Summary by Futu AI
Mark Zuckerberg, the COB & CEO of Meta Platforms, Inc., and a major shareholder, has filed to sell 16,702 Class A Common Shares of the company. The sale is expected to occur on 06/26/2024, with an aggregate market value of approximately $8,532,663. These shares were originally acquired on 10/07/2004 as founder stock. This transaction follows a series of sales over the past three months, where Zuckerberg sold a total of 372,077 shares, amounting to gross proceeds of $185,872,259. The sales were part of a plan adopted on 02/21/2024.