Mark Zuckerberg, Chairman, CEO, and a greater-than-10% owner of Meta Platforms, Inc., filed a statement of changes in beneficial ownership on November 6, 2026, disclosing a derivative security transaction dated November 4, 2026, involving the conversion of Class B Common Stock into Class A Common Stock.

Key Highlights

  • Transaction: 97,935 shares of Class B Common Stock were converted into 97,935 shares of Class A Common Stock at a price of $633.8 per share on November 4, 2026.
  • Nature of transfer: The filing describes the transaction as "an estate planning transfer following which the reporting person ceased to have a pecuniary interest in the transferred shares."
  • Post-transaction ownership: Following the reported transaction, Zuckerberg is shown as indirectly beneficially owning 97,220,640 Class A Common Stock shares through CZI Holdings, LLC.
  • Ownership structure: Shares are held across more than ten distinct entities, including Chan Zuckerberg Holdings, LLC (17,061,801 shares), Chan Zuckerberg Holdings IV, LLC (50,000,000 shares), and Chan Zuckerberg Holdings V, LLC (50,000,000 shares).
  • Rule 16a-13 transfers: Several positions reflect "a change in form of beneficial ownership since the last filing for no consideration in transfers exempt from Section 16 pursuant to Rule 16a-13."
  • Class B convertibility: According to the filing, Class B Common Stock is convertible into Class A Common Stock on a 1-for-1 basis at the holder's option or upon certain transfers, with no expiration date.

Zuckerberg Estate Planning Transfer and Ownership Restructuring at Meta Platforms

According to the filing, Mark Zuckerberg, who serves as Chairman of the Board and Chief Executive Officer of Meta Platforms, Inc. (NASDAQ:META), the social media and technology company known for operating Facebook, Instagram, and WhatsApp, reported a transaction on November 4, 2026, in which 97,935 Class B shares were converted into an equal number of Class A shares. The filing describes this as an estate planning transfer, after which Zuckerberg is stated to have ceased holding a pecuniary interest in those particular shares.

The filing further discloses that several other line items reflect changes in the form of beneficial ownership for no consideration, executed as transfers exempt from Section 16 under Rule 16a-13 of the Securities Exchange Act of 1934. These include positions held through Chan Zuckerberg Holdings III, LLC (2,783,552 shares) and Chan Zuckerberg Holdings VII, LLC (50,000,000 shares). The reporting person is described as retaining sole voting and investment power over securities held by each of the named entities, though in certain cases he is noted as having no pecuniary interest in the underlying shares.

The filing also reports 1,220,640 shares of Class A Common Stock held indirectly through Chan Zuckerberg Biohub, Inc., over which Zuckerberg is stated to have sole voting and investment power but no pecuniary interest. The aggregate indirect beneficial ownership reported across all listed entities is substantial, with single positions in Chan Zuckerberg Holdings IV, V, and VII each listed at 50,000,000 Class A shares. The filing was signed by Erin Guldiken as attorney-in-fact for Mark Zuckerberg on November 6, 2026.

What Was Disclosed

The filing reported a November 4, 2026, conversion of 97,935 Class B shares into Class A shares at $633.8, characterized as an estate planning transfer, along with multiple Rule 16a-13 exempt ownership restructurings across more than ten affiliated holding entities, all filed on November 6, 2026.