• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed by Zoom Video Communications Inc. (Amendment)

    2/14/24 4:01:02 PM ET
    $ZM
    Computer Software: Programming Data Processing
    Technology
    Get the next $ZM alert in real time by email
    SC 13G/A 1 d786911dsc13ga.htm SC 13G/A SC 13G/A

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    SCHEDULE 13G

    UNDER THE SECURITIES EXCHANGE ACT OF 1934

    (Amendment No. 4)*

     

     

    Zoom Video Communications, Inc.

    (Name of Issuer)

    CLASS A COMMON STOCK, $0.001 PAR VALUE PER SHARE

    (Title of Class of Securities)

    98980L101

    (CUSIP Number)

    December 31, 2023

    (Date of Event Which Requires Filing of this Statement)

     

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    ☐ Rule 13d-1(b)

    ☐ Rule 13d-1(c)

    ☒ Rule 13d-1(d)

     

    *

    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     


    CUSIP No. 9890L101    SCHEDULE 13G    Page 2 of 5

     

     1.   

     NAMES OF REPORTING PERSONS

     

     Eric S. Yuan

     2.  

     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

     (a) ☐  (b) ☐

     

     3.  

     SEC USE ONLY

     

     4.  

     CITIZENSHIP OR PLACE OF ORGANIZATION

     

     United States of America

    NUMBER OF

    SHARES  BENEFICIALLY 

    OWNED BY

    EACH

    REPORTING

    PERSON

    WITH

       5.    

     SOLE VOTING POWER

     

     68,455(1)(3)

       6.   

     SHARED VOTING POWER

     

     22,609,762(2)(3)

       7.   

     SOLE DISPOSITIVE POWER

     

     68,455(1)(3)

       8.   

     SHARED DISPOSITIVE POWER

     

     22,609,762(2)(3)

     9.   

     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     

     22,678,217

    10.  

     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     

     ☐

    11.  

     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     

     7.4% of capital stock, 8.0% of Class A Common Stock (3)(4)(5)

    12.  

     TYPE OF REPORTING PERSON

     

     IN

     

    (1)

    Represents 68,455 shares of Class A Common Stock that are issuable upon vesting of restricted stock units within 60 days of December 31, 2023 held by Mr. Yuan.

    (2)

    Represents (i) 82,270 shares of Class A Common Stock; and (ii) 22,527,492 shares of Class B Common Stock held of record by Zheng Yuan and Hongyu Zhang, cotrustees of the 2018 Yuan and Zhang Revocable Trust, for which Mr. Yuan and his spouse serve as cotrustees.

    (3)

    Each share of Class A Common Stock is entitled to one vote, and each share of Class B Common Stock is entitled to ten votes. Each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon certain events specified in the Issuer’s certificate of incorporation.

    (4)

    The percent of class was calculated based on (i) 259,561,761 shares of Class A Common Stock and (ii) 46,660,424 shares of Class B Common Stock outstanding as of December 31, 2023.

    (5)

    Based on the aggregate number of shares of Class B Common Stock beneficially owned by the reporting person, which pursuant to Rule 13d-3 of the Securities Exchange Act of 1934, as amended, is treated as converted into Class A Common Stock only for purposes of computing the percentage ownership of the reporting person. In accordance with Rule 13d-3, the percentage reported does not reflect the ten for one voting power of the Class B Common Stock because the Class B Common Stock is not a registered class of voting equity securities under the Securities Exchange Act of 1934, as amended. The 22,527,492 shares of Class B Common Stock held by Eric S. Yuan represent 31.0% of the aggregate combined voting power of the Class A Common Stock and Class B Common Stock.


