Summary by Moomoo AI
Mark Zuckerberg, the COB & CEO of Meta Platforms, Inc., and a major shareholder, is set to sell 16,702 Class A Common Shares of the company. The sale, scheduled for 07/01/2024, is expected to yield an aggregate market value of approximately $8,402,413. These shares were originally acquired on 10/07/2004 as founder stock. This transaction follows a series of sales over the past three months, where Zuckerberg sold a total of 236,290 shares, amounting to gross proceeds of $119,239,908.