Meta (NASDAQ: META) COO sells 4,665 shares under 10b5-1 trading plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms, Inc. Chief Operating Officer Javier Olivan reported open-market sales of 4,665 shares of Class A Common Stock on April 13, 2026, carried out under a pre-arranged Rule 10b5-1 trading plan adopted on November 17, 2025.
The shares were sold at weighted average prices within ranges generally between $625.73 and $634.96 per share across multiple trades. Following these transactions, Olivan holds 10,557 shares directly and continues to have additional indirect holdings through several LLCs and a family revocable trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,665 shares ($2,936,559)
Net Sell
20 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
4,665 shs ($2.94M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 513 | $626.2352 | $321K |
| Sale | Class A Common Stock | 647 | $627.4862 | $406K |
| Sale | Class A Common Stock | 142 | $628.4125 | $89K |
| Sale | Class A Common Stock | 516 | $629.6809 | $325K |
| Sale | Class A Common Stock | 183 | $630.5391 | $115K |
| Sale | Class A Common Stock | 181 | $631.531 | $114K |
| Sale | Class A Common Stock | 281 | $632.559 | $178K |
| Sale | Class A Common Stock | 159 | $633.664 | $101K |
| Sale | Class A Common Stock | 156 | $634.6768 | $99K |
| Sale | Class A Common Stock | 246 | $629.53 | $155K |
| Sale | Class A Common Stock | 171 | $629.53 | $108K |
| Sale | Class A Common Stock | 246 | $629.53 | $155K |
| Sale | Class A Common Stock | 244 | $626.2567 | $153K |
| Sale | Class A Common Stock | 188 | $627.5004 | $118K |
| Sale | Class A Common Stock | 168 | $628.7609 | $106K |
| Sale | Class A Common Stock | 203 | $629.8729 | $128K |
| Sale | Class A Common Stock | 122 | $630.9149 | $77K |
| Sale | Class A Common Stock | 150 | $632.424 | $95K |
| Sale | Class A Common Stock | 60 | $633.29 | $38K |
| Sale | Class A Common Stock | 89 | $634.5661 | $56K |
Holdings After Transaction:
Class A Common Stock — 12,822 shares (Direct);
Class A Common Stock — 7,884 shares (Indirect, By Olivan D LLC)
Footnotes (1)
- The sales reported were 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 $625.83 to $626.71 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 $626.99 to $627.94 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 $628.05 to $628.70 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 $629.10 to $630.07 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 $630.10 to $631.02 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 $631.10 to $632.02 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 $632.29 to $632.84 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 $633.43 to $633.96 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 $634.53 to $634.87 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 $625.73 to $626.66 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 $626.80 to $627.70 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 $628.50 to $629.15 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 $629.57 to $630.38 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 $630.58 to $631.55 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 $632.16 to $632.93 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 $633.20 to $633.38 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 $634.27 to $634.96 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: 4,665 shares
Price range of sales: $625.73–$634.96 per share
Direct holdings after transactions: 10,557 shares
+5 more
8 metrics
Shares sold
4,665 shares
Total Class A Common Stock sold on April 13, 2026
Price range of sales
$625.73–$634.96 per share
Underlying trade ranges from weighted-average price footnotes
Direct holdings after transactions
10,557 shares
Direct Meta Class A Common Stock held by Javier Olivan post-sale
Trust holdings after transactions
86,821 shares
Olivan Reinhold Family Revocable Trust u/a/d 10/16/12 post-sale balance
Olivan D LLC holdings after sale
7,884 shares
Shares held of record by Olivan D LLC after reported sale
Olivan Reinhold D LLC holdings after sale
2,486 shares
Shares held of record by Olivan Reinhold D LLC after reported sale
Rule 10b5-1 plan adoption date
November 17, 2025
Date Javier Olivan adopted the trading plan used for these sales
Number of sale transactions
20 transactions
Count of reported non-derivative sale entries in the Form 4
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A Common Stock, Co-Trustees, +2 more
6 terms
Rule 10b5-1 trading plan regulatory
"The sales reported were 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. These shares were sold in multiple transactions..."
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.
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.
Co-Trustees other
"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."
Revocable Trust other
"Olivan Reinhold Family Revocable Trust u/a/d 10/16/12."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
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.
FAQ
What did Meta (META) COO Javier Olivan report in this Form 4 filing?
Javier Olivan reported selling 4,665 shares of Meta Class A Common Stock in open-market transactions. The trades occurred on April 13, 2026 under a pre-arranged Rule 10b5-1 trading plan, documenting planned share dispositions by the company’s Chief Operating Officer.