[Form 4] Meta Platforms, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Meta Platforms, Inc. filed a Form 4 for Chief Financial Officer Susan J. Li reporting a charitable transfer of Meta stock. On 11/20/2025, 33,583 shares of Class A Common Stock were transferred at a price of $0 from an indirect holding titled “Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012” and 33,583 shares were recorded as acquired by the Li-Hegeman Family Foundation.

The filing explains that the shares were donated as a gift to the Li-Hegeman Family Foundation, a charitable entity, and that Susan Li does not have a pecuniary interest in the transferred shares. Shares held of record by the Foundation are reported as indirectly owned because she is deemed to have voting and investment power over them, but with no economic interest.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LI SUSAN J

(Last) (First) (Middle)

C/O META PLATFORMS, INC.

1 META WAY

(Street)

MENLO PARK CA 94025

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Meta Platforms, Inc. [ META ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	11/20/2025		G(1)		33,583	D	$0	68,888	I	Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
Class A Common Stock	11/20/2025		G(1)		33,583	A	$0	56,571	I	Li-Hegeman Family Foundation(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of Class A Common Stock that the reporting person donated as a gift to the Li-Hegeman Family Foundation (the "Foundation"), a charitable entity. Following the transfer, the reporting person does not have a pecuniary interest in the transferred shares.

2. Shares held of record by the Foundation. The reporting person is deemed to have voting and investment power over the shares held by the Foundation, but has no pecuniary interest in these shares.

	/s/ Erin Guldiken, attorney-in-fact for Susan J. Li	11/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did META CFO Susan Li report on this Form 4?

The Form 4 reports that 33,583 shares of Meta Class A Common Stock were transferred as a gift from an indirect trust holding to the Li-Hegeman Family Foundation on 11/20/2025 at a price of $0.

Does META CFO Susan Li still have an economic interest in the gifted Meta shares?

The filing states that after the gift to the Li-Hegeman Family Foundation, the reporting person does not have a pecuniary interest in the transferred shares.

Why are Meta shares held by the Li-Hegeman Family Foundation reported as indirectly owned?

Shares held of record by the Foundation are reported because the reporting person is deemed to have voting and investment power over them, even though she has no pecuniary interest in those shares.

What is the relationship of the reporting person to Meta Platforms, Inc. (META)?

The reporting person, Susan J. Li, is identified as an Officer of Meta Platforms, Inc., with the title Chief Financial Officer.

How many Meta shares did the Li-Hegeman Family Foundation hold after the reported transaction?

After the transaction, the Form 4 shows the Li-Hegeman Family Foundation with 56,571 shares of Class A Common Stock reported as indirectly owned.

Was this Meta stock transaction part of a 10b5-1 trading plan?

The form includes a checkbox related to Rule 10b5-1(c), but the detailed excerpt focuses on a gift transaction and does not describe open-market sales or purchases.