Meta Platforms Chief Executive Officer (CEO) Mark Zuckerberg and JPMorgan Chase & Co. CEO Jamie Dimon were among eight other top executives who sold their shares before US President Donald Trump announced the ‘reciprocal tariffs’ on April 2, 2025, reported the news agency Bloomberg. 

The news agency, citing Washington Services data, showed how top executives like Zuckerberg and Dimon were among the many who cashed in their shares before Trump started a trade war between the United States and other world nations.

1. Mark Zuckerberg: Meta Platforms Inc.’s Chairman and CEO, Mark Zuckerberg, sold 1,102,945 shares or nearly 1.10 million shares for a total of $733,483,827 or $733 million in the first three months of 2025.

As per the report, the Chan Zuckerberg Initiative, along with its foundation, were selling their shares steadily throughout the months of January and February. This stake sale was carried out under a 10b5-1 plan which was implemented by Zuckerberg himself in August 2024.

During the highly volatile market sessions after Trump’s tariff announcement, Mark Zuckerberg’s net worth dropped to its lowest level of $178 billion, according to the Bloomberg Billionaire Index. 

2. Safra Catz: Safra Catz is the CEO of Oracle Corp, sold 3.8 million stock options which are worth $705 million in January when the company’s stock was up $180 apiece.

Catz has reportedly maintained a relatively small holding in the company compared to her overall fortune.

3. Nikesh Arora: Nikesh Arora is the CEO of Palo Alto Networks Inc., and has sold a total of 2,365,196 or more than 2.36 million shares, which are worth $432,371,610 or more than $432.37 million.

Arora is a former SoftBank Group executive who has been selling Palo Alto Networks stock options at the beginning of every month. The monthly stock option sales continued their pattern in April, which brought the total value of the stock sold to over $565 million, at an exercise cost of $100 million, as per the report. 

4. Max de Groen: Max de Groen is the director of Nutanix Inc., sold 5.5 million shares, which are worth a total value of $409,805,000 or $409.80 million. Max de Groen is also a partner at Bain Capital, along with his role as the cloud-computing company Nutanix.

5. Chuck Davis: Chuck Davis is the director at Axis Capital Holdings Ltd, who sold a total of 4,373,673 or 4.3 million shares, which are worth a total of $399,999,882 or $399.99 million. Davis also serves as the co-CEO of Stone Point Capital, along with his role as the director of Axis Capital.

6. Stephen Cohen: Stephen Cohen is the President of Palantir Technologies Inc. The company’s insiders cashed out over $4 billion last year.

Cohen sold 4.06 million shares, which is worth $337,239,916 or around $337.23 million. The company’s stock has nearly doubling from mid-January to mid-February and is up 24 per cent in 2025. 

7. Jamie Dimon: Jamie Dimon is the Chairman and CEO of JPMorgan Chase & Co., sold 866,361 shares worth $233,776,513 or $233.77 million, on February 20, 2025.

On April 14, the CEO also sold an additional 133,639 shares worth $31.5 million. This move brought his total value of the stake sale to over a quarter of a billion dollars.

8. Eric Lefkofsky: Eric Lefkofsky, the Chairman and CEO of Tempus AI Inc., sold more than 4 million shares, which is worth $231,462,927 or $231.46 million. The CEO has his 10b5-1 plan, which sells 1 per cent of his stake in the company per quarter, cited the news agency quoting a company spokesperson.

9. Ted Sarandos: Ted Sarandos, the Co-CEO of Netflix Inc., sold a total of 199,063 shares, worth $194,880,917 or $194.88 million. As per the news agency’s report, Sarandos’ new 10b5-1 plan mandates selling 199,063 shares before February 2026. 

10. Travis Boersma: Travis Boersma, the co-founder and chairman of Dutch Bros Inc., sold 2.5 million shares worth $189,611,197 or $189.61 million. The co-founder reportedly sold 2.5 million shares worth almost $190 million over a five-day period in February, according to the news agency’s report.