Meta Platforms (META) director sells 500 shares in Rule 10b5-1 trade
Rhea-AI Filing Summary
Meta Platforms, Inc. director Robert M. Kimmitt sold 500 shares of Class A Common Stock on August 3, 2026 at an average price of $561.56 per share. Following this sale, he holds 2,943 shares directly. The transaction was executed under a Rule 10b5-1 trading plan adopted on February 25, 2026.
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Insider Trade Summary 10b5-1
Net Seller: 500 shares
Net Sell
1 txn
Insider
KIMMITT ROBERT M
Role
Director
Sold
500 shs ($281K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 500 | $561.56 | $281K |
Holdings After Transaction:
Class A Common Stock — 2,943 shares (Direct)
Footnotes (1)
- F1. The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 25, 2026.
Key Figures
Shares sold: 500 shares
Sale price: $561.56 per share
Shares held after sale: 2,943 shares
+1 more
4 metrics
Shares sold
500 shares
Class A Common Stock sold on August 3, 2026
Sale price
$561.56 per share
Average price for the 500 shares sold
Shares held after sale
2,943 shares
Direct holdings of Robert M. Kimmitt following the transaction
Rule 10b5-1 plan adoption date
February 25, 2026
Adoption date of trading plan governing the reported sale
Key Terms
Rule 10b5-1 trading plan, Class A Common Stock, open market or private transaction
3 terms
Rule 10b5-1 trading plan financial
"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""
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 or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did META director Robert M. Kimmitt report?
Robert M. Kimmitt reported selling 500 shares of Meta Platforms Class A Common Stock. The sale occurred on August 3, 2026 at an average price of $561.56 per share, and was executed under a Rule 10b5-1 trading plan.
Was Robert M. Kimmitt’s META stock sale under a Rule 10b5-1 plan?
Yes, the META stock sale was executed under a Rule 10b5-1 trading plan. The plan was adopted by Robert M. Kimmitt on February 25, 2026, and governed the August 3, 2026 sale of 500 shares.
What role does Robert M. Kimmitt hold at META in this insider report?
In this insider report, Robert M. Kimmitt is identified as a director of Meta Platforms, Inc. He reported a sale of 500 shares of Class A Common Stock, leaving him with 2,943 shares held directly after the transaction.