Mark Zuckerberg Discloses 15,847 META Share Sales Under 10b5-1 Plan

Q: What did Mark Zuckerberg report on the META Form 4?

The filing reports that CZI Holdings, LLC sold 15,847 Class A shares on 08/08/2025 under a 10b5-1 trading plan; footnotes list execution price ranges.

Q: How many shares does the Chan Zuckerberg Initiative Foundation hold according to the filing?

The Form 4 shows 397,007 shares held of record by the Chan Zuckerberg Initiative Foundation.

Q: Who signed the Form 4 and when?

The form is signed by /s/ Erin Guldiken, attorney-in-fact for Mark Zuckerberg on 08/11/2025 .

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Mark Zuckerberg, as reporting person, disclosed transactions in Meta Platforms, Inc. (META). The filing shows that CZI Holdings, LLC effected sales of 15,847 Class A shares on 08/08/2025 pursuant to a Rule 10b5-1 trading plan adopted on 02/01/2025. Footnotes report the sales occurred in multiple trades at weighted average prices within ranges from $760.83 up to $769.60 depending on the block. The filing also records 397,007 shares held of record by the Chan Zuckerberg Initiative Foundation and various indirect beneficial holdings of Class B shares convertible into Class A shares as listed. The form is signed by an attorney-in-fact on 08/11/2025.

Positive

Transactions were executed under a documented 10b5-1 trading plan, indicating pre-established trading authorization.
Filing discloses detailed footnotes including price ranges and the plan adoption date, supporting transparency.
Explicit disclosure of indirect holdings and trustee relationships clarifies control and voting authority over reported shares.

Negative

Disposition of 15,847 Class A shares by CZI Holdings, LLC was reported on 08/08/2025.
Reported weighted-average execution prices span roughly $760.83 to $769.60 per share, as noted in footnotes.

Insights

TL;DR: CZI sold 15,847 META Class A shares under a pre-established 10b5-1 plan at roughly $760.8–$769.6 per share.

The filing documents a block of dispositions executed by CZI Holdings, LLC on 08/08/2025 under a 10b5-1 plan adopted 02/01/2025, totaling 15,847 Class A shares. Footnotes disclose weighted-average price ranges for multiple tranches, reflecting execution across several prices between $760.83 and $769.60. The reporter continues to be identified as having voting and investment power over securities held by CZI and related entities, and additional shares are held of record by the Chan Zuckerberg Initiative Foundation (397,007 shares).

TL;DR: Transactions were disclosed properly and executed under an affirmative defense 10b5-1 plan; reporting shows indirect holdings and trustee relationships.

The Form 4 clarifies beneficial ownership structures: the reporting person is the trustee of the 2006 Trust and is deemed to control shares held by CZI and multiple holding LLCs. Sales were effected by CZI under a documented 10b5-1 plan, and the filing includes explicit footnotes explaining price ranges and the absence of pecuniary interest in Foundation-held shares. The form is signed by an attorney-in-fact, consistent with authorized filers.

Insider Trade Summary

Net Seller: 15,847 shares ($12,124,636)

Net Sell 20 txns

Insider Zuckerberg Mark

Role COB and CEO

Sold 15,847 shs ($12.12M)

Type	Security	Shares	Price	Value
Conversion	Class B Common Stock	15,847	$0.00	--
Conversion	Class A Common Stock	15,847	$0.00	--
Sale	Class A Common Stock	100	$759.63	$76K
Sale	Class A Common Stock	1,341	$761.4729	$1.02M
Sale	Class A Common Stock	2,343	$762.3532	$1.79M
Sale	Class A Common Stock	2,245	$763.3228	$1.71M
Sale	Class A Common Stock	2,039	$764.3129	$1.56M
Sale	Class A Common Stock	2,009	$765.3476	$1.54M
Sale	Class A Common Stock	1,195	$766.3256	$916K
Sale	Class A Common Stock	1,430	$767.5588	$1.10M
Sale	Class A Common Stock	2,205	$768.7707	$1.70M
Sale	Class A Common Stock	940	$769.3185	$723K
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class B Common Stock — 159,649,051 shares (Indirect, By CZI Holdings, LLC); Class A Common Stock — 15,847 shares (Indirect, By CZI Holdings, LLC)

Footnotes (1)

