---
title: "Eric Yuan's ZM April Print: $10M Across Exercise, Sell, Convert"
type: news
slug: yuan-eric-zoom-april-2026-mixed-print
canonical_url: https://13finsight.com/news/yuan-eric-zoom-april-2026-mixed-print
published_at: 2026-05-13T04:08:27.609Z
updated_at: 2026-05-13T04:08:31.516Z
author: Alex Rivera
author_title: Breaking News Editor
author_url: https://13finsight.com/authors/alex-rivera
word_count: 820
locale: en
source: 13F Insight
---

# Eric Yuan's ZM April Print: $10M Across Exercise, Sell, Convert

> Zoom founder Eric Yuan filed a 20-transaction Form 4 sequence across April 13-14, 2026 mixing exercises, conversions, tax withholdings, and open-market sales for roughly $10.1 million in proceeds. The codes mix says this is a compensation event, not a directional bet.

Eric Yuan, founder and CEO of Zoom Communications, filed a 20-line Form 4 sequence on April 13 and April 14, 2026 spanning five distinct transaction codes — S (open-market sale), M (option exercise), C (conversion), F (tax withholding at vest), and A (award). Combined proceeds across the window: roughly $10.13 million. The latest filing accession on record is 0001585521-26-000054.The codes mix is the headline. A 20-transaction Form 4 cluster that combines exercises, conversions, withholdings, and open-market clears is the structural signature of a compensation event — not a discretionary directional view. Reading this as a CEO 'selling Zoom into weakness' would miss the mechanics.What the 20 lines actually containThe April 13-14 window decomposes as follows:8 'S' lines — open-market sales clearing between $79.94 and $84.30 per share. The deepest single ticket was a 26,243-share clip on April 13 at $81.92.5 'M' lines — option exercises at vested strikes, which convert compensation into common stock without hitting the public tape.4 'C' lines — security conversions (typically RSU-to-common or Class B-to-Class A), again non-market structural events.2 'F' lines — shares withheld at the moment of vest to cover the tax bill. These are forced transactions, not a view.1 'A' line — a new equity award. Not a sale at all.The net Form 4 Table I position reported after the final April 14 sale: 36,796 directly-held Class A shares. That is a residual number; it does not represent the founder's full economic interest in Zoom because Form 4 Table I excludes unvested options, deferred compensation, RSU pools, and any holdings via family trusts or partnerships that report under separate filer CIKs.What the 13G register saysThe most recent Zoom Schedule 13G filings come from institutional holders, not from the founder. Eric Yuan's last Schedule 13G/A on the security was a February 14, 2024 exit at 0.0%, meaning his direct reporting position dropped below the 5% threshold more than two years ago. The current >5% beneficial owners on the public ZM record are:Vanguard Capital Management LLC — 5.190% / 13,809,722 shares (SC 13G, April 30, 2026).Vanguard Portfolio Management — 5.050% / 13,442,768 shares (SC 13G, April 29, 2026).Read carefully, this is a story about Zoom's float ownership rotating into passive index complexes rather than the founder unwinding a controlling stake. The 36,796 Class A shares 'remaining' on Yuan's Form 4 sit alongside whatever compensation pool is still vesting forward — a structure that produces this kind of mixed-code April print on a recurring basis.Where the institutional base sitsZoom's institutional roster is 855 holders deep with a long tail. The top six positions blend index, quantitative, and active mandates:BlackRock, Inc. — $1.50 billionVanguard Portfolio Management — $1.08 billionAQR Capital Management — $1.05 billionFMR LLC (Fidelity) — $1.02 billionVanguard Capital Management — $924 millionState Street — $654 millionFMR LLC is the active institutional position to watch. AQR's quantitative book at over $1 billion — its position size reflects factor exposure, not a fundamental view on Zoom. BlackRock, Vanguard, and SSGA round out the passive index seats.Reading the price tapeThe April 13 sales cleared between $79.94 and $82.60 per share. The April 14 sales cleared between $81.80 and $84.30. The full window of intraday volume-weighted execution suggests the open-market sales were dispatched through an algorithmic broker — small-lot, tight price ladders, no overnight gap risk between days. That pattern is structurally consistent with prearranged compensation-funding sales (Rule 10b5-1 plans or equivalent) even where the Form 4 fields do not surface an explicit plan footnote.What to watch nextThree observable anchors define the post-April window:The next Zoom earnings release. This is the next valuation reference for the April price ladder and the cleanest test of whether the April mix prefigured a soft tape or simply documented a vesting event.FMR LLC's next 13F. Fidelity sits in the active-mandate seat at over $1 billion of reported ZM value; a position change in the next 13F is the cleanest institutional read.Any new Schedule 13G/A filing on ZM. The April 30 Vanguard amendment is the most recent. If a >5% holder crosses the 6% threshold, or if a new active filer appears, the institutional concentration narrative shifts.For Yuan's full transaction history and prior windows, see the insider profile. Aggregate signal context is on the insights feed.FAQWhy did Eric Yuan sell Zoom shares in April 2026?The 20-line April 13-14, 2026 filing combined option exercises, conversions, tax withholdings, awards, and open-market sales. The codes mix is the structural signature of a compensation event, not a discretionary directional view.How many ZM shares does Yuan directly own?After the April 14 sales, the Form 4 reports 36,796 directly-held Class A shares. The figure excludes unvested options, deferred compensation, RSU pools, and any holdings via family trusts that report under separate filer CIKs.What price did Yuan's April sales clear at?The eight open-market 'S' transactions cleared between $79.94 and $84.30 per share across April 13-14, 2026. Combined proceeds across the full 20-line filing were roughly $10.13 million per accession number 0001585521-26-000054.

## FAQ

### Why did Eric Yuan sell Zoom shares in April 2026?

The 20-line April 13-14, 2026 Form 4 combined option exercises, conversions, tax withholdings, awards, and open-market sales across five distinct transaction codes. That mix is the structural signature of a compensation event, not a discretionary directional view on Zoom.

### How many Zoom shares does Eric Yuan directly own?

After the April 14, 2026 sales, the Form 4 Table I reports 36,796 directly-held Class A shares. The figure excludes unvested options, deferred compensation, RSU pools, and any holdings reported under separate filer CIKs.

### What price did Yuan's April sales clear at?

The eight open-market 'S' transactions cleared between $79.94 and $84.30 per share across April 13-14, 2026. Combined proceeds across the full 20-line filing were roughly $10.13 million per accession number 0001585521-26-000054.

### Is Eric Yuan still a >5% Zoom holder?

No. His last Schedule 13G/A filing on ZM was a February 14, 2024 exit at 0%, meaning his direct reporting position dropped below the 5% threshold more than two years ago. Vanguard Capital Management (5.19%) and Vanguard Portfolio Management (5.05%) are the current >5% holders.

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Source: 13F Insight — https://13finsight.com/news/yuan-eric-zoom-april-2026-mixed-print
Author: Alex Rivera — https://13finsight.com/authors/alex-rivera
Last updated: 2026-05-13T04:08:31.516Z