Meta (NASDAQ: META) COO Olivan sells 1,555 shares under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms COO Javier Olivan reported open-market sales of a total of 1,555 shares of Class A common stock on March 16, 2026 at $632.02 per share. The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 17, 2025.
After the sales, he holds 14,261 shares directly and continues to hold additional Meta shares indirectly through entities including Olivan D LLC, Olivan Reinhold D LLC, Reinhold D LLC, and the Olivan Reinhold Family Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,555 shares ($982,791)
Net Sell
5 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
1,555 shs ($983K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 926 | $632.02 | $585K |
| Sale | Class A Common Stock | 82 | $632.02 | $52K |
| Sale | Class A Common Stock | 57 | $632.02 | $36K |
| Sale | Class A Common Stock | 82 | $632.02 | $52K |
| Sale | Class A Common Stock | 408 | $632.02 | $258K |
Holdings After Transaction:
Class A Common Stock — 14,261 shares (Direct);
Class A Common Stock — 8,212 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 did Meta (META) COO Javier Olivan report in this Form 4?
Javier Olivan reported selling Meta Class A common stock in several open-market transactions. The filing shows these trades were executed under a pre-arranged Rule 10b5-1 trading plan and include both his direct holdings and shares held through related entities and a family trust.
Were Javier Olivan’s Meta (META) stock sales under a Rule 10b5-1 plan?
Yes. A footnote states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025. Such plans pre-schedule trades, indicating these transactions were arranged in advance rather than timed discretionarily around short-term company developments.
Are Javier Olivan’s Meta (META) transactions in this Form 4 option exercises?
No. All reported transactions involve non-derivative Class A common stock coded as “S” for sales. The derivativeSummary section is empty and the transactionSummary shows no exercises, gifts, tax withholdings, or derivative transactions associated with these sales.