Shares held of record by CZI Holdings, LLC ("CZI"). Mark Zuckerberg, Trustee of the Mark Zuckerberg Trust dated July 7, 2006 ("2006 Trust"), is the sole member of CZI. The reporting person is the sole trustee of the 2006 Trust and, therefore, is deemed to have sole voting and investment power over the securities held by CZI. The sales reported were effected by CZI pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on February 1, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $760.83 to $761.81 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $761.83 to $762.80 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $762.86 to $763.825 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $763.87 to $764.70 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $764.88 to $765.80 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $765.89 to $766.84 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $767.07 to $768.04 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $768.10 to $769.095 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $769.10 to $769.60 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Shares held of record by the Chan Zuckerberg Initiative Foundation ("CZI Foundation"). The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. The Class B Common Stock is convertible into the issuer's Class A Common Stock on a 1-for-1 basis (a) at the holder's option or (b) upon certain transfers of such shares and has no expiration date. Shares held of record by Mark Zuckerberg, Trustee of the 2006 Trust. Shares held of record by Chan Zuckerberg Holdings, LLC ("CZ Holdings"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings. Shares held of record by CZI Holdings I, LLC ("CZI I"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZI I. Shares held of record by Chan Zuckerberg Holdings II, LLC ("CZ Holdings II"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings II. Shares held of record by Chan Zuckerberg Holdings III, LLC ("CZ Holdings III"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings III. Shares held of record by CZ Management, LLC ("CZ Management"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Management. Shares held of record by Chan Zuckerberg Holdings IV, LLC ("CZ Holdings IV"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings IV.

Form 4 Insider Transactions: What Each Field Means →

08/11/2025 - 06:12 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Zuckerberg Mark

(Last)

(First)

(Middle)

C/O META PLATFORMS, INC.

1 META WAY

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Meta Platforms, Inc. [ META ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	COB and CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	08/08/2025		C		15,847	A	$0	15,847	I	By CZI Holdings, LLC⁽¹⁾
Class A Common Stock	08/08/2025		S⁽²⁾		100	D	$759.63	15,747	I	By CZI Holdings, LLC⁽¹⁾
Class A Common Stock	08/08/2025		S⁽²⁾		1,341	D	$761.4729⁽³⁾	14,406	I	By CZI Holdings, LLC⁽¹⁾
Class A Common Stock	08/08/2025		S⁽²⁾		2,343	D	$762.3532⁽⁴⁾	12,063	I	By CZI Holdings, LLC⁽¹⁾
Class A Common Stock	08/08/2025		S⁽²⁾		2,245	D	$763.3228⁽⁵⁾	9,818	I	By CZI Holdings, LLC⁽¹⁾
Class A Common Stock	08/08/2025		S⁽²⁾		2,039	D	$764.3129⁽⁶⁾	7,779	I	By CZI Holdings, LLC⁽¹⁾
Class A Common Stock	08/08/2025		S⁽²⁾		2,009	D	$765.3476⁽⁷⁾	5,770	I	By CZI Holdings, LLC⁽¹⁾
Class A Common Stock	08/08/2025		S⁽²⁾		1,195	D	$766.3256⁽⁸⁾	4,575	I	By CZI Holdings, LLC⁽¹⁾
Class A Common Stock	08/08/2025		S⁽²⁾		1,430	D	$767.5588⁽⁹⁾	3,145	I	By CZI Holdings, LLC⁽¹⁾
Class A Common Stock	08/08/2025		S⁽²⁾		2,205	D	$768.7707⁽¹⁰⁾	940	I	By CZI Holdings, LLC⁽¹⁾
Class A Common Stock	08/08/2025		S⁽²⁾		940	D	$769.3185⁽¹¹⁾	0	I	By CZI Holdings, LLC⁽¹⁾
Class A Common Stock								397,007	I	By Chan Zuckerberg Initiative Foundation⁽¹²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock⁽¹³⁾	⁽¹³⁾	08/08/2025		C			15,847	⁽¹³⁾	⁽¹³⁾	Class A Common Stock	15,847	$0	159,649,051	I	By CZI Holdings, LLC⁽¹⁾
Class B Common Stock⁽¹³⁾	⁽¹³⁾							⁽¹³⁾	⁽¹³⁾	Class A Common Stock	3,388,097		3,388,097	I	By Mark Zuckerberg, Trustee Of The Mark Zuckerberg Trust Dated July 7, 2006⁽¹⁴⁾
Class B Common Stock⁽¹³⁾	⁽¹³⁾							⁽¹³⁾	⁽¹³⁾	Class A Common Stock	17,061,801		17,061,801	I	By Chan Zuckerberg Holdings, LLC⁽¹⁵⁾
Class B Common Stock⁽¹³⁾	⁽¹³⁾							⁽¹³⁾	⁽¹³⁾	Class A Common Stock	12,000,000		12,000,000	I	By CZI Holdings I, LLC⁽¹⁶⁾
Class B Common Stock⁽¹³⁾	⁽¹³⁾							⁽¹³⁾	⁽¹³⁾	Class A Common Stock	50,000,000		50,000,000	I	By Chan Zuckerberg Holdings II, LLC⁽¹⁷⁾
Class B Common Stock⁽¹³⁾	⁽¹³⁾							⁽¹³⁾	⁽¹³⁾	Class A Common Stock	50,000,000		50,000,000	I	By Chan Zuckerberg Holdings III, LLC⁽¹⁸⁾
Class B Common Stock⁽¹³⁾	⁽¹³⁾							⁽¹³⁾	⁽¹³⁾	Class A Common Stock	100		100	I	CZ Management, LLC⁽¹⁹⁾
Class B Common Stock⁽¹³⁾	⁽¹³⁾							⁽¹³⁾	⁽¹³⁾	Class A Common Stock	50,000,000		50,000,000	I	By Chan Zuckerberg Holdings IV, LLC⁽²⁰⁾

