Summary by Futu AI
Kelly Steckelberg, an officer at Zoom Video Communications, plans to sell 414,582 shares of Class A Common Stock on 11/27/2024. The aggregate market value of these shares is approximately $34.58 million. This transaction follows a stock option exercise, where the shares were acquired from the issuer on the same date.In the past 3 months, Steckelberg has sold a total of 17,802 shares, generating gross proceeds of approximately $1.43 million. Previous sales include 8,901 shares on 11/13/2024 and another 8,901 shares on 10/30/2024, with gross proceeds of $760,354.80 and $670,909.35, respectively.This announcement highlights Steckelberg's continued divestment of Zoom shares, reflecting strategic financial decisions by the company's officer.