=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-01-08
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: Zoom Communications, Inc. (ZM)
CIK: 0001585521
--- Reporting Owner ---
Name: Bawa Aparna
CIK: 0001773301
Role: Officer (Chief Operating Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A Common Stock
Date: 2026-01-08 | Code: M (Exercise of derivative)
Shares: +21,392 | Price: $0.00
Shares Owned After: 23,370 | Ownership: I (Indirect) | Nature: See footnote
Footnotes:
[F1] The shares are held of record by Rafik Bawa and Aparna Bawa, as Trustees of the Bawa Family Trust under agreement dated November 12, 2013, for which the Reporting Person and the Reporting Person's spouse serve as trustees.
[Transaction #2]
Security: Class A Common Stock
Date: 2026-01-08 | Code: F (Payment of exercise/tax)
Shares: -9,255 | Price: $86.63
Total Value: $801,760.65
Shares Owned After: 14,115 | Ownership: I (Indirect) | Nature: See footnote
Footnotes:
[F2] Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
[F1] The shares are held of record by Rafik Bawa and Aparna Bawa, as Trustees of the Bawa Family Trust under agreement dated November 12, 2013, for which the Reporting Person and the Reporting Person's spouse serve as trustees.
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units
Date: 2026-01-08 | Code: M (Exercise of derivative)
Shares: -11,963 | Price: $0.00
Shares Owned After: 23,926 | Ownership: D (Direct)
Footnotes:
[F3] Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
[F4] The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years.
[F4] The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years.
[Transaction #2]
Security: Restricted Stock Units
Date: 2026-01-08 | Code: M (Exercise of derivative)
Shares: -9,429 | Price: $0.00
Shares Owned After: 18,858 | Ownership: D (Direct)
Footnotes:
[F3] Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
[F5] The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years.
[F5] 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 Rafik Bawa and Aparna Bawa, as Trustees of the Bawa Family Trust under agreement dated November 12, 2013, for which the Reporting Person and the Reporting Person's spouse serve as trustees.
F2: Shares withheld by Issuer to satisfy the tax withholding obligation in connection with the vesting of Restricted Stock Units.
F3: Each restricted stock unit represents a contingent right to receive one share of Issuer's Class A Common Stock.
F4: The reporting person received an award of restricted stock units on July 8, 2022, which will vest in equal quarterly installments over four years.
F5: The Reporting Person received an award of restricted stock units on July 11, 2023 which will vest in equal quarterly installments over three years.
--- Signature ---
/s/ /s/ Aparna Bawa, Attorney-in-Fact (2026-01-12)
