Summary by Futu AI
Meta Platforms CEO Mark Zuckerberg plans to sell 10,100 Class A common shares on 12/20/2024, with an estimated market value of $6.08 million. This transaction is part of a pre-arranged trading plan adopted on 08/09/2024.The shares to be sold originate from two sources: 3,646 shares acquired as founder stock on 10/07/2004, and 6,454 shares obtained through option exercise on 05/17/2012. Over the past three months, Zuckerberg has sold 463,392 shares, generating total gross proceeds of $286.75 million.Zuckerberg, who serves as Chairman, CEO, and holds over 10% of Meta's stock, has been consistently selling shares since early October 2024. The most recent sales occurred between 12/03/2024 and 12/19/2024, with daily transactions ranging from 32,793 to 35,921 shares.