Summary by Futu AI
Zoom Video Communications shareholder Gordon Ritter plans to sell 41,911 shares of common stock on December 9, 2024. The transaction has an estimated aggregate market value of $3,586,743.38, based on current market prices.The shares were originally acquired on December 1, 2016, through a distribution from EZP Opportunity, LP. This planned sale represents the entirety of the shares Ritter acquired in that transaction. No other securities sales by Ritter have been reported in the past three months.The sale is scheduled approximately eight years after the initial acquisition, potentially reflecting long-term value appreciation in Zoom's stock. As the transaction date is in the future, market conditions and stock price at the time of sale may affect the final transaction value.