Meta Form 4: Olivan reports 517-share sale; detailed direct and indirect holdings disclosed

Rhea-AI Filing Summary

Meta Platforms Chief Operating Officer Javier Olivan reported a sale of Class A common stock. The report shows a disposition of 517 shares at a price of $770 per share executed on 08/11/2025. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 08/17/2024, which indicates the sale followed a pre-established plan rather than a discretionary trade.

The filing also discloses Olivan's holdings after the sale: 4,751 shares held directly and additional indirect holdings reported by entities and a family trust, including 8,622, 2,999, 8,622, and 90,493 Class A shares respectively. The form provides clear breakdowns of direct and indirect beneficial ownership without other transactions disclosed.

Insights

Securities Analyst

TL;DR: Small, pre-planned insider sale; no material change to beneficial ownership profile.

The reported sale of 517 Class A shares at $770 each is explicitly recorded as executed under a Rule 10b5-1 plan, which reduces the likelihood the transaction signals new company-specific information. The remaining direct holding of 4,751 shares plus the detailed indirect holdings indicate continued substantial aggregate ownership by the reporting person and related entities. Given the absolute size of the sale relative to the disclosed holdings, this transaction appears immaterial to company capitalization and investor control metrics.

Corporate Governance Expert

TL;DR: Governance practices observed; disclosure is transparent and trade follows a documented plan.

The filing provides clear disclosure of the officer's relationship to Meta as Chief Operating Officer and itemizes both direct and multiple forms of indirect beneficial ownership, including LLCs and a family revocable trust. The seller used a Rule 10b5-1 plan adopted in 2024, which is a common governance tool to mitigate insider trading concerns. There is no indication in the filing of unusual timing, large-scale divestiture, or changes in control that would raise immediate governance red flags.

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^*

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)
08/11/2025

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	08/11/2025		S(1)		517	D	$770	4,751	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	08/13/2025
	** 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 at a price of $770 per share executed on 08/11/2025.

Was the sale by Javier Olivan part of a 10b5-1 trading plan for META?

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

How many Meta Class A shares does Olivan beneficially own after the reported transaction?

The filing shows 4,751 shares held directly after the sale, plus indirect holdings of 8,622, 2,999, 8,622, and 90,493 shares by named entities and a family trust.

What is Javier Olivan's role at Meta as stated in the filing?

The reporting person is identified as an Officer with the title Chief Operating Officer.

Who signed the Form 4 on behalf of Javier Olivan?

The document is signed by Erin Guldiken, attorney-in-fact for Javier Olivan.