Summary by Futu AI
Mark Zuckerberg, COB and CEO of Meta Platforms, executed a series of stock transactions on 12/19/2024. He acquired 20,957 shares of Class A Common Stock at $0 and subsequently sold 32,793 shares at prices ranging from $600.68 to $610.36 per share.The total value of the disposed shares amounted to approximately $19.8 million. These transactions were conducted indirectly through CZI Holdings, LLC and the Chan Zuckerberg Initiative Foundation. After the transactions, Zuckerberg's indirect ownership through the Chan Zuckerberg Initiative Foundation stood at 492,006 shares.The complex series of transactions involved multiple small-scale sales, possibly as part of a predetermined trading plan. The net result was a reduction in Zuckerberg's indirect holdings of Meta Platforms stock.