Zoom Director Santiago Subotovsky Disposes of 4,549 Shares Under 10b5-1 Plan

Transaction Summary

Zoom Communications, Inc. (NASDAQ: ZM) director Santiago Subotovsky reported the disposition of a aggregate 4,549 shares of Class A Common Stock across multiple tranches between October 15, 2026, and October 22, 2026, for a cumulative value of approximately $454,626.

Breakdown of Transactions

1. Indirect Sales (October 15, 2026):

   • Sold 717 shares held via the Subotovsky Mann Family Trust in six transactions at weighted-average prices between $93.65 and $98.26, yielding approximately $69,282.
   • Following these sales, indirect holdings in the trust were reduced to 0 shares.
   • Note: The filing indicates these October 15 sales were reported late due to an administrative error and were filed upon discovery.

2. Direct Sales (October 21–22, 2026):

   • October 21: Sold 3,436 shares at a weighted-average price of $100.49 and 376 shares at $101.19.
   • October 22: Sold 20 shares at a weighted-average price of $100.43.
   • Direct sales generated approximately $385,344.
   • Post-transaction direct ownership stands at 117,954 shares.

Context & Trading Significance

All transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on January 13, 2026. The sales represented roughly 3.7% of the insider's combined holdings prior to the transactions. Given the programmatic nature under a Rule 10b5-1 plan and the relatively modest scale compared to remaining direct holdings of 117,954 shares, this activity has Low market significance.