CEO Mark Zuckerberg sells Meta stock for Rs 1,600 crore.
While Meta’s stock was surging in November, hitting a nearly two-year high, CEO Mark Zuckerberg was selling off shares. Form 4 filings with the Securities and Exchange Commission show that Zuckerberg sold 560,180 shares of Meta by November 29th, having unloaded himself of shares every day in November. In addition, he attempted to sell an additional 28,009 shares that same day, according to a Form 144 filing made on Thursday. The weighted average price of these share sales, along with Thursday’s closing price of $327.15, indicate that the total value of the sold shares is $192.9 million, or approximately Rs…