Zoom insiders dumped $119M in company stock this month — 4x their sales in May

Zoom Video execs have already sold more company stock in June than at any other point this year, generating $119 million for just 7 insiders. Zoom Video company director Carl Eschenbach unloaded more stock than any other insider this month. The Sequoia Capital partner sold almost 381,000 shares for an average price of $214.29 in the first week of June — a cool $81.6 million. Four more directors at the video comms darling joined in. On June 19, Santiago Subotovsky sold 73,168 shares for $240.60 via their venture capital firm Emergence (a ‘10% owner‘), a total haul of $17.6 million.