Meta (NASDAQ: META) director nets RSU shares after tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms, Inc. director Charles Songhurst reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding. He exercised or converted 110 Class A RSU derivatives at $0.0000 per unit, receiving 110 shares of Class A Common Stock.
To cover income tax obligations on this RSU settlement, 22 Class A shares were withheld by Meta at a value of $639.7700 per share, which the footnotes state does not represent a market sale. After these transactions, Songhurst directly owned 663 Class A shares and 1,314 RSUs that continue to vest quarterly in 1/16 increments beginning on May 15, 2025, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
110 shares exercised/converted
Mixed
3 txns
Insider
Songhurst Charles
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) (Class A) | 110 | $0.00 | -- |
| Exercise | Class A Common Stock | 110 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 22 | $639.77 | $14K |
Holdings After Transaction:
Restricted Stock Units (RSU) (Class A) — 1,314 shares (Direct);
Class A Common Stock — 685 shares (Direct)
Footnotes (1)
- Represents the number of shares that were acquired in connection with the settlement of the Restricted Stock Units ("RSUs") listed in Table II. Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs and does not represent a sale. Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement. The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2025, subject to continued service through each vesting date.
FAQ
What insider transactions did Meta (META) director Charles Songhurst report?
Charles Songhurst reported settling 110 Meta RSUs into 110 Class A shares and a related tax-withholding disposition of 22 shares. These transactions reflect routine equity compensation mechanics rather than open-market buying or selling activity.
Were any of Charles Songhurst’s Meta (META) transactions open-market stock sales?
No, the filing specifies that 22 Meta Class A shares were withheld to satisfy income tax obligations from RSU settlement and “does not represent a sale.” This means there was no open-market sell order executed by Songhurst.
What were the terms of the Meta (META) RSUs reported by Charles Songhurst?
Each Meta RSU represents a contingent right to receive one Class A share upon settlement. The RSUs vest quarterly in 1/16 increments starting on May 15, 2025, conditioned on Songhurst’s continued service through each vesting date.