About this page
Insider trades reported on SEC Form 4: when the people who run a company buy or sell its shares with their own money.
How to read it
- Form 4
- The form a company insider (officer, director or owner of more than 10%) must file with the SEC within two business days of buying or selling the company's shares.
- Buy (P) and Sell (S)
- Open-market purchases and sales. Gifts, option exercises and automatic tax withholding are left out because they say little about what the insider thinks.
- Value
- Shares times price, as reported on the filing.
- 10b5-1
- A trade made under a plan set up in advance. Planned sales are common and usually say less than an unplanned purchase.
- Late filing
- A Form 4 filed more than two business days after the trade.
- Vs. S&P 500
- How the stock did after the trade minus how the overall market did in the same weeks.
A real example
In January 2016, when bank stocks were falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares with his own money, worth about $26 million. His Form 4 made the purchase public within days, and investors read it as a strong sign of confidence.
Explain it like I'm 13
If the coach of a team bets his own allowance that his team will win, that tells you something. A Form 4 is the note a company boss must hand in whenever he buys or sells his own company's shares, so everyone can see it.
Data from public SEC filings and congressional reports. Information, not investment advice. Check every number against the filing linked on the page.
Zoom Communications, Inc. (ZM): Insider Trades and Fund Holdings
In the past 12 months, Zoom Communications, Inc. insiders reported no open-market purchases and 16 sales worth $9.57M; 16 of the sales were reported as made under a 10b5-1 trading plan.
Timeline: news and trades
Company filings (8-K), insider trades, notices of planned sales (Form 144), Congress trades and fund moves in the past year, newest first.
- Oct 22, 2026Insider saleDirector Santiago Subotovsky sold $2,009 under a 10b5-1 plan
- Oct 21, 2026Insider saleCFO Michelle Chang sold $1 million under a 10b5-1 plan
- Oct 21, 2026Insider saleDirector Santiago Subotovsky sold $383,336 under a 10b5-1 plan
- Oct 21, 2026Insider saleDirector Herbert Raymond McMaster sold $151,875 under a 10b5-1 plan
- Oct 21, 2026Planned saleMICHELLE CHANG (officer) filed notice to sell about $989,804 around Oct 21, 2026
- Oct 15, 2026Insider saleDirector Santiago Subotovsky sold $69,282 under a 10b5-1 plan
- Oct 15, 2026Planned saleSantiago Subotovsky (director) filed notice to sell about $70,632 around Oct 15, 2026
- Oct 13, 2026Planned saleKIMBERLY MCGARRY (officer) filed notice to sell about $851,294 around Oct 13, 2026
- Oct 13, 2026Planned saleMICHELLE CHANG (officer) filed notice to sell about $842,617 around Oct 12, 2026
- Oct 13, 2026Planned saleVELCHAMY SANKARLINGAM (officer) filed notice to sell about $758,876 around Oct 12, 2026
- Oct 12, 2026Insider saleCFO Michelle Chang sold $844,341 under a 10b5-1 plan
- Oct 12, 2026Insider salePres. of Engineering & Product Velchamy Sankarlingam sold $758,875 under a 10b5-1 plan
- Oct 8, 2026Insider saleDirector Herbert Raymond McMaster sold $284,120 under a 10b5-1 plan
- Oct 8, 2026Planned saleMcMaster Herbert Raymond (director) filed notice to sell about $654,120 around Oct 8, 2026
- Oct 6, 2026Insider saleCEO Eric S. Yuan sold $1.1 million under a 10b5-1 plan
- Oct 5, 2026Insider saleCEO Eric S. Yuan sold $1.1 million under a 10b5-1 plan
- Oct 5, 2026Insider saleDirector Santiago Subotovsky sold $247,196 under a 10b5-1 plan
- Sep 10, 2026Insider salePres. of Engineering & Product Velchamy Sankarlingam sold $248,141 under a 10b5-1 plan (8 days after: executive or director change)
- Sep 10, 2026Planned saleVELCHAMY SANKARLINGAM (officer) filed notice to sell about $248,141 around Sep 10, 2026
- Sep 8, 2026Insider saleDirector Santiago Subotovsky sold $254,805 under a 10b5-1 plan (6 days after: executive or director change)
- Sep 2, 2026NewsCompany reported: Executive or director change
- Sep 2, 2026Insider saleCEO Eric S. Yuan sold $1.2 million under a 10b5-1 plan (0 days after: executive or director change)
- Sep 1, 2026Insider saleCEO Eric S. Yuan sold $1.2 million under a 10b5-1 plan (7 days after: quarterly or annual results)
- Aug 25, 2026NewsCompany reported: Quarterly or annual results
- Jul 15, 2026Insider salePres. of Engineering & Product Velchamy Sankarlingam sold $703,089 under a 10b5-1 plan
- Jun 30, 2026FundRenaissance Technologies cut 3% in Q2 2026 (13F filed Aug 13, 2026)
Recent insider trades
Open-market purchases (code P) and sales (code S) from Form 4. Grants, option exercises and gifts are not shown. Latest filing: Oct 23, 2026.
