Zuckerberg Sold $428 Million of Meta Stock in Two Months (1)

Mark Zuckerberg sold nearly half a billion dollars of Meta Platforms Inc. shares in the final two months of 2023 after a two-year hiatus in which the company’s stock price hit its lowest in seven years.

The Meta chief executive sold shares on every trading day between Nov. 1 and the end of the year, unloading nearly 1.28 million shares for about $428 million, according to a Tuesday regulatory filing.

On average, each sale took in $10.4 million, with the largest on Dec. 28 at $17.1 million.

Before this period, Zuckerberg had not sold Meta shares since November 2021 ...