Summary by Moomoo AI
Meta Platforms CEO Mark Zuckerberg plans to sell 35,921 Class A common shares on 01/08/2025, with an estimated market value of $21.95 million. This transaction is part of a pre-arranged trading plan adopted on 08/09/2024. The shares to be sold originate from founder stock purchases and option exercises dating back to 2004 and 2012.Over the past three months, Zuckerberg has sold 697,347 shares for total gross proceeds of $428.91 million. These sales were executed through multiple transactions between 10/14/2024 and 01/07/2025, with daily sales typically involving 35,921 shares. The most recent sale on 01/07/2025 generated $22.23 million in proceeds.Zuckerberg holds multiple roles at Meta, including Officer, Director, 10% Stockholder, and Chairman & CEO. This consistent selling pattern suggests a structured approach to liquidating his holdings, likely for diversification or other financial planning purposes.
