Zuckerberg, Dimon Among Key Insiders Who Sold Shares Ahead of Market Rout Triggered by Tariff Announcements
TMTPOST -- Top executives, including Mark Zuckerberg of Meta Platforms, Safra Catz of Oracle, and Jamie Dimon of JPMorgan Chase, sold billions of dollars in stock before President Donald Trump’s tariff announcements sparked a market downturn.
Zuckerberg sold 1.1 million shares, valued at $733 million, during the first quarter through his Chan Zuckerberg Initiative and related foundation, according to Washington Service, which tracks insider trades. All sales occurred in January and February when Meta’s stock was trading above $600, peaking at over $736 on Valentine’s Day. Since then, the company’s stock has dropped 32%, in line with the broader market plunge.
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