Zoom Director Santiago Subotovsky Files Form 144 to Sell 717 Shares

Insider Filing Analysis: Form 144

Company: Zoom Communications, Inc. (ZM)
Filer: Santiago Subotovsky
Role: Director
Filing Date: October 15, 2026

Transaction Summary

Director Santiago Subotovsky submitted a Form 144 proposing the sale of 717 shares of Class A Common Stock, representing an aggregate market value of $70,631.67 (approx. $98.51 per share). The proposed sale date is October 15, 2026, executed through Goldman Sachs & Co. LLC.

Key Observations

• 10b5-1 Trading Plan: The transaction is governed by a pre-scheduled Rule 10b5-1 trading plan established on January 13, 2026.
• Ownership Structure: According to the filing remarks, the 717 shares are held and being sold via the Subotovsky Mann Family Trust 12/10/2015.
• Origin of Shares: The shares were acquired directly from the issuer on June 10, 2026, as equity compensation through the vesting of Restricted Stock Units (RSUs).
• Past 3 Months Activity: The insider has executed several sales in recent months totaling 13,185 shares ($1.30M gross proceeds).

Market Significance

This filing carries Low significance due to the modest transaction size ($70,631.67) relative to Zoom's total outstanding shares (263.2M) and its routine nature pursuant to an established Rule 10b5-1 plan.