Summary by Futu AI
Mark Zuckerberg, Chairman and CEO of Meta Platforms, Inc. (META), engaged in a series of stock sales on June 12, 2024. The transactions involved the sale of 16,702 shares of Class A Common Stock, with individual sale prices ranging from $505.57 to $513.93. The total market value of the disposed shares amounted to approximately $8.48 million. Following these transactions, Zuckerberg's beneficial ownership, through the Chan Zuckerberg Initiative Foundation and Advocacy, stands at 292,751 shares. The sales were executed as open market or private sales and are currently in progress.