Meta Platforms (NASDAQ: META) COO sells 2,163 shares in planned trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms Chief Operating Officer Javier Olivan reported open‑market sales totaling 2,163 shares of Class A Common Stock on July 13, 2026. Most shares were sold at $661.13 per share, with an additional sale at $660.9755 per share.
The transactions were executed under a pre‑arranged Rule 10b5-1 trading plan adopted on November 17, 2025. Sales came from both direct and indirect holdings, including family-related LLCs and a revocable trust. Following these trades, Olivan holds 7,964 shares directly, alongside additional indirect holdings such as 81,517 shares in a family revocable trust.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 2,163 shares ($1,429,787)
Net Sell
5 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
2,163 shs ($1.43M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,534 | $660.9755 | $1.01M |
| Sale | Class A Common Stock | 82 | $661.13 | $54K |
| Sale | Class A Common Stock | 57 | $661.13 | $38K |
| Sale | Class A Common Stock | 82 | $661.13 | $54K |
| Sale | Class A Common Stock | 408 | $661.13 | $270K |
Holdings After Transaction:
Class A Common Stock — 7,964 shares (Direct);
Class A Common Stock — 6,818 shares (Indirect, By Olivan D LLC)
Footnotes (1)
- The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025. 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.
Key Figures
Shares sold: 2,163 shares
Sale price (most transactions): $661.13 per share
Sale price (additional transaction): $660.9755 per share
+3 more
6 metrics
Shares sold
2,163 shares
Total Meta Class A Common Stock sold on July 13, 2026
Sale price (most transactions)
$661.13 per share
Price per share for four open‑market sales of Class A Common Stock
Sale price (additional transaction)
$660.9755 per share
Price per share for one open‑market sale from direct holdings
Direct holdings after sale
7,964 shares
Directly owned Meta Class A shares following the July 13, 2026 transactions
Family trust holdings after sale
81,517 shares
Meta Class A shares held by Olivan Reinhold Family Revocable Trust after the sale
Reinhold D LLC holdings after sale
6,818 shares
Meta Class A shares held by Reinhold D LLC following the reported transaction
Key Terms
Rule 10b5-1 trading plan, Class A Common Stock, Revocable Trust, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sale reported was effected pursuant to a Rule 10b5-1 trading plan..."
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.
Class A Common Stock financial
"security_title: Class A Common Stock for each reported transaction"
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.
Revocable Trust financial
"Olivan Reinhold Family Revocable Trust u/a/d 10/16/12"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
open-market sale financial
"transaction_action: open-market sale of Meta Class A Common Stock"
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.
Co-Trustees financial
"reporting person and his spouse, Co-Trustees of the Olivan Reinhold Family Revocable Trust"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Meta (META) COO Javier Olivan report?
Meta COO Javier Olivan reported open‑market sales of 2,163 Class A shares on July 13, 2026. The sales occurred at prices around $661 per share, reflecting routine portfolio activity rather than any disclosed change in his executive role.