Meta Platforms, Inc., formerly known as Facebook, Inc., has filed a Form 144 with the Securities and Exchange Commission (SEC). The significance of this filing lies in the fact that Form 144 is required to be filed with the SEC by company insiders who intend to sell shares. This form allows investors to track insider selling activity, which can sometimes provide insights into how insiders view the company’s prospects.
Meta Platforms, Inc. is a multinational technology company known for its social media platforms, including Facebook, Instagram, and WhatsApp. With over 2.8 billion monthly active users, Meta Platforms is a dominant force in the social media industry. The company’s mission is to give people the power to build community and bring the world closer together. For more information about Meta Platforms, Inc., you can visit their website at https://investor.fb.com/.
Form 144 is a notice of proposed sale of securities filed by an insider or affiliate of a company. It is required when the amount of securities to be sold during any three-month period exceeds 5,000 shares or units or has an aggregate sales price in excess of $50,000. This form helps provide transparency to investors regarding insider trading activities within a company.
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Meta Platforms, Inc. (Formerly Facebook) Files Form 144 with the SEC
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