Summary by Futu AI
Eric Yuan, CEO of Zoom Video Communications, Inc., is set to sell 42,483 shares of Class A Common Stock on 04/10/2024, as announced by the company. The shares to be sold were acquired as part of Yuan's compensation in the form of Restricted Stock Units (RSUs) on various dates, with the most recent acquisition being 18,804 shares on 04/08/2024. The total market value of the shares to be sold is approximately $2,712,539.55. This transaction follows a series of sales over the past three months, where Yuan sold a total of 33,222 shares, amounting to gross proceeds of $2,240,068.96. The sales are part of a pre-determined trading plan adopted on 06/15/2023.