Meta Platforms Strengthens Board Retention with $200K+ Stock Award to Director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms (META) Director Tracey T. Travis received a grant of 600 Restricted Stock Units (RSUs) on June 16, 2025. Each RSU represents the right to receive one share of Meta's Class A Common Stock.
The RSUs are scheduled to vest under the following conditions:
- 100% vesting on May 15, 2026
- Accelerated vesting if the 2026 Annual Meeting occurs before May 15, 2026, and Travis either doesn't stand for re-election or isn't re-elected (provided they serve until the meeting date)
The RSUs were granted at $0 cost and represent a form of director compensation. The transaction was reported through Form 4 filed on June 28, 2025, with the filing executed by attorney-in-fact Erin Guldiken on Travis's behalf.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Travis Tracey Thomas
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSU) (Class A) | 600 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSU) (Class A) — 600 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement. The RSUs vest as to 100% of the total RSUs on May 15, 2026; provided, however, in the event that (i) the Issuer's 2026 Annual Meeting of Shareholders is held prior to May 15, 2026; and (ii) the reporting person does not stand for re-election at, or is not re-elected at, the 2026 Annual Meeting of Shareholders (but the reporting person continues to serve on the Board until the date of such meeting), then 100% of the total RSUs shall vest on the date of the 2026 Annual Meeting of Shareholders.
FAQ
How many META RSUs did Director Tracey Travis receive in June 2025?
According to the Form 4 filing, Director Tracey Travis received 600 Restricted Stock Units (RSUs) of META's Class A Common Stock on June 16, 2025.
When do Tracey Travis's META RSUs vest?
The RSUs vest 100% on May 15, 2026. However, if META's 2026 Annual Meeting occurs before May 15, 2026, and Travis doesn't stand for re-election or isn't re-elected (but serves until the meeting), the RSUs will vest on the date of the 2026 Annual Meeting.
What is the exercise price of META RSUs granted to Tracey Travis?
The RSUs were granted at $0 exercise price. Each RSU represents a contingent right to receive 1 share of META's Class A Common Stock upon settlement.
What position does Tracey Travis hold at META?
According to the Form 4 filing, Tracey Travis serves as a Director on META's Board of Directors, as indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.