Meta Platforms Inc. CEO and Chairman Mark Zuckerberg filed to sell 15,847 shares of the company’s Class A common stock, valued at approximately $12.32 million.
According to a Form 144 filed with the U.S. Securities and Exchange Commission, the shares are scheduled to be sold on July 31 through Charles Schwab & Co. The transaction was made under a Rule 10b5-1 trading plan adopted on February 1, 2025.
The shares being sold were acquired on May 17, 2012, through an option exercise paid in cash.
The filing also disclosed that Zuckerberg sold 145,062 shares across 15 separate transactions during June and early July. Between June 6 and July 2, he sold shares on nearly every trading day, with gross proceeds ranging from $350,189 to $10.2 million per transaction. The cumulative proceeds from these past sales totaled more than $110 million.
No derivative securities were included in the filing. Zuckerberg certified that he possessed no material non-public information at the time of the plan’s adoption.
