Meta-Oracle-JPMorgan CEOs Sell Stocks to Make Money Ahead of Market Volatility on Trump Taxes

Revealing the Top 10 “Executives Who Sold the Most Shares” in Q1/68, Found that the CEOs of Meta, Oracle and JPMorgan sold shares to make money before the market fluctuated from the “Trump Tax” policy, while Elon Musk lost more than 1.29 billion dollars in assets.

April 20, 2568 at 20.00:XNUMX p.m. Bloomberg News reported that executives from several leading companies, including Mark Zuckerberg of Meta Platforms Inc., Safra Katz of Oracle Corp., and Jamie Dimon of JPMorgan Chase & Co., sold stocks to make billions of dollars before President Donald Trump's tax policies caused market turmoil.

An analysis by the Washington Service , which tracks executive stock trading, revealed that Mark Zuckerberg sold 1.1 million shares of Meta stock, worth $733 million, through the Chan Zuckerberg Initiative and related organizations. The sales occurred in January and February, when Meta stock was still above $600 and peaked at over $736 on Valentine's Day, before plummeting 32% thereafter.

Meanwhile, Oracle CEO Safra Katz sold 3.8 million shares worth $705 million before Oracle's stock price plummeted more than 30%. Her current net worth is estimated at $2.4 billion, according to Bloomberg's billionaires index.

While JPMorgan CEO Jamie Dimon sold approximately $234 million worth of shares in the first quarter, bringing its total assets to $3 billion.

The first quarter of this year was a volatile period for the market. Although tech stocks had surged early in Trump's term, uncertainty over tariffs ahead of Emancipation Day, April 2, when Trump announced tariffs, led to a global sell-off that wiped out trillions of dollars in market value.

Elon Musk, the world's richest man, has lost $1.29 billion in assets this year due to volatility affecting technology stocks ranging from smartphones to semiconductors.

Although total sales in the first quarter of 2568 were lower than in 2567, at $2.81 billion in 2567 compared to $1.55 billion this year, sales this year were more spread out, with 10 sellers selling a combined $3.8 billion worth of stock.

Top 10 executives who sold the most shares in the first quarter of 2568 are:

1. Mark Zuckerberg, Chairman and CEO, Meta Platforms Inc.

• Number of shares sold: 1,102,945 shares
• Total selling value: $733,483,827

The Chan Zuckerberg Initiative and its affiliates have been selling Meta shares in succession in January and February 2568, all while the stock price was still above $600, under a 10b5-1 share sale plan he has been planning since August 2567. The sale of 1.1 million shares raised a total of $733 million for the charity.

The gains sent Zuckerberg's net worth to a year-low of $1.78 billion on Thursday, down from a peak of $2.59 billion on Feb. 14. However, he remains the world's third-richest person, behind Elon Musk and Jeff Bezos.

2. Safra Katz, CEO, Oracle Corp.

• Number of shares sold: 3,805,082 shares
• Total selling value: $705,455,414

The Oracle CEO typically sells stock as his stock options expire, a pattern that has continued through early 2568, according to disclosure documents. He exercised his rights to buy and sell 3.8 million shares under the 10b5-1 plan in January, when Oracle's stock price was above $180. The stock is now down more than 30%. With this pattern of sales, Safra Katz owns only a small portion of Oracle's total assets.

3. Nikesh Arora, President and CEO, Palo Alto Networks Inc.

• Number of shares sold: 2,365,196 shares
• Total selling value: $432,371,610

The former SoftBank executive has been using a 10b5-1 plan since March 2567 to gradually sell Palo Alto Networks shares at the beginning of each month. Sales continued in April, with total sales this year exceeding $565 million, while the exercise cost is more than $100 million.

4. Max de Groyne, Director, Nutanix Inc.

• Number of shares sold: 5,500,000 shares
• Total selling value: $409,805,000

The shares belong to Bain Capital, a partner de Groen is affiliated with. Bain converted the debt into 16.9 million shares last summer, and at the time de Groen said it had no plans to sell. However, eight months later, Bain sold about a third of its shares, which were reported under de Groen's name. Between the conversion (July) and the sale (March 8), Nutanix's share price was up more than 1%, but after the sale, it was down 3%.

5. Chuck Davis, Director, Axis Capital Holdings Ltd.

• Number of shares sold: 4,373,673 shares
• Total selling value: $399,999,882

Davis, who is co-CEO of Stone Point Capital, sits on the board of Axis Capital, a Bermuda-based insurance and reinsurance company that sold shares through two share buyback deals totaling $2 million in February and March.

6. Stephen Cohen, Chairman, Palantir Technologies Inc.

• Number of shares sold: 4,060,000 shares
• Total selling value: $337,239,916

Stephen Cohen has continued to sell his Palantir shares this year under a 10b5-1 plan. Palantir's stock price has been volatile this year, nearly doubling between mid-January and mid-February. It is now up 2% from the start of the year as investors look to the defense sector. Bloomberg estimates Cohen has a net worth of about $24 billion.

7. Jamie Dimon, Chairman and CEO, JPMorgan Chase & Co.

• Number of shares sold: 866,361 shares
• Total selling value: $233,776,513

Jamie Dimon sold $233 million worth of stock on Feb. 20, just two days after the bank's stock hit a 2 high. It was the first sale in nearly a year, and continued to sell in the second quarter. Dimon has sold more than $2568 million worth of stock this year.

8. Eric Levkowski, President and CEO, Tempus AI Inc.

• Number of shares sold: 4,052,579 shares
• Total selling value: $231,462,927

Eric Lefkofsky took his Google-backed healthcare company Tempus AI public in June, with shares up more than 9%. A company spokesperson said some of the stock sale was to pay for expenses related to the IPO, and Lefkofsky plans to sell 1% of his shares each quarter, according to his 10b5-1 plan.

9. Ted Sarandos, Co-CEO, Netflix Inc.

• Number of shares sold: 199,063 shares
• Total selling value: $194,880,917

Sarandos used a new 10b5-1 plan established in October 2567 to sell 199,063 shares before February 2569. He sold all of his shares on January 30, netting $173 million after deducting the $21 million cost of exercising the stock options.

10. Travis Boersma, Co-Founder and Chairman, Dutch Bros Inc.

• Number of shares sold: 2,500,000 shares
• Total selling value: $189,611,197

Travis Boersma sold 2.5 million shares worth nearly $190 million over five days in February. The stock was held in a trust he controlled. Boersma, a dairy farmer, became a billionaire in 5 after Dutch Bros went public.

Reference: bloomberg.com

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