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DoorDash CEO Gets $200K+ in Meta Stock as Board Member Compensation

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Meta Platforms (META) Director Tony Xu received a new equity grant of 600 Restricted Stock Units (RSUs) on June 16, 2025. Each RSU represents the right to receive one share of Meta's Class A Common Stock.

Key terms of the RSU grant:

  • 100% of RSUs vest on May 15, 2026
  • Accelerated vesting provision: If the 2026 Annual Meeting occurs before May 15, 2026, and Xu doesn't stand for re-election or isn't re-elected (but serves until the meeting), RSUs fully vest on the meeting date
  • Grant price: $0 (standard for RSU awards)

This Form 4 filing, signed by attorney-in-fact Erin Guldiken, represents standard board of director compensation practices at Meta, providing equity incentives to align director interests with shareholders.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Xu Tony

(Last) (First) (Middle)
C/O META PLATFORMS, INC.
1 META WAY

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Meta Platforms, Inc. [ META ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (RSU) (Class A) (1) 06/16/2025 A 600 (2) (2) Class A Common Stock 600 $0 600 D
Explanation of Responses:
1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
2. The RSUs vest as to 100% of the total RSUs on May 15, 2026; provided, however, in the event that (i) the Issuer's 2026 Annual Meeting of Shareholders is held prior to May 15, 2026; and (ii) the reporting person does not stand for re-election at, or is not re-elected at, the 2026 Annual Meeting of Shareholders (but the reporting person continues to serve on the Board until the date of such meeting), then 100% of the total RSUs shall vest on the date of the 2026 Annual Meeting of Shareholders.
/s/ Erin Guldiken, attorney-in-fact for Tony Xu 06/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many META RSUs did director Tony Xu receive in June 2025?

According to the Form 4 filing, Tony Xu received 600 Restricted Stock Units (RSUs) of META's Class A Common Stock on June 16, 2025.

When do Tony Xu's META RSUs vest?

The RSUs vest 100% on May 15, 2026. However, if META's 2026 Annual Meeting occurs before May 15, 2026, and Xu doesn't stand for re-election or isn't re-elected (but serves until the meeting), the RSUs will vest on the date of the 2026 Annual Meeting.

What is the exercise price of META RSUs granted to Tony Xu?

The Form 4 shows that the RSUs were granted at $0 cost to Tony Xu. Each RSU represents a contingent right to receive 1 share of META's Class A Common Stock upon settlement.

What position does Tony Xu hold at META as of June 2025?

According to the Form 4 filing, Tony Xu serves as a Director on META's Board. This is indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.
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