Form 4 for META Meta Platforms
Accepted 2025-01-29 20:21:24 ET · period of report 2025-01-27 · accession 0000950103-25-001073 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MTI | 2025-01-29 20:21 | 2025-01-27 | META | Zuckerberg Mark | COB, CEO, Dir, 10% | S - Sale | $649.51 | -13.6K | 262.9K | -5% | -$8.80M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-01-27 | S | D | 300 | $661.48 | 280 | I By CZI Holdings, LLC | — | — | (F1) The sales reported were effected by CZI Holdings, LLC ("CZI") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F2) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $661.37 to $661.675 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F3) Shares held of record by CZI. Mark Zuckerberg, Trustee of the Mark Zuckerberg Trust dated July 7, 2006 ("2006 Trust"), is the sole member of CZI. The reporting person is the sole trustee of the 2006 Trust and, therefore, is deemed to have sole voting and investment power over the securities held by CZI. |
| 2 | Common | Class A Common Stock | 2025-01-27 | S | D | 280 | $663.13 | 0 | I By CZI Holdings, LLC | — | — | (F1) The sales reported were effected by CZI Holdings, LLC ("CZI") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F4) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $662.88 to $663.30 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F3) Shares held of record by CZI. Mark Zuckerberg, Trustee of the Mark Zuckerberg Trust dated July 7, 2006 ("2006 Trust"), is the sole member of CZI. The reporting person is the sole trustee of the 2006 Trust and, therefore, is deemed to have sole voting and investment power over the securities held by CZI. |
| 3 | Common | Class A Common Stock | 2025-01-27 | S | D | 180 | $626.56 | 275,666 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F6) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $626.20 to $627.00 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 4 | Common | Class A Common Stock | 2025-01-27 | S | D | 200 | $629.29 | 275,466 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F8) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $628.95 to $629.64 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 5 | Common | Class A Common Stock | 2025-01-27 | S | D | 208 | $631.36 | 275,258 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F9) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $631.23 to $631.47 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 6 | Common | Class A Common Stock | 2025-01-27 | S | D | 589 | $632.75 | 274,669 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F10) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $632.40 to $633.06 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 7 | Common | Class A Common Stock | 2025-01-27 | S | D | 496 | $634.41 | 274,173 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F11) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $634.08 to $634.71 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 8 | Common | Class A Common Stock | 2025-01-27 | S | D | 100 | $635.53 | 274,073 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 9 | Common | Class A Common Stock | 2025-01-27 | S | D | 100 | $636.54 | 273,973 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 10 | Common | Class A Common Stock | 2025-01-27 | S | D | 560 | $638.28 | 273,413 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F12) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $637.85 to $638.55 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 11 | Common | Class A Common Stock | 2025-01-27 | S | D | 292 | $639.32 | 273,121 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F13) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $638.99 to $639.98 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 12 | Common | Class A Common Stock | 2025-01-27 | S | D | 96 | $640.45 | 273,025 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 13 | Common | Class A Common Stock | 2025-01-27 | S | D | 552 | $642.70 | 272,473 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F14) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $642.21 to $643.15 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 14 | Common | Class A Common Stock | 2025-01-27 | S | D | 255 | $644.97 | 272,218 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F15) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $644.63 to $645.35 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 15 | Common | Class A Common Stock | 2025-01-27 | S | D | 196 | $646.17 | 272,022 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F16) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $645.71 to $646.61 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 16 | Common | Class A Common Stock | 2025-01-27 | S | D | 492 | $647.39 | 271,530 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F17) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $647.04 to $647.89 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 17 | Common | Class A Common Stock | 2025-01-27 | S | D | 973 | $649.45 | 270,557 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F18) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $648.96 to $649.86 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 18 | Common | Class A Common Stock | 2025-01-27 | S | D | 1,217 | $650.51 | 269,340 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F19) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $649.99 to $650.98 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 19 | Common | Class A Common Stock | 2025-01-27 | S | D | 1,082 | $651.50 | 268,258 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F20) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $651.055 to $652.02 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 20 | Common | Class A Common Stock | 2025-01-27 | S | D | 894 | $652.83 | 267,364 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F21) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $652.09 to $653.07 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 21 | Common | Class A Common Stock | 2025-01-27 | S | D | 794 | $653.72 | 266,570 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F22) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $653.30 to $654.28 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 22 | Common | Class A Common Stock | 2025-01-27 | S | D | 392 | $654.61 | 266,178 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F23) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $654.37 to $654.98 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 23 | Common | Class A Common Stock | 2025-01-27 | S | D | 759 | $656.03 | 265,419 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F24) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $655.81 to $656.50 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 24 | Common | Class A Common Stock | 2025-01-27 | S | D | 592 | $657.63 | 264,827 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F25) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $657.08 to $658.06 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 25 | Common | Class A Common Stock | 2025-01-27 | S | D | 592 | $658.66 | 264,235 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F26) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $658.17 to $659.00 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 26 | Common | Class A Common Stock | 2025-01-27 | S | D | 907 | $659.46 | 263,328 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F27) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $659.20 to $660.0401 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 27 | Common | Class A Common Stock | 2025-01-27 | S | D | 149 | $661.00 | 263,179 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F28) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $660.255 to $661.24 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 28 | Common | Class A Common Stock | 2025-01-27 | S | D | 231 | $661.44 | 262,948 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F29) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $661.31 to $661.80 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |
| 29 | Common | Class A Common Stock | 2025-01-27 | S | D | 77 | $662.73 | 262,871 | I By Chan Zuckerberg Initiative Foundation | — | — | (F5) The sales reported were effected by the Chan Zuckerberg Initiative Foundation ("CZI Foundation") pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2024. (F30) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $662.69 to $662.77 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F7) Shares held of record by CZI Foundation. The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares. |