Form 4: Meta Platforms Director Peggy Alford Reports Share Donations

Meta Platforms director Peggy Alford reported donating shares of Class A Common Stock to a donor advised fund and a charitable entity.

Summary

• Peggy Alford, a director at Meta Platforms, reported a transaction on April 26, 2024.
• She donated 928 shares of Class A Common Stock to a donor advised fund.
• She also donated 237 shares of Class A Common Stock to a charitable entity.
• These shares were held indirectly through the Alford Family Revocable Trust.
• The price of the shares at the time of the donation was not specified, but the transaction is recorded as a gift with a price of $0.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing a director's share donations, which is neither positive nor negative for the company's performance.

Industry Context

This is a routine filing related to a director's personal transactions and does not reflect any specific industry trend or competitive activity.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders to report changes in their beneficial ownership of company securities.
• The donation of shares to charitable entities is a common practice among high-net-worth individuals and corporate executives.

Stakeholder Impact

• The share donations do not have a direct impact on shareholders, employees, customers, or suppliers.

Key Dates

Keywords

Meta Platforms, Peggy Alford, Director, Share Donation, Class A Common Stock, Alford Family Revocable Trust, Donor Advised Fund, Charitable Entity