Zoom Communications Officer Michelle Chang Files Form 144 to Sell ~$990K in Stock

Executive Summary

On October 21, 2026, Michelle Chang, an officer at Zoom Communications, Inc. (CIK: 0001585521), filed SEC Form 144 indicating an intent to sell 10,156 shares of Class A Common Stock with an estimated aggregate market value of $989,803.76 (approx. $97.46 per share).

Transaction Details

• Security: Class A Common Stock
• Proposed Sale Amount: 10,156 shares
• Estimated Aggregate Market Value: $989,803.76
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
• Approximate Date of Sale: October 21, 2026
• Securities Origin: The shares were originally acquired on October 9, 2025, from the issuer upon the vesting of Restricted Stock Units (RSUs).
• Trading Plan: The proposed sale is executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on July 8, 2026.

Prior Activity & Market Context

Within the past three months, Michelle Chang also sold 8,489 shares on October 12, 2026, generating gross proceeds of $844,340.57. With 263,233,141 shares outstanding, the proposed sale represents a negligible fraction (<0.004%) of total shares outstanding and falls under a pre-established 10b5-1 plan, suggesting routine equity diversification rather than discretionary market timing.