Summary by Futu AI
Meta Platforms, Inc. officer Jennifer Newstead is set to sell 905 Class A Common Shares on 06/11/2024, as announced by the company. The shares, valued at an aggregate market value of approximately $452,500, were originally acquired on 11/15/2021 through the lapse of Restricted Stock Units as part of equity compensation from Meta Platforms. This upcoming transaction follows a series of sales over the past three months, where a total of 8,876 shares were sold for gross proceeds of $4,275,248. The notice of the planned sale was filed on the same date as the sale, with the plan for this transaction having been adopted on 11/30/2023.