7: The Reporting Person received an award of restricted stock units on September 12, 2023, which will vest in equal quarterly installments over three years.
F8: The Reporting Person received an award of restricted stock units on September 9, 2022, which will vest in equal quarterly installments over four years.
--- Signature ---
/s/ /s/ Aparna Bawa, Attorney-in-Fact (2026-01-13)
