Box CFO Dylan Smith sells $621,571 in company stock

On October 12, 2026, Michelle Chang, the Chief Financial Officer of Zoom Communications, Inc. (NASDAQ:ZM), sold 8,489 shares of the company’s Class A Common Stock, totaling $844,340. The sale occurred within a range of $98.6696 to $99.8414 per share. The transactions were carried out according to a Rule 10b5-1 trading plan Chang established on June 13, 2025. Currently, the stock price stands at $98.16, having increased by nearly 24% over the past year.

Prior to making the sales, Chang purchased 22,218 shares on October 9, 2026, when restricted stock units (RSUs) vested. Each RSU entitles the recipient to one share of Zoom Communications’ Class A Common Stock. As part of the RSU vesting, 8,743 shares were withheld by the company to meet tax withholding requirements, valued at $94.67 per share, amounting to $827,699.

The RSU award was granted over time, with a portion already having vested on October 9, 2025, and the remaining units to vest quarterly thereafter, provided Chang remains with the company.

Despite this insider sale, Zoom still boasts solid financial health, with a gross profit margin of nearly 78% and more cash assets than debt obligations. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value assessment, earning a financial health score of 3.36 out of 5. Additionally, Zoom reported its second fiscal quarter 2027 results, highlighting strong growth in its enterprise segment, with enterprise growth reaching an 11-quarter high of 7.8%.