Summary by Futu AI
Mark Zuckerberg, the COB & CEO of Meta Platforms, Inc., and a major shareholder, is set to sell 16,702 Class A Common Shares of the company. The sale, scheduled for 06/13/2024, is part of a pre-arranged trading plan adopted on 02/21/2024. These shares, originally acquired on 10/07/2004 as founder stock, are estimated to have an aggregate market value of approximately $8,430,543. This transaction follows a series of sales over the past three months, where Zuckerberg sold a total of 966,183 shares, amounting to gross proceeds of around $480.9 million.