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 07/11/2024, with an aggregate market value of approximately $8,672,516. These shares were originally acquired on 10/07/2004 as founder stock purchases, indicating they are part of Zuckerberg's initial ownership stake in the company. This transaction follows a series of sales over the past three months, where a total of 321,739 shares were sold for gross proceeds of $164,629,495.