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Meta Platforms Inc. CEO and Chairman Mark Zuckerberg sold 117,675 shares of the company’s Class A common stock between July 22 and July 29, generating proceeds of approximately $90.74 million.
According to a Form 4 filed with the U.S. Securities and Exchange Commission, the shares were sold in six separate transactions under a Rule 10b5-1 trading plan adopted on February 1, 2025. The weighted average prices ranged from $761.60 to $776.20 per share across the transactions.
The largest single-day sale occurred on July 24, when Zuckerberg sold 23,180 shares at a weighted average price of $765.27 per share, for a total value of roughly $17.74 million. Other transactions ranged from 18,866 to 20,660 shares per day.
The shares were sold by the Chan Zuckerberg Initiative, CZI Holdings LLC, and CZI Holdings II LLC. Zuckerberg may be deemed to have beneficial ownership of the securities held by these entities, although the filing notes that he disclaims beneficial ownership except to the extent of his pecuniary interest.
Following the sales, Zuckerberg continues to retain substantial direct and indirect holdings in Meta. No derivative securities or new equity grants were reported in the filing.