Mark Zuckerberg, CEO of Meta Platforms Inc., sold over $733 million worth of company shares in the first quarter of 2025.
Gatekeepers News reports that the sale was made under a pre-established 10b5-1 trading plan set up in August 2024. Approximately 1.1 million shares were sold between January and March through the Chan Zuckerberg Initiative and its foundation.
The sale comes weeks before President Donald Trump’s April 2 announcement of sweeping reciprocal tariffs, which sent shockwaves across equity markets and affected Meta stock.
Following the announcement, Zuckerberg’s net worth dropped to $178 billion, its lowest point this year. Monthly stock option sales have continued into April, bringing the total to $565 million, offset by an exercise cost of about $100 million.
Zuckerberg was among a cohort of top US executives who liquidated significant portions of their holdings ahead of the renewed trade war.
Other executives who sold shares include:
– Jamie Dimon, JPMorgan Chase, who sold 866,361 shares worth $233.8 million and an additional 133,639 shares for $31.5 million.
– Safra Catz, Oracle, who sold stock options worth approximately $705 million.
– Nikesh Arora, Palo Alto Networks, who sold 2.36 million shares valued at over $432 million.
– Max de Groen, Nutanix, who sold 5.5 million shares worth approximately $410 million.
– Chuck Davis, Axis Capital Holdings, who sold 4.3 million shares for just under $400 million.
– Stephen Cohen, Palantir Technologies, who sold 4.06 million shares for around $337 million.
– Eric Lefkofsky, Tempus AI, who sold over 4 million shares worth $231.5 million.
– Ted Sarandos, Netflix, who sold 199,063 shares for $194.9 million.
– Travis Boersma, Dutch Bros, who sold 2.5 million shares for approximately $189.6 million.
