Summary by Moomoo AI
Meta Platforms CEO Mark Zuckerberg plans to sell 2,311 Class A common shares on 12/27/2024, valued at $1,387,075. The shares originate from a 2004 founder stock purchase and a 2012 option exercise. This transaction is part of a pre-arranged trading plan adopted on 08/09/2024.Over the past three months, Zuckerberg has sold 581,255 shares for total gross proceeds of $357,763,051. The sales occurred between 10/07/2024 and 12/26/2024, with daily transactions ranging from 84 to 35,921 shares. The largest single-day proceeds were $22,746,803 on 12/11/2024.Zuckerberg holds multiple roles at Meta, including Officer, Director, 10% Stockholder, and Chairman & CEO. The consistent selling pattern suggests a structured divestment strategy, likely for portfolio diversification or other financial planning purposes.
