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 06/17/2024, is part of a plan adopted on 02/21/2024. These shares, originally acquired on 10/07/2004 as founder stock, have an aggregate market value of approximately $8.44 million. This transaction follows a series of sales over the past three months, where Zuckerberg sold a total of 767,351 shares, amounting to gross proceeds of around $383.53 million.