Zuckerberg has sold more Facebook stock in the last 3 months than any insider at any other company

[syringis]

Zuckerberg has sold more Facebook stock in the last 3 months than any insider at any other company

In the two weeks before Facebook's latest struggles, CEO Mark Zuckerberg sold 1.14 million shares as part of regularly scheduled programs.
That was the most insider selling for any public company, going back as far as three months, according to Argus Research's Vickers Weekly Insider.
Zuckerberg had promised to sell tens of millions of shares to fund philanthropic efforts.
Analysts don't believe there was anything nefarious behind the insider selling, which are part of regularly scheduled plans.

https://www.cnbc.com/2018/03/20/zuckerbergs-facebook-stock-selling-dwarfs-all-other-insiders.html

[Lucinda]

1. KNR

[syringis]

2. Analysts don't believe there was anything nefarious behind the insider selling

I have a hard time to believe that.

I'd rather think that "regularly scheduled plan" was set with full knowledge of what was coming...

[Johonny]

6. He announced he was selling to set up his charity

and has been doing so over a long period of time so it would be hard to prove. His biggest problem was deciding on splitting the stock in order to do this or not.

[MontanaMama]

3. Hmmmm.

What did Zuckerberg know and when did he know it? History won’t smile on this guy.

[syringis]

4. Hi montanaMama

I never liked him. I might be wrong, but I generally do trust first impressions. They were pretty bad about him.

[MontanaMama]

12. You're probably correct, my friend.

I never really thought much about Mark Zuckerberg because I don't use Facebook personally...it stresses me out...people pouring out personal details about their lives and loved ones to the whole world seems just plain odd to me.

Hope spring is finding its way to you syringis!

[crazylikafox]

5. Lock him up

[A HERETIC I AM]

8. For what?

Complying with SEC regulations?

That asshole, how dare he be in compliance!

Jesus Hornblower Christ, this is such a non-story it isn’t funny.

The only reason it is even noteworthy is because of what is happening to the company, but these share sales have been effected for quite a while.

And before I get some silly response about defending the rich or whatever, I don’t give two shits what the guy does with his own shares of stock. They are his and he can do what he wants. The only requirement is he comply with the law and he apparently has done that

[syringis]

13. Hello A HERETIC I AM

I'll try to put something decent in English, It would be much more easier for me in French

m not saying there is a legal issue. But I can't help asking myself.

1- Zuckerberg is anything but stupid,

2- He knew for a long time (at least since 2015) Facebook has serious problems with data protection and transparency,

3- You may not know, FB has been under the scrutiny of the EU Data Protection Authority, almost from the beginning and has been fined 110 million euros for providing "misleading" info about its acquisition of WhatsApp,

This is why, even if everything looks legal, I can't help but I have doubts.

[A HERETIC I AM]

15. I am not suggesting everything he or his company has done is perfectly fine

But if you look at the article you posted, it mentions "Rule 10b5-1" and as you said in your #1 point, he isn't stupid.

Violations of insider trading laws can put him in jail.

Does the timing of these stock sales look bad? Yes, sure it does. Has he done anything illegal? It does not appear he has.

[Fullduplexxx]

7. Kr hope they go all martha stewart on him

[uponit7771]

9. Like whoa !!! I got from the movie this guy was a con man

[BSdetect]

10. I'd like to see his history of share selling and his plan documents etc

He may have dropped himself in it. Selling with knowledge that the shit was about to hit the fan big time.

Like drumph he may have thought they could skate around the law.

[Blue_true]

11. There are many reasons for that.

Often wealth planning dictate that a person sell down some assets to lower numbers. Facebook stick has appreciated well before the dump of the last few days, Zuckerberg may have sold some stock to provide more balance to his assets. He also recently funded something like a $100 million dollar Charity initiative, the stock sales could have been to fund that.

[syringis]

14. Hi Blue_true

Yes, I know, but I can't help. I have doubts. See my reply #13

[CelticWinter]

16. Disband FB

forbid Zuckerburg to ever have access to the internet, he is not a friend of America or her people, he is not to be trusted.
Celtic