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 2,054 Class A Common Shares of the company. The sale is expected to take place on 06/21/2024, with an aggregate market value of approximately $1,029,161. These shares were originally acquired on 10/07/2004 as founder stock, a contribution to the company during its early stages. This transaction follows a series of sales over the past three months, where a total of 498,385 shares were sold for gross proceeds of $249,784,694. The notice for the planned sale was given on 06/21/2024, with the plan for this transaction having been adopted on 02/21/2024.