Meta Platforms Inc. (NASDAQ:META) CEO and Chairman Mark Zuckerberg filed to sell 15,847 shares of the company’s Class A common stock, valued at approximately $12.16 million.
According to a Form 144 filed with the U.S. Securities and Exchange Commission, the shares are set to be sold on August 7 through Charles Schwab & Co. Inc. at an estimated price of $767.34 each. The shares were acquired on May 17, 2012, through an option exercise paid in cash, and the planned sale will be conducted under a Rule 10b5-1 trading plan adopted on February 1, 2025.
The filing also detailed 20 transactions by Zuckerberg between June 6 and August 6, totaling more than 230,000 shares sold for gross proceeds of about $170 million. The largest single-day transaction occurred on June 30, when he sold 13,793 shares for $10.21 million.
All transactions were executed on NASDAQ, and no derivative securities or gifts were reported.
