META insider Javier Olivan files Form 4 on RSUs and share sales
Rhea-AI Filing Summary
Meta Platforms, Inc. (META) Chief Operating Officer Javier Olivan reported multiple equity transactions involving Class A common stock and restricted stock units (RSUs). On 11/15/2025, several RSU awards converted into shares at a price of $0, reflecting vesting rather than a purchase, and the issuer withheld 5,395 and 2,610 shares to cover income tax obligations, which are not open‑market sales. On the same date, he also sold 2,610 shares at an average price of $609.46. On 11/17/2025, he sold an additional 517 shares at an average price of $604.2285 under a Rule 10b5‑1 trading plan adopted on August 17, 2024.
After these transactions, Olivan directly owned 15,302 Meta Class A shares and also held indirect interests, including 90,493 shares held by the Olivan Reinhold Family Revocable Trust and additional holdings through several LLCs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 517 | $604.2285 | $312K |
| Conversion | Restricted Stock Units (RSU) (Class A) | 5,470 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) (Class A) | 6,791 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) (Class A) | 2,679 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) (Class A) | 1,960 | $0.00 | -- |
| Conversion | Class A Common Stock | 5,470 | $0.00 | -- |
| Sale | Class A Common Stock | 2,610 | $609.46 | $1.59M |
| Exercise | Class A Common Stock | 6,791 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,679 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,960 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 5,395 | $609.46 | $3.29M |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Restricted Stock Units ("RSUs") and does not represent an open market sale. Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs and does not represent a sale. The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 17, 2024. Shares held of record by the reporting person, manager of Olivan D LLC. Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC. Shares held of record by the reporting person's spouse, manager of Reinhold D LLC. 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. Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement. The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2022, subject to continued service through each vesting date. The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2023, subject to continued service through each vesting date. The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2024, subject to continued service through each vesting date. The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2025, subject to continued service through each vesting date.
FAQ
What did Meta (META) COO Javier Olivan report in this Form 4?
Javier Olivan reported RSU conversions into Class A common stock, shares withheld by Meta to satisfy tax obligations, and open‑market sales of 2,610 shares on 11/15/2025 and 517 shares on 11/17/2025.
Was Javier Olivan’s Meta (META) stock sale under a Rule 10b5-1 plan?
Yes. The filing notes that the sale reported with code S (3), covering 517 shares on 11/17/2025, was effected pursuant to a Rule 10b5‑1 trading plan adopted on August 17, 2024.
What indirect Meta (META) holdings are reported for Javier Olivan?
The filing reports indirect ownership through several entities, including 8,622 shares held by Olivan D LLC, 2,999 shares by Olivan Reinhold D LLC, 8,622 shares by Reinhold D LLC, and 90,493 shares by the Olivan Reinhold Family Revocable Trust.