Meta director settles RSUs, 22 shares withheld
Meta Platforms, Inc. director Charles Songhurst reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) (Class A) | 110 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 110 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 22 | $639.77 | $14K |
Footnotes (4)
- F1. Represents the number of shares that were acquired in connection with the settlement of the Restricted Stock Units ("RSUs") listed in Table II.
- F2. 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.
- F3. Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
- F4. 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
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What insider transactions did Meta (META) director Charles Songhurst report?
Were any of Charles Songhurst’s Meta (META) transactions open-market stock sales?
What were the terms of the Meta (META) RSUs reported by Charles Songhurst?
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