Aparna Bawa, Chief Operating Officer of Zoom Video Communications, recently sold a significant number of company shares through a planned trading strategy. The sale, which amounted to over $1.3 million, has prompted speculation about its implications for Zoom’s future prospects and the confidence of its leadership team.
Salesforce Inc.’s CEO, Marc Benioff, recently sold $4,064,172 worth of company stock through a pre-established Rule 10b5-1 trading plan. This plan allows insiders to sell stocks automatically without facing insider trading allegations. The sales comprised multiple transactions ranging from $269.6091 to $272.3807 per share. Benioff still holds a substantial number of shares, with 10,000,000 shares held indirectly by the Marc Benioff Fund LLC.
