Meta product chief Cox’s trust sells 20,000 shares twice
Both sales were reported under a Rule 10b5-1 trading plan adopted by Meta’s Chief Product Officer on May 19, 2026.
Rhea-AI Filing Summary
On September 21, 2026, The Christopher K. Cox Revocable Trust sold 20,000 Meta Class A shares at a weighted average price of $700.4966 per share and another 20,000 at $725.0164 per share. Christopher K. Cox, Meta’s Chief Product Officer, reported that the sales were made under a Rule 10b5-1 trading plan adopted May 19, 2026. Separately, 55,046 shares were listed as held by Christopher K. Cox and Visra Vichit-Vadakan, co-trustees of The Cox-Vadakan Irrevocable Remainder Trust.
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Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 40,000 shares
Net Sell
3 txns
Insider
Cox Christopher K
Role
Chief Product Officer
Sold
40,000 shs ($28.51M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 20,000 | $700.4966 | $14.01M |
| Sale | Class A Common Stock F1, F4, F3 | 20,000 | $725.0164 | $14.50M |
| holding | Class A Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 184,516 shares (Indirect, Christopher K. Cox Revocable Trust);
Class A Common Stock — 55,046 shares (Indirect, Cox-Vadakan Irrevocable Remainder Trust)
Footnotes (5)
- F1. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 19, 2026.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $700.00 to $700.92 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. Shares held of record by Christopher K. Cox, Trustee of The Christopher K. Cox Revocable Trust.
- F4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $725.00 to $725.06 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5. Shares held of record by Christopher K. Cox and Visra Vichit-Vadakan, Co-Trustees of The Cox-Vadakan Irrevocable Remainder Trust.
Key Figures
Shares sold in first transaction: 20,000 shares
Weighted average sale price in first transaction: $700.4966 per share
Shares sold in second transaction: 20,000 shares
+2 more
5 metrics
Shares sold in first transaction
20,000 shares
September 21, 2026
Weighted average sale price in first transaction
$700.4966 per share
20,000 shares sold September 21, 2026
Shares sold in second transaction
20,000 shares
September 21, 2026
Weighted average sale price in second transaction
$725.0164 per share
20,000 shares sold September 21, 2026
Shares held by Cox-Vadakan Irrevocable Remainder Trust
55,046 shares
Holding entry dated September 21, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, Irrevocable Remainder Trust
3 terms
Rule 10b5-1 trading plan regulatory
"pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Irrevocable Remainder Trust financial
"The Cox-Vadakan Irrevocable Remainder Trust"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How were the META sale prices calculated?
Both reported sale prices are weighted averages. The 20,000 shares in the first sale were sold in multiple transactions at $700.00 to $700.92 per share; the second 20,000-share sale was executed at $725.00 to $725.06 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.