Meta Director Receives 600 Restricted Stock Units in Board Compensation
Meta Platforms (META) director Charles Songhurst received a new equity compensation grant on June 16, 2025.
Rhea-AI Filing Summary
Meta Platforms (META) director Charles Songhurst received a new equity compensation grant on June 16, 2025. The award consists of 600 Restricted Stock Units (RSUs) representing the right to receive an equal number of Class A Common Stock shares.
The RSUs are subject to a specific vesting schedule: 100% vest on May 15, 2026. However, there's an important acceleration provision - if the 2026 Annual Meeting occurs before May 15, 2026, and Songhurst either doesn't stand for re-election or isn't re-elected (but serves until the meeting date), the RSUs will fully vest on the meeting date.
This Form 4 filing, signed by attorney-in-fact Erin Guldiken on June 18, 2025, represents standard board member compensation and aligns the director's interests with shareholders through equity ownership. The RSUs were granted at no cost ($0) to the director.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSU) (Class A) | 600 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
- F2. 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
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