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

SEC ·  Dec 17 06:23

Summary by Futu AI

Mark Zuckerberg, CEO and Co-founder of Meta Platforms, is set to sell 35,921 Class A Common Shares on December 16, 2024, with an estimated aggregate market value of $22,445,074. This transaction is part of a pre-planned selling program adopted on August 9, 2024.The shares to be sold originate from two sources: 12,975 shares acquired as Founder Stock in 2004, and 22,946 shares obtained through option exercise in 2012. Over the past three months, Zuckerberg has sold a total of 324,285 shares, generating gross proceeds of $200,826,165.This sale continues a pattern of regular stock disposals by Zuckerberg, with 11 previous transactions of 35,921 shares each occurring between December 3 and December 13, 2024. Despite these sales, Zuckerberg remains a significant shareholder, holding positions as an officer, director, and 10% stockholder of Meta Platforms.
Mark Zuckerberg, CEO and Co-founder of Meta Platforms, is set to sell 35,921 Class A Common Shares on December 16, 2024, with an estimated aggregate market value of $22,445,074. This transaction is part of a pre-planned selling program adopted on August 9, 2024.The shares to be sold originate from two sources: 12,975 shares acquired as Founder Stock in 2004, and 22,946 shares obtained through option exercise in 2012. Over the past three months, Zuckerberg has sold a total of 324,285 shares, generating gross proceeds of $200,826,165.This sale continues a pattern of regular stock disposals by Zuckerberg, with 11 previous transactions of 35,921 shares each occurring between December 3 and December 13, 2024. Despite these sales, Zuckerberg remains a significant shareholder, holding positions as an officer, director, and 10% stockholder of Meta Platforms.

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