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

Meta Platforms' Chief Operating Officer, Javier Olivan, sold 608 shares of Class A Common Stock on May 5, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Javier Olivan, the Chief Operating Officer of Meta Platforms, Inc., sold 608 shares of Class A Common Stock on May 5, 2025.
• The transaction was executed at a price of $592 per share.
• The sale was conducted under a Rule 10b5-1 trading plan adopted on August 17, 2024.
• Following the transaction, Olivan directly owns 3,190 shares.
• Olivan also indirectly owns shares through several entities, including Olivan D LLC (8,622 shares), Olivan Reinhold D LLC (2,999 shares), Reinhold D LLC (8,622 shares), and the Olivan Reinhold Family Revocable Trust (90,493 shares).

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to stock sales by an executive. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

Sales by executives are a normal part of corporate activity. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on any inside information.

Key Dates

Keywords

Meta Platforms, Javier Olivan, SEC Form 4, Class A Common Stock, Rule 10b5-1, Insider Trading, Beneficial Ownership, Olivan D LLC, Olivan Reinhold D LLC, Reinhold D LLC, Olivan Reinhold Family Revocable Trust