{
  "id": 14322518,
  "title": "Zoom CFO Michelle Chang sells $844k in stock, prices $98.67-$99.84",
  "url": "https://urgent.news/2026/10/13/zoom-cfo-michelle-chang-sells-844k-in-stock-prices-98-67-99-84",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T23:46:00.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/zoom-cfo-michelle-chang-sells-844k-in-stock-prices-98679984-93CH-4947734"
  },
  "original_language": "en",
  "account": "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.\n\nPrior 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.\n\nDespite 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%.",
  "summary": null,
  "key_points": [
    "CFO Michelle Chang sold 8,489 Zoom shares worth $844,340 between $98.67-$99.84 per share.",
    "Sale occurred under Rule 10b5-1 plan established June 13, 2025.",
    "Chang previously bought 22,218 shares on October 9, 2026 to cover tax withholding costs."
  ],
  "editors_take": "Executing trades through a pre-established Rule 10b5-1 plan allows executives to liquidate significant holdings without signaling a lack of confidence in the company's underlying financial health or enterprise growth.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Box CFO Dylan Smith sells $621,571 in company stock",
        "url": "https://urgent.news/2026/10/13/box-cfo-dylan-smith-sells-621-571-in-company-stock",
        "published": "2026-10-13T23:00:55.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}