share_log

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

SEC ·  Dec 19 05:54

Summary by Futu AI

Mark Zuckerberg, CEO and co-founder of Meta Platforms, plans to sell 34,472 Class A common shares on December 18, 2024, with an estimated market value of $21,326,505. This transaction is part of a pre-arranged trading plan adopted on August 9, 2024.The shares to be sold originate from Zuckerberg's founder stock purchase in 2004 (12,437 shares) and a stock option exercise in 2012 (22,035 shares). Over the past three months, Zuckerberg has sold 396,127 shares, generating total gross proceeds of $245,620,010.Zuckerberg's recent selling activity includes multiple transactions of 35,921 shares each between December 3 and December 17, 2024, with individual gross proceeds ranging from $21.8 million to $22.7 million per transaction. This consistent selling pattern suggests a structured divestment strategy aligned with the pre-arranged trading plan.
Mark Zuckerberg, CEO and co-founder of Meta Platforms, plans to sell 34,472 Class A common shares on December 18, 2024, with an estimated market value of $21,326,505. This transaction is part of a pre-arranged trading plan adopted on August 9, 2024.The shares to be sold originate from Zuckerberg's founder stock purchase in 2004 (12,437 shares) and a stock option exercise in 2012 (22,035 shares). Over the past three months, Zuckerberg has sold 396,127 shares, generating total gross proceeds of $245,620,010.Zuckerberg's recent selling activity includes multiple transactions of 35,921 shares each between December 3 and December 17, 2024, with individual gross proceeds ranging from $21.8 million to $22.7 million per transaction. This consistent selling pattern suggests a structured divestment strategy aligned with the pre-arranged trading plan.

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.