Summary by Futu AI
Velchamy Sankarlingam, an officer of Zoom Communications, Inc., is set to sell 3,618 shares of Class A Common Stock on 12/10/2024. The shares, valued at $307,309.37, were acquired on 12/09/2024 as Restricted Stock Units vesting under a registered plan.This transaction follows a previous sale by Sankarlingam on 10/10/2024, where 10,388 shares were sold for gross proceeds of $718,603.68. Over the past three months, a total of 10,388 shares have been sold by the officer, generating $718,603.68 in gross proceeds.The upcoming sale represents compensation-related stock and is part of a planned transaction. The notice for this sale was filed on 12/10/2024, coinciding with the expected transaction date.