Form 4: Meta COO Sells Shares Under 10b5-1 Plan

Meta Platforms' Chief Operating Officer, Javier Olivan, sold 517 shares of Class A Common Stock for $646 per share on December 15, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Javier Olivan, Chief Operating Officer of Meta Platforms, Inc. (META), reported a sale of Class A Common Stock.
• The transaction involved the disposition of 517 shares.
• The sale occurred on December 15, 2025, at a price of $646 per share.
• This sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Olivan on August 17, 2024.
• Following the transaction, Mr. Olivan directly beneficially owns 13,234 shares of Class A Common Stock.
• Indirect beneficial ownership includes: 8,622 shares through Olivan D LLC, 2,999 shares through Olivan Reinhold D LLC, 8,622 shares through Reinhold D LLC, and 90,493 shares through Olivan Reinhold Family Revocable Trust u/a/d 10/16/12.

Sentiment

Score: 5

Explanation: Neutral, as the reported transaction is a pre-planned insider sale under a Rule 10b5-1 trading plan, which typically does not indicate new material information or a change in sentiment.

Related Party Transactions

• Indirect beneficial ownership of 8,622 shares through Olivan D LLC, where the reporting person is a manager.
• Indirect beneficial ownership of 2,999 shares through Olivan Reinhold D LLC, where the reporting person and spouse are managers.
• Indirect beneficial ownership of 8,622 shares through Reinhold D LLC, where the reporting person's spouse is a manager.
• Indirect beneficial ownership of 90,493 shares through Olivan Reinhold Family Revocable Trust u/a/d 10/16/12, where the reporting person and spouse are Co-Trustees.

Stakeholder Impact

• Shareholders: Minimal impact, as the sale is a routine, pre-scheduled transaction under a 10b5-1 plan and not indicative of new company-specific news.

Key Dates

Recommendation

The filing reports a routine, pre-scheduled sale of shares by a corporate officer under a Rule 10b5-1 trading plan. Such transactions are generally not considered indicative of new material information or a change in the company's fundamental outlook, thus a 'hold' recommendation is maintained.

Keywords

Meta Platforms, META, Javier Olivan, Form 4, insider trading, stock sale, 10b5-1 plan, COO