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.