Meta (META) COO Javier Olivan sells 5,235 shares in pre-set 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms, Inc. Chief Operating Officer Javier Olivan reported multiple open-market sales of Class A Common Stock totaling 5,235 shares on July 6, 2026. The shares were sold at weighted average prices generally around $600 per share, with individual trade prices ranging from $600.00 to $603.05.
According to a footnote, these sales were effected under a pre-arranged Rule 10b5-1 trading plan adopted on November 17, 2025. Part of the stock was held directly by Olivan, and part through family-related entities, including the Olivan Reinhold Family Revocable Trust and several LLCs where he or his spouse serve as managers or co-trustees. Following the reported transactions, Olivan directly holds 10,770 shares of Meta Class A Common Stock, in addition to indirect holdings through these entities.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,235 shares ($3,145,422)
Net Sell
10 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
5,235 shs ($3.15M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,076 | $600.4033 | $1.25M |
| Sale | Class A Common Stock | 816 | $601.4454 | $491K |
| Sale | Class A Common Stock | 376 | $602.6284 | $227K |
| Sale | Class A Common Stock | 80 | $603.14 | $48K |
| Sale | Class A Common Stock | 246 | $600.00 | $148K |
| Sale | Class A Common Stock | 171 | $600.00 | $103K |
| Sale | Class A Common Stock | 246 | $600.00 | $148K |
| Sale | Class A Common Stock | 736 | $600.3189 | $442K |
| Sale | Class A Common Stock | 314 | $601.4428 | $189K |
| Sale | Class A Common Stock | 174 | $602.7466 | $105K |
Holdings After Transaction:
Class A Common Stock — 10,770 shares (Direct, null);
Class A Common Stock — 6,900 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.00 to $600.98 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.04 to $601.94 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $602.08 to $602.95 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.00 to $600.94 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.09 to $601.91 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $602.28 to $603.05 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 5,235 shares
Price range: $600.00–$603.05 per share
Direct holdings after sales: 10,770 shares
+4 more
7 metrics
Shares sold
5,235 shares
Total Class A shares sold on July 6, 2026
Price range
$600.00–$603.05 per share
Range of individual trade prices across reported sales
Direct holdings after sales
10,770 shares
Meta Class A shares held directly by Olivan after transactions
Trust holdings after sales
81,925 shares
Shares held by Olivan Reinhold Family Revocable Trust after one reported sale
Reinhold D LLC holdings
6,900 shares
Shares held by Reinhold D LLC after the reported sale
Olivan Reinhold D LLC holdings
1,802 shares
Shares held by Olivan Reinhold D LLC after the reported sale
Olivan D LLC holdings
6,900 shares
Shares held by Olivan D LLC after the reported sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Class A Common Stock, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025."
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.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.
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.
indirect ownership financial
"ownership_type": "indirect""
FAQ
Were Javier Olivan’s Meta (META) stock sales under a Rule 10b5-1 plan?
Yes. A footnote states the sales were made under a Rule 10b5-1 trading plan adopted by Javier Olivan on November 17, 2025. Such plans allow insiders to schedule trades in advance, helping separate personal trading from day-to-day market decisions.
What type of transactions are disclosed in Javier Olivan’s Meta (META) Form 4?
All reported transactions are open-market sales of Meta Class A Common Stock, coded “S” on the Form 4. They are non-derivative trades, with no option exercises or derivative conversions disclosed in the provided transaction and derivative summaries.