Meta Platforms (NASDAQ: META) director sells 500 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms, Inc. director Robert M. Kimmitt reported an open-market sale of 500 shares of Class A Common Stock at an average price of $607.75 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Following the sale, he directly holds 3,443 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 500 shares ($303,875)
Net Sell
1 txn
Insider
KIMMITT ROBERT M
Role
null
Sold
500 shs ($304K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 500 | $607.75 | $304K |
Holdings After Transaction:
Class A Common Stock — 3,443 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 500 shares
Sale price: $607.75 per share
Shares held after sale: 3,443 shares
3 metrics
Shares sold
500 shares
Class A Common Stock sold in open-market transaction
Sale price
$607.75 per share
Average price for the 500 shares sold
Shares held after sale
3,443 shares
Direct holdings following the reported transaction
Key Terms
Class A Common Stock, open-market sale, Rule 10b5-1 trading plan
3 terms
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 sale financial
"transaction_action: "open-market sale""
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.
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.
FAQ
What insider transaction did Meta (META) director Robert M. Kimmitt report?
Robert M. Kimmitt reported selling 500 shares of Meta Class A Common Stock. The shares were sold in an open-market transaction at an average price of $607.75 per share, as disclosed in the Form 4 insider filing for this transaction.
Was the Meta (META) insider sale made under a Rule 10b5-1 trading plan?
Yes, the sale was made under a Rule 10b5-1 trading plan. The footnote specifies the transaction was effected pursuant to a pre-arranged plan adopted by the reporting person on February 25, 2026, indicating a scheduled, pre-planned sale process.
Who is the insider involved in the Meta (META) Form 4 transaction and what is their role?
The insider is Robert M. Kimmitt, identified as a director of Meta Platforms, Inc. He is not listed as an officer or 10% owner in the filing, and the reported transaction involves his direct holdings of Class A Common Stock.