Summary by Futu AI
On March 27, 2024, Mark Zuckerberg, Chairman of the Board and CEO of Meta Platforms, Inc. (META), engaged in multiple transactions involving the company's Class A Common Stock. Zuckerberg sold a total of 45,495 shares through a series of open market or private sales, with individual transaction prices ranging from $489.40 to $499.22. The total market value of the disposed shares amounted to approximately $22,390,210.83. Following these transactions, Zuckerberg's indirectly held shares, through entities such as the Chan Zuckerberg Initiative Foundation and a trust where he is a trustee, amounted to 320,000 shares. The sales were executed indirectly, and the nature of the indirect beneficial ownership was specified for each entity involved. The transactions are reported to be in progress.