Explanation of Responses:

1. Shares held of record by CZI Holdings, LLC ("CZI"). Mark Zuckerberg, Trustee of the Mark Zuckerberg Trust dated July 7, 2006 ("2006 Trust"), is the sole member of CZI. The reporting person is the sole trustee of the 2006 Trust and, therefore, is deemed to have sole voting and investment power over the securities held by CZI.

2. The sales reported were effected by CZI pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on February 1, 2025.

3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $760.83 to $761.81 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $761.83 to $762.80 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $762.86 to $763.825 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $763.87 to $764.70 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

7. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $764.88 to $765.80 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

8. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $765.89 to $766.84 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

9. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $767.07 to $768.04 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

10. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $768.10 to $769.095 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

11. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $769.10 to $769.60 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

12. Shares held of record by the Chan Zuckerberg Initiative Foundation ("CZI Foundation"). The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares.

13. The Class B Common Stock is convertible into the issuer's Class A Common Stock on a 1-for-1 basis (a) at the holder's option or (b) upon certain transfers of such shares and has no expiration date.

14. Shares held of record by Mark Zuckerberg, Trustee of the 2006 Trust.

15. Shares held of record by Chan Zuckerberg Holdings, LLC ("CZ Holdings"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings.

16. Shares held of record by CZI Holdings I, LLC ("CZI I"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZI I.

17. Shares held of record by Chan Zuckerberg Holdings II, LLC ("CZ Holdings II"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings II.

18. Shares held of record by Chan Zuckerberg Holdings III, LLC ("CZ Holdings III"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings III.

19. Shares held of record by CZ Management, LLC ("CZ Management"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Management.

20. Shares held of record by Chan Zuckerberg Holdings IV, LLC ("CZ Holdings IV"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings IV.

	/s/ Erin Guldiken, attorney-in-fact for Mark Zuckerberg	08/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did Mark Zuckerberg report on the META Form 4?

The filing reports that CZI Holdings, LLC sold 15,847 Class A shares on 08/08/2025 under a 10b5-1 trading plan; footnotes list execution price ranges.

Were the sales by Mark Zuckerberg part of a 10b5-1 plan?

Yes. Footnote 2 states the sales were effected by CZI pursuant to a Rule 10b5-1 trading plan adopted on 02/01/2025.

How many shares does the Chan Zuckerberg Initiative Foundation hold according to the filing?

The Form 4 shows 397,007 shares held of record by the Chan Zuckerberg Initiative Foundation.

What price information is disclosed for the sold shares?

Footnotes report weighted-average price ranges for the multiple transactions, with prices spanning approximately $760.83 to $769.60 per share.

Who signed the Form 4 and when?

The form is signed by /s/ Erin Guldiken, attorney-in-fact for Mark Zuckerberg on 08/11/2025.