Form 4: Zoom Communications COO Aparna Bawa Reports Stock Transactions

Sentiment:

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

DateDescription
November 12, 2013Date of the Bawa Family Trust agreement.
July 8, 2022Date of restricted stock unit award that vests quarterly over four years.
July 11, 2023Date of restricted stock unit award that vests quarterly over three years.
February 25, 2025Date of Compensation Committee's determination of performance-vesting RSU achievement.
April 8, 2025Date of restricted stock units vesting and tax withholding.
April 9, 2025Date of performance-vesting restricted stock units vesting and tax withholding.
April 10, 2025Date 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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