Summary by Futu AI
Mark Zuckerberg, Chairman and CEO of Meta Platforms, Inc. (META), engaged in a series of stock disposals on July 10, 2024, as reported in a recent filing. A total of 16,702 shares of Class A Common Stock were sold through the Chan Zuckerberg Initiative Foundation and Chan Zuckerberg Initiative Advocacy, with transaction prices ranging from $529.21 to $538.01. The sales resulted in a total market value of approximately $8.92 million. Following these transactions, Zuckerberg's indirectly held shares in Meta Platforms amounted to 151,918. The transactions are currently in progress and reflect Zuckerberg's indirect ownership through the aforementioned entities.