Summary by Futu AI
Mark Zuckerberg, CEO and Chairman of Meta Platforms, sold 12,975 shares of Class A Common Stock on 12/09/2024 through the Chan Zuckerberg Initiative Foundation. The transactions were executed in multiple batches, with prices ranging from $606.93 to $625.64 per share.The total value of the disposed shares amounted to approximately $7.97 million. Following these transactions, the Chan Zuckerberg Initiative Foundation's beneficial ownership decreased to 594,129 shares. All sales were conducted as open market transactions.This series of dispositions represents a minor reduction in Zuckerberg's indirect holdings through the foundation, likely as part of a pre-planned trading strategy or for philanthropic purposes.