Summary by Futu AI
Meta Platforms CEO Mark Zuckerberg executed multiple stock transactions on 12/16/2024. He acquired 22,946 Class A Common Stock shares at $0 and subsequently sold 35,921 shares at prices ranging from $619.04 to $630.41 per share.The total value of disposed shares amounted to approximately $22.45 million. These transactions were conducted indirectly through CZI Holdings, LLC and Chan Zuckerberg Initiative Foundation. After the transactions, Zuckerberg's indirect ownership through the Chan Zuckerberg Initiative Foundation stood at 529,254 shares.The transactions were reported as completed, with all activities occurring on the same date. This series of trades suggests a rebalancing of Zuckerberg's stock holdings in Meta Platforms, potentially for philanthropic or personal financial management purposes.