Summary by Futu AI
Mark Zuckerberg, the COB & CEO of Meta Platforms, Inc., and a major shareholder, has filed to sell 8,924 Class A Common Shares of the company. The sale is expected to occur on 07/15/2024, with an aggregate market value of approximately $4,481,663. These shares were originally acquired on 10/07/2004 as founder stock purchases. This transaction follows a series of sales over the past three months, where Zuckerberg sold a total of 353,315 shares, amounting to gross proceeds of $180,789,276. The planned sale is in accordance with a trading plan adopted on 02/21/2024.