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Meta Platforms | 4: Statement of changes in beneficial ownership of securities-Officer Zuckerberg Mark

SEC ·  Dec 12, 2024 09:55

Summary by Moomoo AI

Mark Zuckerberg, CEO of Meta Platforms, executed a series of stock transactions on December 10, 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 $613.32 to $625.39 per share.The transactions were conducted through two entities: CZI Holdings, LLC, which sold 22,946 shares, and Chan Zuckerberg Initiative Foundation, which sold 12,975 shares. The total market value of disposed shares amounted to approximately $22.25 million.Following these transactions, Zuckerberg's indirect ownership through the Chan Zuckerberg Initiative Foundation decreased to 581,154 shares. The sales were executed as open market transactions, indicating a planned divestment of Meta stock by the CEO.
Mark Zuckerberg, CEO of Meta Platforms, executed a series of stock transactions on December 10, 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 $613.32 to $625.39 per share.The transactions were conducted through two entities: CZI Holdings, LLC, which sold 22,946 shares, and Chan Zuckerberg Initiative Foundation, which sold 12,975 shares. The total market value of disposed shares amounted to approximately $22.25 million.Following these transactions, Zuckerberg's indirect ownership through the Chan Zuckerberg Initiative Foundation decreased to 581,154 shares. The sales were executed as open market transactions, indicating a planned divestment of Meta stock by the CEO.
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