Summary by Futu AI
Mark Zuckerberg, the COB & CEO of Meta Platforms, Inc., and a major shareholder, has filed an announcement indicating his intention to sell 2,011 Class A Common Shares of the company. The sale is expected to take place on 06/06/2024, with an aggregate market value of approximately $1,007,340. These shares were originally acquired on 10/07/2004 as founder stock purchases, a contribution made during the company's early establishment. This upcoming transaction follows a series of sales over the past three months, where a total of 1,301,126 shares were sold for gross proceeds of $648,173,261. The notice for the planned sale was given on the same date as the sale, 06/06/2024, with the plan for this transaction having been adopted earlier on 02/21/2024.