Summary by Futu AI
On March 25, 2024, Mark Zuckerberg, Chairman of the Board and CEO of Meta Platforms, Inc. (META), completed a series of transactions involving the sale of Class A Common Stock. The transactions resulted in the disposal of a total of 77,412 shares, with individual sale prices ranging from $500.505 to $506.98. The total market value of the disposed shares amounted to approximately $39,079,406.45. Following these transactions, Zuckerberg's beneficial ownership in Meta Platforms, Inc. stands at 320,000 shares. The sales were conducted through various entities, including the Chan Zuckerberg Initiative Foundation, CZI Holdings, LLC, and a trust where Zuckerberg is a trustee. These transactions reflect changes in Zuckerberg's investment portfolio and may influence investor perceptions of Meta Platforms' stock.