Form 4: Mark Zuckerberg's Foundation Sells Over 13,000 Meta Shares Under Pre-Arranged Trading Plan

Mark Zuckerberg's Chan Zuckerberg Initiative Foundation sold 13,793 shares of Meta Platforms Class A Common Stock on June 25, 2025, as part of a Rule 10b5-1 trading plan adopted earlier this year.

Summary

• Mark Zuckerberg, CEO and Chairman of Meta Platforms, Inc., reported sales of Class A Common Stock.
• A total of 13,793 shares of Class A Common Stock were sold on June 25, 2025.
• These sales were executed by the Chan Zuckerberg Initiative Foundation (CZI Foundation).
• The sales were conducted under a Rule 10b5-1 trading plan adopted by Mark Zuckerberg on February 1, 2025.
• The shares were sold at weighted average prices ranging from approximately $706.09 to $716.12 per share.
• Following these transactions, the CZI Foundation beneficially owns 57,533 shares of Class A Common Stock.
• Mark Zuckerberg is deemed to have voting and investment power over the shares held by CZI Foundation but has no pecuniary interest in them.
• Mark Zuckerberg also beneficially owns 342,606,985 shares of Class B Common Stock through various entities (CZI Holdings, LLC, Mark Zuckerberg Trust, Chan Zuckerberg Holdings, LLC, CZI Holdings I, LLC, Chan Zuckerberg Holdings II, LLC, Chan Zuckerberg Holdings III, LLC, CZ Management, LLC, and Chan Zuckerberg Holdings IV, LLC), which are convertible into Class A Common Stock on a 1-for-1 basis.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing reporting insider transactions, which are typically neutral in sentiment as they are factual disclosures of pre-planned stock sales. There is no positive or negative commentary or financial performance data to influence sentiment.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Sales of Class A Common Stock were effected by the Chan Zuckerberg Initiative Foundation, over which Mark Zuckerberg is deemed to have voting and investment power, but no pecuniary interest.

Stakeholder Impact

• The sale of shares by the Chan Zuckerberg Initiative Foundation is a routine transaction under a pre-arranged plan and is unlikely to have a significant direct impact on shareholders, employees, customers, suppliers, or creditors beyond the typical market reaction to insider sales, which are often anticipated when a 10b5-1 plan is in place.

Key Dates

Keywords

Meta Platforms, Mark Zuckerberg, SEC Form 4, Insider Trading, Stock Sale, Rule 10b5-1, META, Chan Zuckerberg Initiative Foundation, Beneficial Ownership, Class A Common Stock, Class B Common Stock