Summary by Futu AI
Mark Zuckerberg, CEO and Chairman of Meta Platforms, sold 12,975 shares of Class A Common Stock on 12/06/2024 through the Chan Zuckerberg Initiative Foundation. The transactions were executed in multiple trades at prices ranging from $610.295 to $629.3529 per share, totaling approximately $8.07 million.The sales were conducted as open market transactions, reducing Zuckerberg's indirect beneficial ownership. Following these transactions, the Chan Zuckerberg Initiative Foundation's holdings decreased to 607,104 shares of Meta's Class A Common Stock.This series of sales represents a small portion of Zuckerberg's overall stake in Meta Platforms. The transactions were reported as completed, with all sales occurring on a single day.