Summary by Futu AI
On June 7, 2024, Jonathan Chadwick, associated with Zoom Video Communications, Inc. [ZM], completed a transaction to acquire 126 shares of the company's Class A Common Stock at no cost. This transaction was categorized as an exercise or conversion of derivative security, typically related to stock options or other equity-based compensation. Following this acquisition, Chadwick's direct holdings in Zoom Video Communications increased to a total of 1,386 shares. The transaction reflects Chadwick's growing stake in the company and may be of interest to investors monitoring insider activity as an indicator of company performance.