Meta (NASDAQ: META) director’s family trust sells 409 shares under 10b5-1 plan

Rhea-AI Filing Summary

Meta Platforms director Peggy Alford, through the Alford Family Revocable Trust, completed an open-market sale of 409 shares of Meta Class A common stock on May 1, 2026 at $614.53 per share. The trust continues to hold 2,704 shares after this sale. The transaction was effected under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person, indicating the sale was planned in advance rather than timed discretionarily.

Insights

Equity compensation and insider-trading analyst

Small, pre-planned trust sale; routine activity with remaining holdings.

The filing shows the Alford Family Revocable Trust, associated with Meta director Peggy Alford, sold 409 shares of Meta Class A common stock at $614.53 per share on May 1, 2026. This is an open-market sale coded as a non-derivative transaction.

After the sale, the trust still holds 2,704 shares, so the transaction represents a modest portion of the reported indirect position. A footnote states the sale was made under a Rule 10b5-1 trading plan adopted earlier, suggesting the timing reflects a pre-set schedule rather than a new discretionary decision.

There are no derivative positions listed in this filing, and no purchases or option exercises were reported. Overall, this appears to be routine liquidity or portfolio management activity rather than a thesis-changing event.

Insider Trade Summary 10b5-1

Net Seller: 409 shares ($251,343)

Net Sell 1 txn

Insider Alford Peggy

Role null

Sold 409 shs ($251K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	409	$614.53	$251K

Holdings After Transaction: Class A Common Stock — 2,704 shares (Indirect, By Alford Family Revocable Trust)

Footnotes (1)

1. The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025. Shares held of record jointly by the reporting person and the reporting person's spouse as trustees of the Alford Family Revocable Trust.

Key Figures

Shares sold: 409 shares Sale price per share: $614.53 per share Shares held after transaction: 2,704 shares +2 more

5 metrics

Shares sold 409 shares Open-market sale on May 1, 2026

Sale price per share $614.53 per share Meta Class A Common Stock

Shares held after transaction 2,704 shares Indirectly via Alford Family Revocable Trust

Transaction code S Sale in open market or private transaction

Net buy/sell shares -409 shares Net-sell direction in transaction summary

Key Terms

Rule 10b5-1 trading plan, Alford Family Revocable Trust, Class A Common Stock, open-market sale

4 terms

Rule 10b5-1 trading plan regulatory

"The sale reported was effected 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.

Alford Family Revocable Trust financial

"Shares held of record jointly by the reporting person and the reporting person's spouse as trustees of the Alford Family Revocable Trust"

Class A Common Stock financial

"security_title: Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 Insider Transactions: What Each Field Means →

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).

X

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^*

Alford Peggy

(Last) (First) (Middle)

C/O META PLATFORMS, INC.

1 META WAY

(Street)

MENLO PARK CALIFORNIA 94025

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Class A Common Stock	05/01/2026		S(1)		409	D	$614.53	2,704	I	By Alford Family Revocable Trust(2)

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

Explanation of Responses:

1. The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.

2. Shares held of record jointly by the reporting person and the reporting person's spouse as trustees of the Alford Family Revocable Trust.

	/s/ Erin Guldiken, attorney-in-fact for Peggy Alford	05/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Meta (META) director Peggy Alford report?

Peggy Alford reported an open-market sale of 409 shares of Meta Class A common stock. The shares were sold on May 1, 2026 at $614.53 per share through the Alford Family Revocable Trust, classified as an indirect ownership transaction.

How many Meta (META) shares does the Alford Family Revocable Trust hold after the sale?

After the reported transaction, the Alford Family Revocable Trust holds 2,704 shares of Meta Class A common stock. This post-transaction figure shows that the 409 shares sold represent only a portion of the trust’s indirect holdings associated with director Peggy Alford.

Was Peggy Alford’s Meta (META) share sale made under a Rule 10b5-1 plan?

Yes. A footnote states the sale was executed under a Rule 10b5-1 trading plan adopted by the reporting person. Such plans pre-schedule trades, indicating the timing of this 409-share sale was set in advance rather than chosen opportunistically.

Is the Meta (META) insider sale by Peggy Alford a direct or indirect holding change?

The transaction changes an indirect holding. The 409 Meta Class A shares were held by the Alford Family Revocable Trust, where Alford and spouse serve as trustees, and the filing classifies ownership as indirect with the trust holding 2,704 shares after the sale.

What transaction code is used for Peggy Alford’s Meta (META) trade and what does it mean?

The filing uses transaction code "S" for this trade, described as a sale in an open market or private transaction. It confirms the 409 Meta Class A shares were sold, not granted, gifted, or withheld for taxes, and reflects an actual disposition of shares.