    CUSIP No. 9890L101    SCHEDULE 13G    Page 3 of 5

     

    Item 1.    Issuer
       (a)    Name of Issuer:
          Zoom Video Communications, Inc. (the “Issuer”)
       (b)    Address of Issuer’s Principal Executive Offices:
         

    55 Almaden Boulevard, 6th Floor

    San Jose, California 95113

    Item 2.    Filing Person
       (a)    Name of Persons Filing:
          Eric S. Yuan
       (b)    Address of Principal Business Office, or if none, Residence:
          55 Almaden, Boulevard, 6th Floor
    San Jose, California, 95113
       (c)    Citizenship:
          United States of America
       (d)    Title of Class of Securities:
          Class A Common Stock, $0.001 par value per share
       (e)    CUSIP Number:
          98980L101
    Item 3.    If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
       (a)    ☐    Broker or dealer registered under Section 15 of the Act;
       (b)    ☐    Bank as defined in Section 3(a)(6) of the Act;
       (c)    ☐    Insurance company as defined in Section 3(a)(19) of the Act;
       (d)    ☐    Investment company registered under Section 8 of the Investment Company Act of 1940;
       (e)    ☐    An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
       (f)    ☐    An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);


    CUSIP No. 9890L101    SCHEDULE 13G    Page 4 of 5

     

       (g)    ☐    A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
       (h)    ☐    A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       (i)    ☐    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;
       (j)    ☐    A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
       (k)    ☐    Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
          If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:
    Item 4.    Ownership.   
       (a)       Amount beneficially owned:
             See response in Row 9 on page 2 for Reporting Person
       (b)       Percent of Class:
             See response in Row 11 on page 2 for Reporting Person
       (c)       Number of shares as to which such person has:
          (i)    Sole power to vote or to direct the vote:
             68,455
          (ii)    Shared power to vote or to direct the vote:
             22,609,762
          (iii)    Sole power to dispose or to direct the disposition:
             68,455
          (iv)    Shared power to dispose or direct the disposition of:
             22,609,762


    CUSIP No. 9890L101    SCHEDULE 13G    Page 5 of 5

     

    Item 5.    Ownership of Five Percent or Less of a Class.
       If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. ☐
    Item 6.    Ownership of More than Five Percent on Behalf of Another Person.
       Not Applicable.
    Item 7.    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
       Not Applicable.
    Item 8.    Identification and Classification of Members of the Group.
       Not Applicable.
    Item 9.    Notice of Dissolution of Group.
       Not Applicable.
    Item 10.    Certification.
       Not Applicable.

    SIGNATURE

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Date: February 14, 2024

     

    Eric S. Yuan
    /s/ Eric S. Yuan
    Get the next $ZM alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $ZM

    DatePrice TargetRatingAnalyst
    1/17/2025$87.00Neutral
    Cantor Fitzgerald
    1/7/2025$70.00 → $85.00Underweight → Equal Weight
    Wells Fargo
    12/19/2024$85.00 → $100.00Hold → Buy
    Jefferies
    11/26/2024$70.00 → $115.00In-line → Outperform
    Evercore ISI
    10/17/2024$80.00 → $85.00Outperform
    Wedbush
    4/18/2024$75.00Neutral → Buy
    Rosenblatt
    3/19/2024$70.00Hold
    Jefferies
    1/18/2024$60.00Neutral → Underperform
    Exane BNP Paribas
    More analyst ratings

    $ZM
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Zoom and ServiceNow Announce Strategic Integration to Elevate Customer and Employee Experiences

      LAS VEGAS, May 07, 2025 (GLOBE NEWSWIRE) -- Zoom Communications Inc. (NASDAQ:ZM) and ServiceNow (NYSE:NOW), the AI platform for business transformation, today announced plans to integrate Zoom CX with ServiceNow CRM and IT Service Management (ITSM). The integration, announced as part of Knowledge 2025, ServiceNow's annual customer and partner event, will deliver a turnkey, AI-first solution for customer service and IT support in the contact center. "This integration unites the power of Zoom's AI-first omnichannel contact center platform with ServiceNow's CRM and Industry workflows, bringing voice, video, and digital interactions directly into the flow of work for service teams, making the

      5/7/25 11:00:00 AM ET
      $NOW
      $ZM
      Computer Software: Prepackaged Software
      Technology
      Computer Software: Programming Data Processing
    • Zoom to Release Financial Results for the First Quarter of Fiscal Year 2026

      SAN JOSE, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- Zoom Communications, Inc. (NASDAQ:ZM) today announced it will release its financial results for the first quarter of fiscal year 2026 on Wednesday, May 21, 2025, after the market closes. A live Zoom Webinar of the event can be accessed at 2:00 pm PT / 5:00 pm ET through Zoom's investor relations website at https://investors.zoom.com. A replay will be available approximately two hours after the conclusion of the live event. About ZoomZoom's mission is to provide an AI-first work platform for human connection. Reimagine teamwork with Zoom Workplace — Zoom's open collaboration platform with AI Companion empowers teams to be more productive.

