Meta (META) COO Javier Olivan sells 1,555 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms, Inc.’s Chief Operating Officer Javier Olivan reported open-market sales of a total of 1,555 shares of Class A common stock on March 9, 2026 at a price of $634.94 per share. The filing shows sales from both his directly held shares and from entities associated with him and his spouse, including several LLCs and a family trust.
The transaction was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on November 17, 2025, indicating the sales were scheduled in advance rather than timed discretionarily. Following the sales, Olivan continues to hold Meta shares directly and indirectly through these related entities.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,555 shares ($987,332)
Net Sell
5 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
1,555 shs ($987K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 926 | $634.94 | $588K |
| Sale | Class A Common Stock | 82 | $634.94 | $52K |
| Sale | Class A Common Stock | 57 | $634.94 | $36K |
| Sale | Class A Common Stock | 82 | $634.94 | $52K |
| Sale | Class A Common Stock | 408 | $634.94 | $259K |
Holdings After Transaction:
Class A Common Stock — 15,187 shares (Direct);
Class A Common Stock — 8,294 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.
FAQ
What insider transaction did Meta (META) COO Javier Olivan report?
Javier Olivan reported selling 1,555 shares of Meta Class A common stock. The sales occurred in open-market transactions on March 9, 2026 at $634.94 per share, across both his directly held shares and several related entities.
Were Javier Olivan’s Meta (META) stock sales made under a 10b5-1 plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on November 17, 2025. Such plans pre-schedule trades, indicating these sales were planned in advance rather than timed in reaction to short-term market developments.