Meta Platforms (NASDAQ: META) legal chief sells 519 shares under 10b5-1 plan
Rhea-AI Filing Summary
Meta Platforms chief legal officer Jennifer Newstead reported a small insider stock sale. On 12/09/2025, she sold 519 shares of Meta Platforms Class A common stock at a price of $664.16 per share. The filing shows that, after this transaction, she beneficially owned 30,215 shares directly.
The transaction was executed under a Rule 10b5-1 trading plan that Newstead adopted on February 11, 2025, indicating it was made pursuant to a pre-established framework rather than a discretionary trade at the time of sale.
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FAQ
What insider transaction did META report for its chief legal officer?
The report shows that Jennifer Newstead, Meta Platforms' Chief Legal Officer, sold 519 shares of Class A common stock on 12/09/2025 at a price of $664.16 per share.
How many META shares does Jennifer Newstead own after this transaction?
After the reported sale, Jennifer Newstead beneficially owned 30,215 shares of Meta Platforms Class A common stock in direct ownership.
Was the META insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Jennifer Newstead on February 11, 2025.
What is the role of the reporting person in this META filing?
The reporting person, Jennifer Newstead, is identified as an officer of Meta Platforms, serving as the company’s Chief Legal Officer.
Is this META insider transaction filed by one or multiple reporting persons?
The document indicates that the Form 4 was filed by one reporting person, referring solely to Jennifer Newstead.
What type of META security was involved in this insider sale?
The transaction involved Class A common stock of Meta Platforms, Inc., with 519 shares sold in the reported trade.