STOCK TITAN

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

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

Rhea-AI Filing Summary

Javier Oliván, Chief Operating Officer of Meta Platforms, Inc. (META), reported a sale of 517 shares of Class A common stock on 08/25/2025 at a price of $755.11 per share executed under a Rule 10b5-1 trading plan adopted August 17, 2024. After the reported sale, the filing shows Mr. Oliván directly owns 12,611 Class A shares and indirectly holds additional positions: 8,622 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 u/a/d 10/16/12. The Form 4 was submitted and signed by attorney-in-fact Erin Guldiken on 08/27/2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Insider sale of 517 META shares under a pre-established 10b5-1 plan; ownership detail remains largely indirect.

The Form 4 documents a routine disposition by Meta's COO executed pursuant to a Rule 10b5-1 trading plan adopted August 17, 2024. The transaction is small in absolute share count (517 shares) with an executed price of $755.11, and the filing clarifies both direct and multiple indirect holdings across LLCs and a family trust. From a market-materiality perspective, this appears administrative and compliant with insider trading plan disclosures rather than a significant ownership shift. The filing provides clear record-level transparency about the allocation of beneficial ownership among related entities.

TL;DR: Filing demonstrates compliance with Section 16 disclosure and use of a documented 10b5-1 plan; ownership structure is detailed.

The report shows adherence to disclosure requirements: the sale was executed under an established 10b5-1 plan and the Form 4 was timely filed and signed by an attorney-in-fact. The submission breaks out direct versus indirect holdings across multiple family and manager-controlled entities, which aids transparency about who ultimately controls the economic interest. No amendments or additional derivatives are reported. This is a routine insider disclosure with governance controls evident from the documentation provided.

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)
08/25/2025
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 08/25/2025 S(1) 517 D $755.11 12,611 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 08/27/2025
** 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 did META insider Javier Oliván sell?

Mr. Oliván sold 517 shares of Class A common stock on 08/25/2025 at $755.11 per share.

Was the sale by Javier Oliván part of a planned program?

Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 17, 2024.

How many META shares does Javier Oliván own after this transaction?

The filing reports 12,611 shares held directly after the sale, plus indirect holdings of 8,622, 2,999, 8,622, and 90,493 across related entities and a family trust.

Who filed and signed the Form 4 for Javier Oliván?

The Form 4 was signed by Erin Guldiken, attorney-in-fact, on 08/27/2025.

Does the Form 4 report any derivative transactions by Javier Oliván?

No. Table II for derivative securities contains no reported transactions in this filing.
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