Zoom Communications Director Santiago Subotovsky Sells $254.8K in Shares Under 10b5-1 Plan
Zoom Communications, Inc.
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Filing Summary
📊 Insider Sale Alert: Zoom Communications, Inc. ($ZM) Insider: Santiago Subotovsky (Director) Transaction Date: September 8, 2026 Shares Sold: 2,637 Average Price: ~$96.63 Total Value: $254,804.68 Post-Transaction Holdings: 124,423 shares Notes: Executed pursuant to a Rule 10b5-1 trading plan adopted on January 13, 2026.
Comprehensive Analysis
Executive Summary
On September 10, 2026, Zoom Communications, Inc. ($ZM) director Santiago Subotovsky disclosed the sale of 2,637 shares of Class A Common Stock across two transactions on September 8, 2026. The sales generated aggregate proceeds of approximately $254,805 at an average weighted price of $96.63 per share.
Transaction Details
- 1,792 shares sold at a weighted average price of $96.48 (range: $95.80 – $96.79).
- 845 shares sold at a weighted average price of $96.95 (range: $96.80 – $97.60).
- Remaining Direct Ownership: 124,423 shares.
Strategic & Market Context
- 10b5-1 Plan Execution: The transactions were executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on January 13, 2026.
- Significance: The transaction represents approximately 2.07% of the insider's direct position prior to the sale. Given the routine nature of the Rule 10b5-1 pre-scheduled plan and the modest size relative to holdings, the trading significance is categorized as Low.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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