Insiders such as Meta Platforms Inc.’s Mark Zuckerberg, Oracle Corp.’s Safra Catz, and JPMorgan Chase & Co.’s Jamie Dimon sold shares worth billions of dollars in the first quarter before markets were disrupted by President Donald Trump’s tariff announcements. Zuckerberg sold 1.1 million shares worth $733 million through his Chan Zuckerberg Initiative and its related foundation. These sales occurred in January and February when Meta’s stock was trading above $600, peaking at over $736 on Valentine’s Day. Since then, Meta’s share price has dropped by 32% due to the broader market selloff.
— new from Bloomberg.com
