Meta COO Olivan reports 517-share sale under 10b5-1 plan

Rhea-AI Filing Summary

Javier Olivan, Chief Operating Officer of Meta Platforms, Inc. (META), reported a sale of Class A common stock. The Form 4 shows a single transaction on 09/15/2025 in which 517 shares were sold at a price of $757.47 per share. After the reported sale, the filing lists 11,060 shares beneficially owned directly by the reporting person and several indirect holdings: 8,622 shares held by Olivan D LLC, 2,999 by Olivan Reinhold D LLC, 8,622 by Reinhold D LLC, and 90,493 by the Olivan Reinhold Family Revocable Trust. The sale was effected under a Rule 10b5-1 trading plan adopted on August 17, 2024. The Form 4 is signed by Erin Guldiken as attorney-in-fact on 09/17/2025.

Positive

• Sale executed under a Rule 10b5-1 trading plan adopted on 08/17/2024, indicating pre-arranged compliance with insider trading rules
• Comprehensive beneficial ownership disclosure showing direct and indirect holdings across LLCs and a family trust

Negative

• Reported disposition of 517 Class A shares by an officer of the company on 09/15/2025 at $757.47 per share

Insights

Corporate Governance Expert

TL;DR: Insider sale executed under a pre-established 10b5-1 plan, indicating compliance with trading policies and reduced signaling risk.

The filing documents a routine disposition of 517 Class A shares by Javier Olivan on 09/15/2025 at $757.47 per share. The sale is explicitly tied to a Rule 10b5-1 plan adopted 08/17/2024, which typically provides an affirmative defense to insider trading allegations when properly structured. The Form 4 also discloses the reporting person’s direct and indirect holdings across several entities and a family trust, supporting transparency around beneficial ownership. From a governance perspective, the presence of a documented 10b5-1 plan and prompt disclosure are positive compliance signals; the transaction size disclosed here appears modest relative to the aggregated holdings shown.

Securities Analyst

TL;DR: Small single-date sale reported; ownership breakdown clarifies concentration across direct and indirect holdings.

The report records a single sale of 517 shares at $757.47 on 09/15/2025, executed via a 10b5-1 plan. Post-transaction disclosure lists 11,060 shares held directly and material indirect holdings (8,622; 2,999; 8,622; 90,493) across LLCs and a family trust. For investors assessing insider activity, the filing provides necessary granularity on beneficial ownership and the plan-based nature of the sale, which limits interpretive weight for market-moving intent. No derivative transactions or additional dispositions are reported.

Insider Trade Summary

Net Seller: 517 shares ($391,612)

Net Sell 5 txns

Insider Olivan Javier

Role Chief Operating Officer

Sold 517 shs ($392K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	517	$757.47	$392K
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 — 11,060 shares (Direct); Class A Common Stock — 8,622 shares (Indirect, By Olivan D LLC)

Footnotes (1)

1. 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.

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).

1. Name and Address of Reporting Person^*

Olivan Javier

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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
Class A Common Stock	09/15/2025		S(1)		517	D	$757.47	11,060	D
Class A Common Stock								8,622	I	By Olivan D LLC(2)
Class A Common Stock								2,999	I	By Olivan Reinhold D LLC(3)
Class A Common Stock								8,622	I	By Reinhold D LLC(4)
Class A Common Stock								90,493	I	By Olivan Reinhold Family Revocable Trust u/a/d 10/16/12(5)

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 August 17, 2024.

2. Shares held of record by the reporting person, manager of Olivan D LLC.

3. Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.

4. Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.

5. 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.

	/s/ Erin Guldiken, attorney-in-fact for Javier Olivan	09/17/2025
	** 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

What transaction did Javier Olivan report on Form 4 for META?

The Form 4 reports a sale of 517 Class A shares on 09/15/2025 at a price of $757.47 per share.

Was the sale by the META officer part of a trading plan?

Yes, the filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted on 08/17/2024.

How many META shares does Javier Olivan beneficially own after the reported sale?

The filing lists 11,060 shares beneficially owned directly after the reported transaction, plus indirect holdings of 8,622, 2,999, 8,622, and 90,493 across related entities and a family trust.

Who signed the Form 4 filing for Javier Olivan?

The Form 4 is signed by Erin Guldiken, attorney-in-fact, for Javier Olivan on 09/17/2025.

Did the Form 4 disclose any derivative transactions or additional dispositions?

No. Table II for derivative securities contains no reported transactions; only the single non-derivative sale is reported in Table I.