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Meta Platforms | 4: Statement of changes in beneficial ownership of securities-Officer Zuckerberg Mark

SEC ·  Dec 12, 2024 09:55

Summary by Futu AI

Meta Platforms CEO Mark Zuckerberg executed a series of stock transactions on 12/11/2024, involving both acquisition and disposal of Class A Common Stock. Zuckerberg initially acquired 22,946 shares at $0 through CZI Holdings, LLC.Subsequently, he sold a total of 35,921 shares in multiple transactions. The sales were conducted through two entities: CZI Holdings, LLC and Chan Zuckerberg Initiative Foundation. Sale prices ranged from $622.00 to $638.37 per share, generating approximately $22.75 million in total market value.Following these transactions, Zuckerberg's indirect ownership through the Chan Zuckerberg Initiative Foundation stood at 568,179 shares. The complex series of trades suggests a strategic reallocation of Zuckerberg's stock holdings in Meta Platforms.
Meta Platforms CEO Mark Zuckerberg executed a series of stock transactions on 12/11/2024, involving both acquisition and disposal of Class A Common Stock. Zuckerberg initially acquired 22,946 shares at $0 through CZI Holdings, LLC.Subsequently, he sold a total of 35,921 shares in multiple transactions. The sales were conducted through two entities: CZI Holdings, LLC and Chan Zuckerberg Initiative Foundation. Sale prices ranged from $622.00 to $638.37 per share, generating approximately $22.75 million in total market value.Following these transactions, Zuckerberg's indirect ownership through the Chan Zuckerberg Initiative Foundation stood at 568,179 shares. The complex series of trades suggests a strategic reallocation of Zuckerberg's stock holdings in Meta Platforms.

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