      5/1/25 4:05:00 PM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology
    • Zoom Workplace for Frontline now available to improve on-shift communications and work management for frontline workers

      SAN JOSE, Calif., April 16, 2025 (GLOBE NEWSWIRE) -- Today, Zoom Communications, Inc. (NASDAQ:ZM), announced the launch of Zoom Workplace for Frontline, a purpose-built mobile-first solution that unlocks agentic Zoom AI Companion skills for all frontline workers and managers with paid Zoom accounts. Zoom Workplace for Frontline is designed to streamline on-shift communications and work management tools to help frontline workers—ranging from retail and manufacturing to healthcare and first responders—get more done, do better work, and strengthen relationships. "Our mission of delivering an AI-first open work platform isn't just limited to knowledge workers; we're also thinking about how we

      4/16/25 9:00:00 AM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology

    $ZM
    SEC Filings

    See more
    • SEC Form DEF 14A filed by Zoom Communications Inc.

      DEF 14A - Zoom Communications, Inc. (0001585521) (Filer)

      5/1/25 4:05:33 PM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology
    • SEC Form DEFA14A filed by Zoom Communications Inc.

      DEFA14A - Zoom Communications, Inc. (0001585521) (Filer)

      5/1/25 4:05:58 PM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology
    • SEC Form 8-K filed by Zoom Communications Inc.

      8-K - Zoom Communications, Inc. (0001585521) (Filer)

      4/25/25 4:01:22 PM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology

    $ZM
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Zoom Video Communications Inc. (Amendment)

      SC 13G/A - Zoom Video Communications, Inc. (0001585521) (Subject)

      2/14/24 4:01:02 PM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology
    • SEC Form SC 13G/A filed by Zoom Video Communications Inc. (Amendment)

      SC 13G/A - Zoom Video Communications, Inc. (0001585521) (Subject)

      2/13/24 5:17:37 PM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology
    • SEC Form SC 13G/A filed by Zoom Video Communications Inc. (Amendment)

      SC 13G/A - Zoom Video Communications, Inc. (0001585521) (Subject)

      1/31/24 2:08:27 PM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology

    $ZM
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Subotovsky Santiago sold $195,087 worth of shares (2,475 units at $78.82), decreasing direct ownership by 2% to 157,824 units (SEC Form 4)

      4 - Zoom Communications, Inc. (0001585521) (Issuer)

      5/7/25 7:26:34 PM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology
    • Director Subotovsky Santiago sold $186,684 worth of shares (2,475 units at $75.43), decreasing direct ownership by 2% to 160,299 units (SEC Form 4)

      4 - Zoom Communications, Inc. (0001585521) (Issuer)

      4/28/25 7:56:53 PM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology
    • Director Chadwick Jonathan converted options into 12,500 shares and sold $937,926 worth of shares (12,500 units at $75.03) (SEC Form 4)

      4 - Zoom Communications, Inc. (0001585521) (Issuer)

      4/28/25 7:55:15 PM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology

    $ZM
    Leadership Updates

    Live Leadership Updates

    See more
    • Zoom Appoints Michelle Chang as Chief Financial Officer

      SAN JOSE, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications (NASDAQ:ZM), today announced that Michelle Chang has been appointed as its Chief Financial Officer (CFO), effective October 7, 2024. Chang brings more than 25 years of experience in financial leadership roles, most recently serving as Corporate Vice President and CFO of Microsoft's Commercial Sales & Partner Organization. Reporting directly to Zoom's founder and CEO Eric S. Yuan, Chang will be responsible for overseeing Zoom's financial strategy, and will lead the global finance organization, including investor relations, tax, accounting and FP&A. Chang will succeed Kelly Steckelberg, who as previously announced

      10/1/24 9:00:01 AM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology
    • Zoom Appoints Mike Fenger to Board of Directors