| Filed | Insider | Type | Value |
|---|---|---|---|
| Oct 23 | Michelle ChangCFO | ▼ SELL10b5-1 | $1.04M |
| Oct 23 | Santiago SubotovskyDirector | ▼ SELL10b5-1 | $383K |
| Oct 23 | Herbert Raymond McMasterDirector | ▼ SELL10b5-1 | $152K |
| Oct 23 | Santiago SubotovskyDirector | ▼ SELL10b5-1 | $69K |
| Oct 23 | Santiago SubotovskyDirector | ▼ SELL10b5-1 | $2K |
| Oct 13 | Michelle ChangCFO | ▼ SELL10b5-1 | $844K |
| Oct 13 | Velchamy SankarlingamPres. of Engineering & Product | ▼ SELL10b5-1 | $759K |
| Oct 13 | Herbert Raymond McMasterDirector | ▼ SELL10b5-1 | $284K |
| Oct 7 | Eric S. YuanCEO | ▼ SELL10b5-1 | $1.14M |
| Oct 7 | Eric S. YuanCEO | ▼ SELL10b5-1 | $1.13M |
Insiders who traded in the past year
| Insider | Role | Buys | Bought | Sells | Sold |
|---|---|---|---|---|---|
| Michelle Chang | CFO | 0 | $0 | 2 | $1.88M |
| Santiago Subotovsky | Director | 0 | $0 | 5 | $957K |
| Herbert Raymond McMaster | Director | 0 | $0 | 2 | $436K |
| Velchamy Sankarlingam | Pres. of Engineering & Product | 0 | $0 | 3 | $1.71M |
| Eric S. Yuan | CEO | 0 | $0 | 4 | $4.59M |
Buybacks and executive pay
Zoom Communications, Inc. spent $1.62 billion buying back its own shares in 2025.
| Year | CEO pay reported | CEO pay "actually paid" | Value of $100 invested |
|---|---|---|---|
| 2025 | $1.28M | −$680K | n/a |
| 2024 | $3.43M | $13.7M | n/a |
| 2023 | $28.1M | $21.2M | n/a |
From the company's XBRL data filed with the SEC. "Actually paid" is the SEC's pay-versus-performance measure, which counts changes in the value of stock awards. "Value of $100 invested" is the company's cumulative shareholder return as reported, usually measured from five years earlier. See all buybacks and CEO pay across companies.
A 2 of 16 insider trades reported after the deadline. How it is graded
Tracked funds that report ZM
From each fund's latest 13F. Holdings are as of quarter end and are filed up to 45 days later.
| Fund | Shares | Value | Change |
|---|---|---|---|
| Renaissance Technologies | 2,380,704 | $205.5M | ▼ −3.2% |
Reading these numbers
Insiders sell for many reasons: taxes, diversification, a house. Purchases with their own money are rarer and are usually read as more informative. A Form 4 is due within two business days of the trade. How to read a Form 4 →