Form 4: Meta Platforms CFO Susan Li Reports Stock Transactions

Susan Li, CFO of Meta Platforms, reports multiple transactions involving Class A Common Stock, including acquisitions, disposals, and vesting of Restricted Stock Units (RSUs).

Summary

• Susan Li, the Chief Financial Officer of Meta Platforms, filed a Form 4 detailing changes in her beneficial ownership of Meta's Class A Common Stock.
• On May 15, 2025, Li engaged in several transactions, including the acquisition of shares through the vesting of RSUs and the disposal of shares to cover tax obligations.
• These transactions involved shares held directly and indirectly through the Li-Hegeman Living Trust and the Li-Hegeman Family Foundation.
• Li's transactions included the acquisition of 2,399, 1,888, 4,102, 6,791, 2,679, 1,782, and 5,470 shares of Class A Common Stock through RSU vesting.
• She also disposed of 4,161 and 2,713 shares at a price of $659.36 to cover tax obligations related to RSU settlements.
• Additionally, 5,580 shares were withheld by the issuer to satisfy income tax obligations.
• After these transactions, Li directly owns 23,994 to 47,537 Restricted Stock Units (RSUs) and indirectly owns between 75,712 and 89,721 shares through the Li-Hegeman Living Trust, and 22,988 shares through the Li-Hegeman Family Foundation.
• The RSUs vest quarterly, with vesting schedules beginning on various dates from February 15, 2023, to May 15, 2025.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing, so the sentiment is neither positive nor negative. It simply reports transactions.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations. This filing provides insight into the trading activities of Meta's CFO.

Comparison to Industry Standards

• Form 4 filings are a standard regulatory requirement for corporate insiders in publicly traded companies, including Meta Platforms.
• The reporting requirements are consistent across companies like Apple, Alphabet (Google), and Microsoft, where executives must disclose transactions in their company's stock.
• The level of detail provided in this Form 4 is typical, including the number of shares, transaction dates, and prices, which aligns with industry norms for insider transaction reporting.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It assures stakeholders that company executives are complying with regulations regarding stock ownership and trading.

Key Dates

Keywords

Form 4, Susan Li, Meta Platforms, Class A Common Stock, Restricted Stock Units, RSUs, Beneficial Ownership, Insider Trading, SEC Filing