Were Javier Olivan’s Meta (META) share sales pre-planned under a 10b5-1 plan?

Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted on November 17, 2025 . Such plans pre-schedule trades, meaning the timing of these April 20, 2026 sales was determined in advance rather than decided opportunistically.

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

Q: What insider transaction did Meta (META) report for COO Javier Olivan?

Meta reported that COO Javier Olivan sold a total of 1,555 shares of Class A Common Stock on April 20, 2026 at $680.09 per share. The sales occurred across direct and indirect holdings, including LLCs and a family trust.

Q: What indirect Meta (META) holdings are associated with Javier Olivan after the sale?

Indirect holdings include 86,413 shares in the Olivan Reinhold Family Revocable Trust, 7,802 shares in Reinhold D LLC, 2,429 shares in Olivan Reinhold D LLC, and 7,802 shares in Olivan D LLC. These positions are held through trusts and LLCs linked to Olivan and his spouse.

Q: At what price did Javier Olivan’s Meta (META) shares sell in this Form 4 filing?

Each reported transaction lists a sale price of $680.09 per share for Meta Class A Common Stock. All five open-market sales on April 20, 2026 used this same per-share price in the Form 4 insider trading disclosure.

Q: What type of transaction code appears in Javier Olivan’s Meta (META) Form 4?

All reported entries use transaction code “S” , described as a sale in open market or private transaction . The filing labels these as non-derivative transactions involving Class A Common Stock rather than option exercises or other derivative-related events.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Meta Platforms, Inc. Chief Operating Officer Javier Olivan reported open-market sales of a total of 1,555 shares of Class A Common Stock on April 20, 2026, at a price of $680.09 per share. The transactions were executed through a mix of direct and indirect holdings, including LLCs and a family trust.

After these sales, Olivan holds 9,631 shares directly and continues to hold substantial indirect positions, including 86,413 shares in the Olivan Reinhold Family Revocable Trust, as well as stakes such as 7,802 shares in Reinhold D LLC and 2,429 shares in Olivan Reinhold D LLC. The filing notes that the sales were effected under a Rule 10b5-1 trading plan adopted in November 2025, indicating they were pre-scheduled rather than discretionary trades.

Insider Trade Summary 10b5-1

Net Seller: 1,555 shares ($1,057,540)

Net Sell 5 txns

Insider Olivan Javier

Role Chief Operating Officer

Sold 1,555 shs ($1.06M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	926	$680.09	$630K
Sale	Class A Common Stock	82	$680.09	$56K
Sale	Class A Common Stock	57	$680.09	$39K
Sale	Class A Common Stock	82	$680.09	$56K
Sale	Class A Common Stock	408	$680.09	$277K

Holdings After Transaction: Class A Common Stock — 9,631 shares (Direct, null); Class A Common Stock — 7,802 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.

Key Figures

Shares sold: 1,555 shares Sale price: $680.09 per share Direct holdings after sale: 9,631 shares +3 more

6 metrics

Shares sold 1,555 shares Total Class A Common Stock sold on April 20, 2026

Sale price $680.09 per share Price for each reported open-market sale

Direct holdings after sale 9,631 shares Direct Meta Class A shares following transactions

Family trust holdings 86,413 shares Olivan Reinhold Family Revocable Trust after sale

Reinhold D LLC holdings 7,802 shares Indirect holdings by Reinhold D LLC after sale

Olivan Reinhold D LLC holdings 2,429 shares Indirect holdings by Olivan Reinhold D LLC after sale

Key Terms

Rule 10b5-1 trading plan, Class A Common Stock, open-market sale, indirect ownership, +1 more

5 terms

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.

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.

indirect ownership financial

"ownership_type: indirect and nature_of_ownership describing LLCs and trust"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

04/22/2026 - 06:31 PM

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Olivan Javier

(Last)

(First)

(Middle)

C/O META PLATFORMS, INC.

1 META WAY

(Street)

MENLO PARK

CALIFORNIA

94025

(City)

(State)

(Zip)

UNITED STATES

(Country)

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 Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/20/2026		S⁽¹⁾		926	D	$680.09	9,631	D
Class A Common Stock	04/20/2026		S⁽¹⁾		82	D	$680.09	7,802	I	By Olivan D LLC⁽²⁾
Class A Common Stock	04/20/2026		S⁽¹⁾		57	D	$680.09	2,429	I	By Olivan Reinhold D LLC⁽³⁾
Class A Common Stock	04/20/2026		S⁽¹⁾		82	D	$680.09	7,802	I	By Reinhold D LLC⁽⁴⁾
Class A Common Stock	04/20/2026		S⁽¹⁾		408	D	$680.09	86,413	I	By Olivan Reinhold Family Revocable Trust u/a/d 10/16/12⁽⁵⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025.

2. Shares held of record by the reporting person, manager of Olivan D LLC.

3. Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.

4. Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.

5. 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.

	/s/ Erin Guldiken, attorney-in-fact for Javier Olivan	04/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Meta (META) report for COO Javier Olivan?

Meta reported that COO Javier Olivan sold a total of 1,555 shares of Class A Common Stock on April 20, 2026 at $680.09 per share. The sales occurred across direct and indirect holdings, including LLCs and a family trust.

How many Meta (META) shares does Javier Olivan hold directly after the reported sale?

Following the reported transactions, Javier Olivan directly holds 9,631 shares of Meta Class A Common Stock. This direct position is separate from his additional indirect holdings through entities such as LLCs and a family revocable trust described in the filing.

What indirect Meta (META) holdings are associated with Javier Olivan after the sale?

Indirect holdings include 86,413 shares in the Olivan Reinhold Family Revocable Trust, 7,802 shares in Reinhold D LLC, 2,429 shares in Olivan Reinhold D LLC, and 7,802 shares in Olivan D LLC. These positions are held through trusts and LLCs linked to Olivan and his spouse.

At what price did Javier Olivan’s Meta (META) shares sell in this Form 4 filing?

Each reported transaction lists a sale price of $680.09 per share for Meta Class A Common Stock. All five open-market sales on April 20, 2026 used this same per-share price in the Form 4 insider trading disclosure.

What type of transaction code appears in Javier Olivan’s Meta (META) Form 4?

All reported entries use transaction code “S”, described as a sale in open market or private transaction. The filing labels these as non-derivative transactions involving Class A Common Stock rather than option exercises or other derivative-related events.