Meta product chief sells 20,000 shares
Rhea-AI Filing Summary
Meta Platforms, Inc. (META) reported that Chief Product Officer Christopher K. Cox, through The Christopher K. Cox Revocable Trust, sold a total of 20,000 shares of Class A Common Stock on September 9, 2026 in open-market transactions under a Rule 10b5-1 trading plan.
The trust sold 18,578 shares at a weighted-average price of $650.21 per share (with individual trades between $650.00 and $650.93) and 1,422 shares at a weighted-average price of $651.15 (with trades between $651.015 and $651.26). A separate entry reports 55,046 shares of Class A Common Stock held indirectly by the Cox-Vadakan Irrevocable Remainder Trust.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares
Net Sell
3 txns
Insider
Cox Christopher K
Role
Chief Product Officer
Sold
20,000 shs ($13.01M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 18,578 | $650.2121 | $12.08M |
| Sale | Class A Common Stock F1, F4, F3 | 1,422 | $651.1496 | $926K |
| holding | Class A Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 244,516 shares (Indirect, Christopher K. Cox Revocable Trust);
Class A Common Stock — 55,046 shares (Indirect, Cox-Vadakan Irrevocable Remainder Trust)
Footnotes (5)
- F1. The sales reported were effected pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on May 19, 2026.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $650.00 to $650.93 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.
- F3. Shares held of record by Christopher K. Cox, Trustee of The Christopher K. Cox Revocable Trust.
- F4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $651.015 to $651.26 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.
- F5. Shares held of record by Christopher K. Cox and Visra Vichit-Vadakan, Co-Trustees of The Cox-Vadakan Irrevocable Remainder Trust.
Key Figures
Shares sold (total): 20,000 shares
First sale size: 18,578 shares
First sale weighted-average price: $650.21 per share
+4 more
7 metrics
Shares sold (total)
20,000 shares
Class A Common Stock sold indirectly on September 9, 2026
First sale size
18,578 shares
Sold by The Christopher K. Cox Revocable Trust on September 9, 2026
First sale weighted-average price
$650.21 per share
With prices ranging from $650.00 to $650.93
Second sale size
1,422 shares
Sold by The Christopher K. Cox Revocable Trust on September 9, 2026
Second sale weighted-average price
$651.15 per share
With prices ranging from $651.015 to $651.26
Shares held by Cox-Vadakan Irrevocable Remainder Trust
55,046 shares
Indirect holding of Class A Common Stock reported in the Form 4
Rule 10b5-1 plan adoption date
May 19, 2026
Trading plan under which the reported sales were effected
Key Terms
Rule 10b5-1 trading plan, weighted average price, Revocable Trust, Irrevocable Remainder Trust
4 terms
Rule 10b5-1 trading plan regulatory
"sales reported were effected pursuant to the 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.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
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.
Revocable Trust financial
"Shares held of record by Christopher K. Cox, Trustee of The Christopher K. Cox Revocable Trust."
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.
Irrevocable Remainder Trust financial
"Co-Trustees of The Cox-Vadakan Irrevocable Remainder Trust."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did META executive Christopher K. Cox report in this Form 4?
He reported that a revocable trust associated with him sold 20,000 shares of Meta Platforms Class A Common Stock on September 9, 2026 in open-market transactions under a Rule 10b5-1 trading plan.
Are the META sales attributed directly to Christopher K. Cox personally?
The sales are attributed to shares held of record by The Christopher K. Cox Revocable Trust, where he is trustee. The Form 4 reports the transactions as indirect ownership rather than direct personal holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
