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 16,702 Class A Common Shares of the company. The sale is expected to take place on 06/25/2024, with an aggregate market value of approximately $8,471,408. These shares were originally acquired on 10/07/2004 as founder stock, a contribution to the company at its inception. This transaction follows a series of sales over the past three months, where Zuckerberg sold a total of 432,787 shares, amounting to gross proceeds of $216,480,258.