ZM CLUSTER SEC Filing Analysis

Latest settled — T+20d ⚠ clustered

ZM ▲ +37.33% at T+20d

SHORT call ✗ call lost -37.33% · α vs SPY -28.81% · entry $78.90 → $108.36

Next anchor: T+60d in 26d

Currently $96.83 · -22.72% from $78.90 entry (call sign-flipped)

Entry anchored
Apr 9, 03:59 PM ET
via Databento tick

T+1d

+4.94%

call -4.94% · α -3.96%

$82.80

settled 2mo ago

T+5d

+11.56%

call -11.56% · α -7.05%

$88.02

settled 8w ago

T+20d

+37.33%

call -37.33% · α -28.81%

$108.36

settled 5w ago

T+60d

—

call — · α —

—

in 26d

Price Chart

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Executive Summary

Five corporate insiders at Zoom Communications, including CEO Eric Yuan and CFO Michelle Chang, sold shares in the past week, realizing a total of $2.31 million in proceeds. The selling was led by the COO and CEO, with all transactions being open-market sales, indicating a coordinated exit by top leadership.

Key Financial Metrics

Direction

selling

Total Value

$2.3M

Insiders

5

Actionable Insight

C-suite-led selling, especially by the CEO and COO, raises concerns about confidence in near-term prospects. Monitor upcoming earnings for any guidance adjustments or margin pressures that may have prompted these exits.

Key Facts

CEO Eric Yuan sold $575,000 worth of shares, COO Aparna Bawa sold $1.05 million, and CFO Michelle Chang sold $414,000.
All five trades were open-market sales (S), totaling $2.31 million over a 7-day period.
Total insider selling represents approximately 0.0087% of Zoom's $26.7B market cap — modest in size but highly concentrated among C-suite executives.
No purchases or non-cash transactions (A, F, M, etc.) were reported in this cluster.

Financial Impact

$2.31 million in open-market share sales by insiders

insider sentimentshareholder confidencepotential dilution perception

Risk Factors

Perception of insider pessimism following strong post-pandemic performance
Potential for follow-on selling if other executives participate

Market Snapshot

Exchange

Nasdaq

Sector

Services-Computer Programming, Data Processing, Etc.

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

Document	Accession Number
CLUSTER Data (Synthetic)	cluster-ZM-1776804883764

11 reports for ZM

T+1T+5T+20T+60

29% Hit rate 2 of 7 directional calls best @ T+60▲ +16.80%Feb 25, 2026

Filters

Reports for ZM — sortable, filterable
	Type				Now
May 21, 2026 19d ago	8-K BULLISH ★ 7/10	$105.47 $111.52	▲ +5.74%	▲ +4.08%	$96.83 (−8.19%)
May 21, 2026 19d ago	Press Release NEUTRAL ★ 5/10	$105.47 $111.52	▲ +5.74%	▲ +4.08%	$96.83 (−8.19%)
May 4, 2026 5w ago	Insider Cluster NEUTRAL ★ 2/10	$106.57 $106.69	▲ +0.11%	▼ −2.82%	$96.83 (−9.14%)
May 1, 2026 5w ago	Court Ruling BEARISH ★ 6/10	$103.00 $108.36	▼ −5.20%	▼ −2.85%	$96.83 (+5.99%)
Apr 10, 2026 8w ago	Insider Cluster BEARISH ★ 7/10	$78.90 $88.02	▼ −11.56%	▼ −7.05%	$96.83 (−22.72%)
Apr 10, 2026 8w ago	Insider Cluster BEARISH ★ 6/10	$78.90 $88.02	▼ −11.56%	▼ −7.05%	$96.83 (−22.72%)
Apr 10, 2026 8w ago	Insider Cluster BEARISH ★ 6/10	$78.90 $88.02	▼ −11.56%	▼ −7.05%	$96.83 (−22.72%)
Apr 10, 2026 8w ago	Insider Cluster BEARISH ★ 6/10	$78.90 $88.02	▼ −11.56%	▼ −7.05%	$96.83 (−22.72%)
Mar 30, 2026 10w ago	Court Ruling NEUTRAL ★ 3/10	$78.64 $83.75	▲ +6.50%	▲ +2.20%	$96.83 (+23.13%)
Feb 28, 2026 14w ago	Institutional Cluster BEARISH ★ 6/10	$72.65 $76.77	▼ −5.67%	▼ −6.88%	$96.83 (−33.28%)

US Market Status

Market Closed — Opens Thu (11h 13m)

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