Meta (META) Mark Zuckerberg (10% Owner) Gifts 591,690 Shares

What Happened

• Mark Zuckerberg (reported as a 10% owner) converted 591,690 Class B shares into Class A and effected gift/transfer transactions involving 591,690 shares on July 31, 2026. Each reported transaction price is $0.00, so the reported dollar value is $0.
• The filings show a conversion of a derivative (Class B → Class A, 1-for-1) and matching gift entries that appear to move the resulting shares between accounts/entities.

Key Details

• Transaction date: 2026-07-31; Filing date: 2026-08-04 (filed several days after the transaction — check the Form 4 for any timeliness notation).
• Transactions reported:
  • Conversion of derivative security (Code C): +591,690 shares @ $0.00 (acquired)
  • Gift (Code G): -591,690 shares @ $0.00 (disposed)
  • Gift (Code G): +591,690 shares @ $0.00 (acquired)
  • Conversion of derivative security (Code C, derivative line): -591,690 shares @ $0.00 (disposed)
• Reported consideration: $0.00 (gifts / internal transfers are non‑cash).
• Shares owned after the transaction: not specified in the excerpt provided here—see the full Form 4 for post-transaction holdings by the reporting person and related entities.
• Notable footnotes: Holdings are reported through multiple entities (e.g., CZI Holdings, Chan Zuckerberg Holdings IV/V/VI/A, CZ Biohub). Footnote F3 confirms Class B shares convert to Class A on a 1-for-1 basis. Footnotes F1 and F10–F13 note Zuckerberg is deemed to have sole voting and investment power over many of these entities' holdings.

Context

• Conversion (Code C) indicates exercising conversion rights on convertible Class B shares into Class A common stock (per F3). The matching gift entries suggest the shares were transferred (gifted) among entities/accounts he controls rather than sold in the market.
• Gifts and internal transfers do not signal a buy/sell sentiment the way open-market purchases or sales do; they often relate to estate planning, transfers to controlled entities, or philanthropy.
• As a >10% owner, these moves reflect transfers at the owner/organizational level rather than routine employee trading. For complete details (post-transaction holdings and any timeliness flags), review the full Form 4 (Accession: 0000950103-26-011908).