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Meta Platforms CEO and chairman Mark Zuckerberg has filed a Form 144 with the U.S. Securities and Exchange Commission, outlining a proposed sale of 13,793 shares of Meta’s Class A common stock. The estimated market value of the planned transaction is $9,777,638, and the sale is scheduled for June 24, 2025.
The shares were acquired on May 17, 2012, through an option exercise executed with Meta Platforms, Inc. The acquisition involved a cash payment.
Charles Schwab & Co., Inc., based in Westlake, Texas, is listed as the broker handling the sale. Meta’s total number of outstanding shares stands at approximately 2.17 billion.
This proposed transaction follows a series of recent stock sales by Zuckerberg. Between June 6 and June 20, 2025, he executed eight separate sales, totaling 54,881 shares. Gross proceeds from those sales amounted to $39,205,057. The transactions were carried out across multiple dates, with the largest individual sale occurring on June 10, involving 13,793 shares for $9,670,678. Another transaction of the same volume took place on June 16 for $9,683,513. Other sales ranged from 500 to 8,312 shares.
The Form 144 filed on June 24 specifies that the proposed sale will be conducted under a Rule 10b5-1 trading plan. Zuckerberg adopted this plan on February 1, 2025. By signing the filing, he confirmed that he is not in possession of any material nonpublic information regarding Meta’s operations. No other remarks were included in the filing beyond those required by regulatory rules.