Summary by Futu AI
Meta Platforms CEO Mark Zuckerberg plans to sell 32,793 Class A common shares on 12/19/2024, valued at $19.8M. The shares originate from a 2004 founder stock purchase and a 2012 option exercise.This sale is part of a larger trading pattern. In the past 3 months, Zuckerberg has sold 430,599 shares, generating $266.9M in gross proceeds. The most recent sales occurred between 12/03/2024 and 12/18/2024, with daily transactions of approximately 35,921 shares.The planned sale was noticed on 12/19/2024, following a trading plan adopted on 08/09/2024. Zuckerberg, who serves as Chairman, CEO, and holds over 10% of Meta's stock, continues to manage his shareholding in the company he founded.