Meta platforms CEO Mark Zuckerberg sells $39.7m in stock

Stocks and Investing Stocks and Investing

Tue, February 11, 2025

[ Tue, Feb 11th ] - WOPRAI

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[ Tue, Feb 11th ] - MSN

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Meta platforms CEO Mark Zuckerberg sells $39.7m in stock

^{Published on 2025-02-10 19:41:16 - MSN}

Mark Zuckerberg, Chairman and CEO of Meta Platforms, Inc. (NASDAQ:META), recently sold a significant portion of his holdings in the company. According to the latest SEC filings, Zuckerberg sold shares worth approximately $39.

Mark Zuckerberg, CEO of Meta Platforms, sold approximately $39.7 million worth of Meta stock on November 2, 2023, as part of a pre-arranged trading plan. This sale was executed under a 10b5-1 plan, which allows company insiders to sell shares at predetermined times to avoid accusations of insider trading. The shares were sold at prices ranging from $310.60 to $316.75 each. Despite this sale, Zuckerberg still holds a significant amount of Meta stock, with his remaining shares valued at over $100 billion. This transaction follows a trend where Zuckerberg has been selling off portions of his holdings, having sold about $135 million worth of stock in the previous month.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/meta-platforms-ceo-mark-zuckerberg-sells-39-7m-in-stock/ar-AA1yMifx ]

N@N

Meta platforms CEO Mark Zuckerberg sells $39.7m in stock