Form 4: Zoom Communications CFO Sells Shares
Insider Transaction (Form 4)
Michelle Chang, Chief Financial Officer of Zoom Communications, Inc., sold 8,489 shares of common stock on July 9, 2026.
Summary
- Option exercise/conversion: acquired 22,217 Class A Common Stock on July 9, 2026; holds 52,684 after (Direct).
- Tax/exercise-price withholding: disposed of 8,743 Class A Common Stock at $87.40 ($764,138) on July 9, 2026; holds 43,941 after (Direct).
- Open-market sale: disposed of 8,189 Class A Common Stock at $90.78 ($743,425) on July 10, 2026; holds 35,752 after (Direct).
- Open-market sale: disposed of 300 Class A Common Stock at $91.31 ($27,394) on July 10, 2026; holds 35,452 after (Direct).
- Option exercise/conversion: disposed of 22,217 Restricted Stock Units on July 9, 2026; holds 199,956 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $770,820 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Michelle Chang — Officer (Chief Financial Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-09 | Option exercise/conversion | Class A Common Stock | 22,217 | — | — | 52,684 |
| 2026-07-09 | Tax/exercise-price withholding | Class A Common Stock | 8,743 | $87 | $764.1K | 43,941 |
| 2026-07-10 | Open-market sale | Class A Common Stock | 8,189 | $91 | $743.4K | 35,752 |
| 2026-07-10 | Open-market sale | Class A Common Stock | 300 | $91 | $27.4K | 35,452 |
| 2026-07-09 | Option exercise/conversion | Restricted Stock Units | 22,217 | — | — | 199,956 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-09 | Option exercise/conversion (22,217 shares) |
| 2026-07-09 | Tax/exercise-price withholding (8,743 shares) |
| 2026-07-10 | Open-market sale (8,189 shares) |
| 2026-07-10 | Open-market sale (300 shares) |
| 2026-07-09 | Option exercise/conversion (22,217 shares) |
Keywords
insider transaction, Form 4, ZM, Zoom Communications, Inc., bearish, Michelle Chang
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