Summary by Moomoo AI
Mark Zuckerberg, CEO and Co-founder of Meta Platforms, is set to sell 35,921 Class A Common Shares on 12/11/2024, with an estimated market value of $22,746,803. This transaction is part of a pre-arranged trading plan adopted on 08/09/2024.The shares to be sold originate from two sources: 12,975 shares acquired as Founder Stock in 2004, and 22,946 shares from a 2012 stock option exercise. Over the past three months, Zuckerberg has sold a total of 216,522 shares, generating gross proceeds of $133,022,847.Zuckerberg's recent selling pattern shows consistent daily sales of 35,921 shares from 12/03/2024 to 12/10/2024, with proceeds ranging from $21.8M to $22.3M per transaction. This upcoming sale aligns with his ongoing divestment strategy.