Form 4: Zoom Communications COO Aparna Bawa Reports Stock Transactions
SEC Form 4 Filing
Aparna Bawa, COO of Zoom Communications, reports the vesting and subsequent tax withholding of shares related to restricted stock units.
Summary
- Aparna Bawa, the Chief Operating Officer of Zoom Communications, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On April 8, 2025, restricted stock units vested, resulting in the acquisition of 21,392 Class A Common Stock shares.
- The issuer withheld 10,864 shares to cover tax obligations at a price of $68.05 per share.
- On April 9, 2025, performance-vesting restricted stock units vested, resulting in the acquisition of 11,320 Class A Common Stock shares.
- The issuer withheld 5,749 shares to cover tax obligations at a price of $66.7 per share.
- Following these transactions, Bawa directly owns 12,506 shares and indirectly owns 18,077 shares through a family trust.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock vesting and tax obligations, with no particularly positive or negative implications.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| November 12, 2013 | Date of the Bawa Family Trust agreement. |
| July 8, 2022 | Date of restricted stock unit award that vests quarterly over four years. |
| July 11, 2023 | Date of restricted stock unit award that vests quarterly over three years. |
| February 25, 2025 | Date of Compensation Committee's determination of performance-vesting RSU achievement. |
| April 8, 2025 | Date of restricted stock units vesting and tax withholding. |
| April 9, 2025 | Date of performance-vesting restricted stock units vesting and tax withholding. |
| April 10, 2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Zoom Communications, Aparna Bawa, Restricted Stock Units, Performance-vesting RSU, Stock Transactions, Tax Withholding
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