Small Rule 10b5-1 Sale Disclosed by Meta's Javier Olivan
Rhea-AI Filing Summary
Meta Platforms (NASDAQ:META) filed a routine Form 4 reporting that Chief Operating Officer Javier Olivan sold 517 Class A shares on 06/23/2025 at $683.47 per share, totaling roughly $0.35 million. The transaction was executed under a pre-arranged Rule 10b5-1 plan adopted 08/17/2024. Following the sale, Olivan’s direct and indirect beneficial ownership stands at ~119,106 shares, meaning the disposition represents less than 1 % of his holdings. No derivative transactions or additional changes in ownership were disclosed.
Positive
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Negative
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Insider Trade Summary
Net Seller: 517 shares
Net Sell
5 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
517 shs ($353K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 517 | $683.47 | $353K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 8,370 shares (Direct);
Class A Common Stock — 8,622 shares (Indirect, By Olivan D LLC);
Class A Common Stock — 2,999 shares (Indirect, By Olivan Reinhold D LLC);
Class A Common Stock — 8,622 shares (Indirect, By Reinhold D LLC);
Class A Common Stock — 90,493 shares (Indirect, By Olivan Reinhold Family Revocable Trust u/a/d 10/16/12)
Footnotes (5)
- F1. The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 17, 2024.
- F2. Shares held of record by the reporting person, manager of Olivan D LLC.
- F3. Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.
- F4. Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.
- F5. Shares held of record by the reporting person and his spouse, Co-Trustees of the Olivan Reinhold Family Revocable Trust u/a/d 10/16/12.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is Javier Olivan's total beneficial ownership in META after the June 2025 sale?
Post-transaction, he beneficially owns approximately 119,106 shares through direct and indirect holdings.
Was the June 2025 META insider sale executed under a Rule 10b5-1 plan?
Yes. The sale was made under a Rule 10b5-1 trading plan adopted on 08/17/2024.