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Meta Platforms | 4: Statement of Changes in Beneficial Ownership of COB and CEO Zuckerberg Mark

SEC ·  Dec 27, 2024 10:12

Summary by Futu AI

Mark Zuckerberg, CEO of Meta Platforms, executed multiple stock transactions on 12/24/2024. He acquired 22,946 shares of Class A Common Stock at $0 and subsequently sold a total of 35,921 shares at prices ranging from $600.51 to $607.60 per share. The total value of the disposed shares amounted to approximately $21.7 million.The transactions were conducted through two entities: CZI Holdings, LLC and Chan Zuckerberg Initiative Foundation. CZI Holdings sold all 22,946 acquired shares, while the Foundation sold 12,975 shares. After these transactions, Zuckerberg indirectly owns 462,410 shares through the Chan Zuckerberg Initiative Foundation.These stock movements are part of Zuckerberg's ongoing portfolio management and philanthropic activities. The transactions demonstrate a significant reduction in his indirect holdings, potentially for charitable purposes or strategic financial planning.
Mark Zuckerberg, CEO of Meta Platforms, executed multiple stock transactions on 12/24/2024. He acquired 22,946 shares of Class A Common Stock at $0 and subsequently sold a total of 35,921 shares at prices ranging from $600.51 to $607.60 per share. The total value of the disposed shares amounted to approximately $21.7 million.The transactions were conducted through two entities: CZI Holdings, LLC and Chan Zuckerberg Initiative Foundation. CZI Holdings sold all 22,946 acquired shares, while the Foundation sold 12,975 shares. After these transactions, Zuckerberg indirectly owns 462,410 shares through the Chan Zuckerberg Initiative Foundation.These stock movements are part of Zuckerberg's ongoing portfolio management and philanthropic activities. The transactions demonstrate a significant reduction in his indirect holdings, potentially for charitable purposes or strategic financial planning.

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