Summary by Moomoo AI
Eric S. Yuan, CEO of Zoom Video Communications, completed a significant stock transaction on 12/04/2024 and 12/05/2024. Yuan sold a total of 166,666 shares of Class A Common Stock. The shares were sold at prices ranging from $82.9022 to $84.6022 per share, resulting in a total market value of approximately $13.96 million.The transaction was conducted through open market or private sales. Following these transactions, Yuan no longer holds any shares indirectly. The shares were initially acquired at no cost, indicating a strategic move by the CEO. This transaction may impact investor perception and market dynamics, given Yuan's leadership role in the company.