Insiders Sell Billions Ahead of Tariff Announcements

Billionaire executives, including Meta Platforms Inc.’s Mark Zuckerberg and Oracle Corp.’s Safra Catz, sold shares worth billions of dollars before President Donald Trump’s tariff announcements sent markets tumbling. A recent analysis found that Zuckerberg unloaded 1.1 million shares worth $733 million in January and February through his Chan Zuckerberg Initiative. The social media company’s stock price plummeted by 32% following the broader market downturn, hitting a peak of over $736 on Valentine’s Day.

Source: https://www.bloomberg.com/news/articles/2025-04-20/zuckerberg-dimon-are-among-top-sellers-ahead-of-tariff-stock-rout