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

Rhea-AI Filing Summary

Meta Platforms, Inc. (META) – Form 4 insider transaction

Chief Legal Officer Jennifer Newstead disclosed the sale of 519 Class A shares on 07 Jul 2025 at an average price of $721.57 per share, generating proceeds of roughly $374,495. The sale was carried out under a Rule 10b5-1 trading plan adopted on 11 Feb 2025, indicating it was pre-scheduled and not based on current market conditions.

Following the transaction, Newstead’s direct beneficial ownership declined from an estimated 27,626 shares to 27,107 shares, a reduction of about 1.9% of her personal META holdings. No derivative securities were reported, and there were no additional purchases or option exercises.

The filing involves a single, modest sale relative to Meta’s public float and does not indicate any broader strategic shift. For investors, the key takeaways are the limited size of the transaction and its execution under a pre-arranged plan, both of which reduce potential negative signaling effects typically associated with discretionary insider sales.

Positive

• Pre-arranged Rule 10b5-1 plan reduces the risk of opportunistic trading and supports strong compliance practices.

Negative

• Insider share reduction—even if small—can be perceived negatively by some investors focused on insider sentiment.

Insights

Financial Analyst

TL;DR: Small, pre-planned sale—neutral signal.

The 519-share disposal represents less than 2 % of Newstead’s stake and an immaterial fraction of Meta’s 2.6 bn share float. Execution under a Rule 10b5-1 plan diminishes the informational content of the sale, suggesting normal liquidity or diversification rather than concern about valuation. Given the transaction size and context, I view the filing as non-impactful for META’s equity outlook.

Corporate Governance Expert

TL;DR: Compliance-oriented trade; governance intact.

The use of a 10b5-1 plan and prompt Form 4 filing within two days meet best-practice disclosure standards. There is no indication of group filing or indirect ownership structures that could obscure true holdings. The limited scale of the sale and continued sizable ownership (≈$19.6 mn at the transaction price) maintain alignment between the officer and shareholders. Overall governance implication: neutral.

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).

X

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^*

Newstead Jennifer

(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 Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/08/2025

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	07/08/2025		S(1)		519	D	$721.57	27,107	D

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. The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 11, 2025.

	/s/ Erin Guldiken, attorney-in-fact for Jennifer Newstead	07/10/2025
	** 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

How many META shares did Chief Legal Officer Jennifer Newstead sell?

She sold 519 Class A shares.

What was the average sale price for the META shares?

The shares were sold at an average of $721.57 per share.

When did the insider transaction occur?

The transaction date was 07/08/2025.

What is Jennifer Newstead’s remaining META shareholding after the sale?

She now directly owns 27,107 Class A shares.

Was the sale executed under a Rule 10b5-1 trading plan?

Yes, the sale was made under a 10b5-1 plan adopted on 02/11/2025.

Does this Form 4 filing indicate any derivative security transactions?

No derivative securities were reported in the filing.