      SAN JOSE, Calif., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM) announced that it has appointed Mike Fenger, vice president Worldwide Sales, Apple, as an independent director on Zoom's Board of Directors effective immediately. "Zoom plays an important role connecting people around the world, and I'm excited to join the Board and contribute to its future success," said Mike Fenger, vice president Worldwide Sales, Apple. "Eric Yuan has built a great team and the company's dedication to driving innovative technology is inspiring. I'm really looking forward to working with them." "On behalf of Zoom's Board of Directors, I am thrilled to welcome Mike to the

      8/26/24 9:00:00 AM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology
    • Freshworks Appoints Abe Smith as Chief of Global Field Operations

      SAN MATEO, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQ:FRSH) today announced the appointment of Abe Smith as the company's Chief of Global Field Operations. He will be responsible for leading field sales worldwide as Freshworks grows upmarket and new business increasingly comes from field sales. Smith brings nearly 25 years of experience at public software companies Zoom, Oracle and Cisco (WebEx), leading teams responsible for building relationships to top enterprise customers and driving more than $1 billion in revenue. "Abe is an impressive leader who has successfully scaled field sales from local to international and mid market to enterprise. This makes him excep

      2/7/24 8:00:00 AM ET
      $FRSH
      $ZM
      Computer Software: Prepackaged Software
      Technology
      Computer Software: Programming Data Processing

    $ZM
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Cantor Fitzgerald initiated coverage on Zoom Communications with a new price target

      Cantor Fitzgerald initiated coverage of Zoom Communications with a rating of Neutral and set a new price target of $87.00

      1/17/25 7:53:11 AM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology
    • Zoom Communications upgraded by Wells Fargo with a new price target

      Wells Fargo upgraded Zoom Communications from Underweight to Equal Weight and set a new price target of $85.00 from $70.00 previously

      1/7/25 8:36:47 AM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology
    • Zoom Communications upgraded by Jefferies with a new price target

      Jefferies upgraded Zoom Communications from Hold to Buy and set a new price target of $100.00 from $85.00 previously

      12/19/24 8:35:21 AM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology

    $ZM
    Financials

    Live finance-specific insights

    See more
    • Zoom Communications Reports Financial Results for the Third Quarter of Fiscal Year 2025

      Third quarter total revenue of $1,177.5 million, up 3.6% year over year as reported and in constant currencyThird quarter Enterprise revenue of $698.9 million, up 5.8% year over yearThird quarter GAAP operating margin of 15.5% and non-GAAP operating margin of 38.9%Number of customers contributing more than $100,000 in trailing 12 months revenue up 7.1% year over yearRepurchased approximately 4.4 million shares of common stock in third quarterIncreased total common stock repurchase authorization by $1.2 billion, resulting in approximately $2.0 billion remaining to be repurchased SAN JOSE, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Zoom Communications, Inc. (NASDAQ:ZM)

      11/25/24 4:05:48 PM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology
    • Zoom Video Communications Reports Financial Results for the Second Quarter of Fiscal Year 2025

      Second quarter total revenue of $1,162.5 million, up 2.1% year over year as reported and 2.4% in constant currencySecond quarter Enterprise revenue of $682.8 million, up 3.5% year over yearSecond quarter GAAP operating margin of 17.4% and non-GAAP operating margin of 39.2%Second quarter operating cash flow of $449.3 million, up 33.7% year over yearRepurchased approximately 4.8 million shares of common stock in Q2 SAN JOSE, Calif., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM), today announced financial results for the second fiscal quarter ended July 31, 2024. "In Q2, we outperformed our guidance across the board and grew operating cash flow and free c

      8/21/24 4:05:07 PM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology
    • Zoom Video Communications Reports Financial Results for the First Quarter of Fiscal Year 2025

      First quarter total revenue of $1,141.2 million, up 3.2% year over year as reported and 3.5% in constant currencyFirst quarter Enterprise revenue of $665.7 million, up 5.3% year over yearFirst quarter GAAP operating margin of 17.8% and non-GAAP operating margin of 40.0%First quarter operating cash flow of $588.2 million, up 40.6% year over yearRepurchased approximately 2.4 million shares of common stock SAN JOSE, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ:ZM), today announced financial results for the first fiscal quarter ended April 30, 2024. "In Q1, we continued to integrate AI across our platform including Zoom Contact Center and Zoom Workplace, o

      5/20/24 4:05:27 PM ET
      $ZM
      Computer Software: Programming Data Processing
      Technology