Summary by Futu AI
Mark Zuckerberg, CEO and Chairman of Meta Platforms, executed a series of stock transactions on 12/18/2024. He initially acquired 22,035 shares of Class A Common Stock at $0 through CZI Holdings, LLC. Subsequently, Zuckerberg disposed of the same number of shares in multiple transactions.The sale prices ranged from $600.819 to $626.5479 per share, with a total market value of approximately $13.63 million. The transactions were conducted through open market or private sales. After these transactions, Zuckerberg's indirect ownership through CZI Holdings, LLC was reduced to zero shares.These transactions appear to be part of a planned stock sale, potentially for diversification or liquidity purposes. The simultaneous acquisition and disposal suggest a possible exercise of stock options or vesting of restricted stock units, followed by an immediate sale of the acquired shares.