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Meta Platforms | 4: Statement of changes in beneficial ownership of securities-Director Xu Tony

SEC announcement ·  May 17 20:18
Summary by Moomoo AI
On May 15, 2024, Tony Xu, associated with Meta Platforms, Inc. [META], completed a significant acquisition of shares. Xu engaged in two separate transactions to acquire a total of 1,730 shares of Meta Platforms' Class A Common Stock at no cost, indicating these were likely exercises of options or similar derivative securities. Following these transactions, Xu's direct holdings in the company increased to 5,544 shares. The transactions reflect confidence in the company as Xu increases his investment without immediate financial outlay.
On May 15, 2024, Tony Xu, associated with Meta Platforms, Inc. [META], completed a significant acquisition of shares. Xu engaged in two separate transactions to acquire a total of 1,730 shares of Meta Platforms' Class A Common Stock at no cost, indicating these were likely exercises of options or similar derivative securities. Following these transactions, Xu's direct holdings in the company increased to 5,544 shares. The transactions reflect confidence in the company as Xu increases his investment without immediate financial outlay.
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