Mark Zuckerberg, the COB & CEO of Meta Platforms, Inc., and a major shareholder, has filed an announcement indicating his intention to sell 16,702 Class A Common Shares of the company. The sale is expected to take place on June 11, 2024, with an aggregate market value of approximately $8.4 million. These shares were originally acquired on October 7, 2004, as founder stock, a contribution to the company at its inception. This transaction follows a series of sales over the past three months, where Zuckerberg sold over 1 million shares for gross proceeds nearing $540 million. The notice for this upcoming sale was filed on the same day as the planned sale date.

Mark Zuckerberg, the COB & CEO of Meta Platforms, Inc., and a major shareholder, has filed an announcement indicating his intention to sell 16,702 Class A Common Shares of the company. The sale is expected to take place on June 11, 2024, with an aggregate market value of approximately $8.4 million. These shares were originally acquired on October 7, 2004, as founder stock, a contribution to the company at its inception. This transaction follows a series of sales over the past three months, where Zuckerberg sold over 1 million shares for gross proceeds nearing $540 million. The notice for this upcoming sale was filed on the same day as the planned sale date.