Meta (NASDAQ: META) officer Powell settles RSUs, withholds shares for tax
Rhea-AI Filing Summary
Meta Platforms, Inc. (META) reported that officer Dina H. Powell had Restricted Stock Units (RSUs) settle into Class A Common Stock on August 15, 2026. RSUs covering 2,024 and 5,708 shares were converted into an aggregate 7,732 shares of Class A Common Stock. Of these, 3,518 shares at $589.85 per share were withheld by Meta to satisfy income tax withholding and remittance obligations in connection with the net settlement of the RSUs and are expressly described as not representing a sale. Footnotes state that one RSU award vests quarterly as to 1/16 of the total beginning February 15, 2026, and another vests 1/12 on May 15, 2026, then 1/16 quarterly thereafter, with final installments scheduled through February 15, 2030, in each case subject to continued service.
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) (Class A) F2, F3 | 2,024 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) (Class A) F2, F4 | 5,708 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,024 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 5,708 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F1 | 3,518 | $589.85 | $2.08M |
Footnotes (4)
- F1. Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Restricted Stock Units ("RSUs") and does not represent a sale.
- F2. Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
- F3. The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on February 15, 2026, subject to continued service through each vesting date.
- F4. The RSUs vest as to 1/12th of the total RSUs on May 15, 2026, and then 1/16th of the total RSUs vest quarterly thereafter, not to exceed 14 quarterly installments, with the final 2/48ths of the total RSUs vesting on February 15, 2030, subject to continued service through each vesting date.
Key Figures
Key Terms
Restricted Stock Units (RSUs) financial
net settlement financial
contingent right financial
vesting financial
income tax withholding and remittance obligations financial
FAQ
What insider equity transactions did META officer Dina H. Powell report on August 15, 2026?
Does Dina H. Powell’s META Form 4 indicate any open-market stock sales or purchases?
How does each RSU in Dina H. Powell’s META awards convert into stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.