Summary by Futu AI
Eric S. Yuan, CEO of Zoom Video Communications, Inc., is set to sell 214,292 shares of Class A Common Stock on 10/21/2024, with an aggregate market value of approximately $15.47 million. The shares to be sold were acquired through a series of transactions, including a conversion of Founder's Shares from Class B to Class A on 06/22/2011 and as compensation in the form of Restricted Stock Units on various dates from 07/08/2023 to 10/08/2024. The upcoming sale follows a three-month period where Yuan sold 68,134 shares, totaling over $4.6 million in gross proceeds.