How many shares mark zuckerberg

In , for example, shareholders proposed putting in place a one-vote-per-share setup and implementing reports on fake news controversies and the gender pay gap. ISS came out in favor of them. They all failed. Trillium has announced a request for Facebook to bring on an independent board chair as in, not Zuckerberg that will be on the proxy statement. A similar proposal in , which ISS backed, failed. At Google, there are three classes of stock, but the B shares controlled by Larry Page, Sergey Brin, and Eric Schmidt account for some 60 percent of voting shares.

Borrus, from CII, told me that about 10 percent of publicly listed companies have a multi-class share setup, but the proportion is growing among newly public companies, especially in tech. Last year, 19 percent of companies that went public on US exchanges had at least two classes of stock with differential voting rights. In , it was just 1 percent, Borrus said. Proponents of such structures, including at Facebook, argue that they help make a company more stable and insulate the board and management from short-term pressure, allowing them to stay focused on long-term success.

Facebook has also pointed out that its dual-class structure has been in place since , well before it first went public in , and investors who bought the Class A shares knew that. Borrus told me growing academic research suggests that when companies go public, the multi-class structure might at first give them a boost, but that fades to a discount within six to nine years.

CII recently petitioned the New York Stock Exchange and Nasdaq to sunset multi-class structures within seven years of an initial public offering. Business Insider 12h. InvestorPlace 12h. Premium 13h. VentureBeat 13h. InvestorPlace 13h. By using our site, you acknowledge that you have read and understand our Privacy Policy and Terms of Use.

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The Facebook website and app enable people to connect with family and friends, and to share their opinions, ideas, images, and videos. Meta also owns and operates the popular photo-sharing app Instagram as well as messaging apps Messenger and WhatsApp. Additionally, the company provides virtual-reality hardware, software, and a developer ecosystem through its Reality Labs' business. On October 28, , Facebook Inc. Meta was founded in by Mark Zuckerberg and three classmates at Harvard University at the time.

For the trailing 12 month TTM period ended Oct. In this context, it has nothing to do with insider trading. The shares owned by individual insider shareholders are those that are held through direct ownership. Shares mentioned in this section do not include shares held indirectly nor shares accessible through stock options. Company insiders must file an SEC Form 4 every time they buy or sell an amount of the company's stock that is deemed to be material. Michael Schroepfer owns a total of , Meta shares, representing 0.

Schroepfer is Meta's chief technology officer, leading Meta's technological development teams across areas including artificial intelligence and virtual reality. He joined Meta in Prior to Meta, Schroepfer held an executive position in engineering with Mozilla Corp. In September , Schroepfer announced he would step down from the CTO position in to become a senior fellow at the company.

David Fischer owns a total of 37, Meta shares, representing around 0. Fischer is chief revenue officer of Meta, overseeing the company's advertising business and managing the Sales and Marketing teams worldwide. Fischer was also deputy chief of staff of the U. Treasury Department. He is a board member of Alterra Mountain Co. David Wehner owns a total of 22, shares of Meta, representing less than 0.