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Zoom Video Communications | 4: Statement of changes in beneficial ownership of securities-Officer Sankarlingam Velchamy

SEC announcement ·  Mar 12 19:19
Summary by Moomoo AI
Zoom Video Communications, Inc. (ZM) executive Sankarlingam Velchamy, who serves as the President of Engineering & Product, engaged in a series of stock transactions between March 9, 2024, and March 12, 2024. Velchamy acquired 7,030 shares of Class A Common Stock at no cost on March 9, which is typically indicative of an exercise of options. On the same day, he disposed of 3,582 shares at $67.19 each to cover exercise prices or tax liabilities. Subsequently, on March 12, Velchamy sold an additional 1,553 shares on the open market at $70.00 per share. After these transactions, Velchamy directly holds 71,956 shares of Zoom Video Communications. The transactions are reported to be in progress. Additionally, Velchamy has indirect holdings through the Velchamy Family Trust and by Harshini Velchamy, Janani Velchamy, and Ashwini Velchamy, totaling 42,060 shares.
Zoom Video Communications, Inc. (ZM) executive Sankarlingam Velchamy, who serves as the President of Engineering & Product, engaged in a series of stock transactions between March 9, 2024, and March 12, 2024. Velchamy acquired 7,030 shares of Class A Common Stock at no cost on March 9, which is typically indicative of an exercise of options. On the same day, he disposed of 3,582 shares at $67.19 each to cover exercise prices or tax liabilities. Subsequently, on March 12, Velchamy sold an additional 1,553 shares on the open market at $70.00 per share. After these transactions, Velchamy directly holds 71,956 shares of Zoom Video Communications. The transactions are reported to be in progress. Additionally, Velchamy has indirect holdings through the Velchamy Family Trust and by Harshini Velchamy, Janani Velchamy, and Ashwini Velchamy, totaling 42,060 shares.
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