Meta CEO Mark Zuckerberg has filed to sell another $5.8 million worth of company shares, adding to a series of trades that have brought his total stock sales this month to over $37 million.
According to a regulatory filing submitted to the SEC on June 17, Zuckerberg plans to sell 8,312 Class A shares of Meta through Charles Schwab. The trade is part of a scheduled selling plan set in February under Rule 10b5-1, which allows executives to sell shares at predetermined intervals.
This latest sale follows a $9.6 million transaction disclosed the day before. That deal involved 13,793 shares, also acquired from stock options exercised back in May 2012. The filings show Zuckerberg paid cash for the shares when he exercised those options.
Since June 6, Zuckerberg has sold more than 50,000 Meta shares across six transactions. The run of trades includes sales on June 6, 9, 10, 11, 16, and now 17, with individual proceeds ranging from $1 million to nearly $10 million per filing.
All the transactions have been made under the same 10b5-1 plan adopted earlier this year. As per SEC rules, insiders using such plans are required to confirm they are not in possession of any non-public material information at the time the plan is put in place.
Zuckerberg remains Meta’s chairman, CEO, and one of its largest shareholders. His trading activity is routinely disclosed under SEC regulations that apply to major corporate insider.
