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EdgarHawk

Steckelberg Kelly

Chief Financial Officer

Officer
5 filings analyzed · 1 company · Latest 2024-10-10

Companies

Company Buys Sells Direction
Zoom Video Communications, Inc. ZM 0 15 Net selling

Activity

October 2024
Sell
14,151 shares
$963,966
Significance 4/10

ZM CFO Kelly Steckelberg sold 14,151 shares at $68.12 on 2024-10-09 for $963,966.12; holds 140,427 shares post-sale.

Kelly Steckelberg, CFO of Zoom, sold 14,151 shares at $68.12 on 2024-10-09, reducing holdings by 9.2% to 140,427 shares. The sale price was 3.9% below the current price of $70.85 and 8.3% below the 52-week high of $74.21, suggesting the sale occurred during an interim pullback rather than at a peak. Across his cross-ticker open-market history, Steckelberg's 20 prior sells have been well-timed 66.67% of the time with a 90-day average return of 2.0%, though his recent ZM trades have not yet shown measurable 90-day outcomes. The transaction represents a discretionary adjustment rather than a systemic pattern; standing alone, a single sale by a CFO with material ongoing holdings carries routine significance.

Sell
8,901 shares
$603,436
Significance 3/10

CFO Kelly Steckelberg sold 8,901 shares of ZM at $67.79 (2024-10-02), value $603.4K; stock +17.8% in 90 days. Possible derivative conversion.

Kelly Steckelberg, CFO of Zoom Video Communications, sold 8,901 shares at $67.79 on 2024-10-02 for a total value of $603.4K. The filing contains a FLAG indicating this is a derivative-conversion transaction; the Table I shares shown as 0 post-transaction do not reflect the insider's full position in derivative securities held in Table II, so this should not be interpreted as a complete exit. At the transaction price of $67.79, Zoom was trading within its 52-week range ($55.32–$74.21) and has since appreciated to $68.66 (current price), with strong 90-day performance of +17.8%. On Steckelberg's cross-ticker track record, prior sells have been well-timed at the 90-day mark 76.92% of the time (avg 90d return –1.8%), suggesting a pattern of selling before declines; however, at ZM specifically, prior measurable outcomes are limited and show mixed results, making this single trade insufficient to assess timing quality within the ticker.

September 2024
Sell
8,901 shares
$591,671
Significance 4/10

CFO Steckelberg sells 8,901 shares at $66.38–$67.43; zero shares remain post-conversion.

Kelly Steckelberg, CFO of Zoom Video Communications, executed 2 separate sales totaling 8,901 shares for $591,670.96 on September 18, 2024, at blended average price $66.47. The Form 4 flagged a derivative-conversion transaction, meaning these shares were converted from derivative securities; the insider's full position resides in Table II (derivative holdings), which is not yet populated in our database, so this should not be interpreted as a complete exit. At the time of sale, ZM traded near its 52-week range midpoint and has since appreciated 12.1% over 30 days and 14.7% over 90 days—outperforming his cross-ticker track record of 66.67% well-timed sell rate. His prior five trades at ZM show mixed near-term outcomes, with a timing pattern yielding zero well-timed sales at the 90-day mark.

Sell
8,901 shares
$609,187
Significance 4/10

CFO Kelly Steckelberg sold 8,901 shares for $609,187.18 (blended $68.44), reducing holdings to zero via derivative conversion.

Steckelberg executed 2 separate sales totaling 8,901 shares for $609,187.18 on 2024-09-04, at blended average price $68.44. The shares_after (0) reflects a Form 4 Table I closure, but a derivative-conversion FLAG indicates the insider's actual economic position resides in Form 4 Table II, which is not yet populated in our database—this transaction is a partial liquidation of a specific batch, not a full exit. At ZM's prior 5 trades at this ticker, 2 of 2 prior sells with measurable outcomes were well-timed (negative 90d returns of −6.1% and −9.4%), suggesting a track record of trading ahead of declines. Stock is currently $67.18, down 9.5% from its 52-week high of $74.21, and has posted strong near-term recovery (+20.6% over 30 days, +6.9% over 90 days). Fundamentals show $1.2B quarterly revenue, +3.1% annual growth, and a P/E of 31.69. The narrow timeframe between this sale and recent strength, combined with the prior same-ticker timing accuracy, warrants monitoring of further derivative conversions and Table II position data when available.

July 2024
Sell
19,404 shares
$1,104,318
Significance 6/10

CFO Kelly Steckelberg sells 19,404 shares (100% of holdings) for $1,104,318.18 at blended avg $56.91

Kelly Steckelberg, Zoom's CFO, executed 3 separate sales on July 9–10, 2024, totaling 19,404 shares for $1,104,318.18 at a blended average price of $56.91. This sale represents 100% of her open-market holdings, though the FLAG notes a derivative-conversion transaction is in progress—the Form 4 Table II position data is not yet populated, so this open-market sale is part of a larger restructuring rather than a complete exit. Over her prior 5 trades at ZM, Steckelberg demonstrated a 100% well-timed sell pattern at the 90-day mark; however, the current stock has declined 11.0% over 30 days and 10.4% over 90 days, and at $56.00 is 24.5% below its 52-week high, indicating the timing signal is already reflected in recent price weakness. The blended sale price of $56.91 is marginally above the current $56.00, consistent with her pattern of selling into modest strength relative to intermediate-term momentum.

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