share_log

Meta Platforms | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC ·  Dec 14, 2024 06:01

Summary by Futu AI

Mark Zuckerberg, CEO and co-founder of Meta Platforms, is set to sell 35,921 Class A common shares on 12/13/2024, with an estimated aggregate market value of $22,351,458. This transaction is part of a pre-planned selling program adopted on 08/09/2024.The shares to be sold originate from two sources: 12,975 shares acquired as founder stock on 10/07/2004, and 22,946 shares obtained through option exercise on 05/17/2012. Over the past three months, Zuckerberg has sold a total of 288,364 shares, generating gross proceeds of $178,474,707.Zuckerberg's recent selling pattern shows consistent daily sales of 35,921 shares from 12/03/2024 to 12/12/2024, with proceeds ranging from $21.8 million to $22.7 million per transaction. This upcoming sale aligns with his ongoing divestment strategy.
Mark Zuckerberg, CEO and co-founder of Meta Platforms, is set to sell 35,921 Class A common shares on 12/13/2024, with an estimated aggregate market value of $22,351,458. This transaction is part of a pre-planned selling program adopted on 08/09/2024.The shares to be sold originate from two sources: 12,975 shares acquired as founder stock on 10/07/2004, and 22,946 shares obtained through option exercise on 05/17/2012. Over the past three months, Zuckerberg has sold a total of 288,364 shares, generating gross proceeds of $178,474,707.Zuckerberg's recent selling pattern shows consistent daily sales of 35,921 shares from 12/03/2024 to 12/12/2024, with proceeds ranging from $21.8 million to $22.7 million per transaction. This upcoming sale aligns with his ongoing divestment strategy.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.