Zuckerberg Selling Off $190M In Company Stocks

Facebook CEO Mark Zuckerberg testifies remotely during a Senate Judiciary Committee hearing on Facebook and Twitter's actions around the closely contested election on Tuesday, Nov. 17, 2020, in Washington. (Hannah McKay/Pool via AP)
  • In November, Meta CEO Mark Zuckerberg sold approximately $190 million worth of company stock, as indicated by Securities and Exchange filings.
  • This marked Zuckerberg’s first stock disposal since 2021. The move followed Meta’s substantial stock surge of 166% throughout the year, effectively offsetting losses incurred in 2022.
  • The parent company of Facebook, Instagram, and WhatsApp, Meta has experienced investor enthusiasm, particularly in the context of growing interest in Big Tech and advancements in artificial intelligence.