Summary by Futu AI
Mark Zuckerberg, the COB & CEO of Meta Platforms, Inc., and a major shareholder, is set to sell 14,874 Class A Common Shares of the company. The planned sale, scheduled for 07/12/2024, is part of a transaction originally acquired as founder stock on 10/07/2004. This move comes after a period of significant trading activity for Zuckerberg, who has sold a total of 338,441 shares in the past three months, amounting to gross proceeds of approximately $173.3 million. The upcoming sale represents a continuation of Zuckerberg's trading pattern, although the specific reasons for the sale have not been disclosed.