Corporate executives at major companies have sold stock in their own companies in March as the stock market hits new record highs.
Zuckerberg's moves appear to be part of a 10b5-1 stock sale plan adopted last summer.
An even larger stock sale came from Michael Dell, the CEO and namesake of Dell Technologies .
The tech founder has filed a Form 144 to sell 7 million shares, so more transactions could be coming, according to VerityData.
Dell shares have soared more than 50% this year on optimism the AI boom will lead to a replenishment of servers and PCs.
Persons:
Mark Zuckerberg, Michael Dell, Alesia Haas, Zuckerberg, Haas, Troendle, William Hickey III, James Walter, TechnipFMC, Douglas Pferdehirt, William Meaney
Organizations:
Facebook, Dell Technologies, Dell, Medpace Holdings
Locations:
—, 10b5