Meta (META) COO Javier Olivan sells 1,555 shares via 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms Chief Operating Officer Javier Olivan reported planned stock sales totaling 1,555 shares of Class A common stock. All transactions occurred on March 2, 2026 as open-market sales at $637.21 per share under a Rule 10b5-1 trading plan adopted on November 17, 2025. The filing shows 926 shares sold from his direct holdings, with additional sales by entities he and/or his spouse manage, including Olivan D LLC, Olivan Reinhold D LLC, Reinhold D LLC, and the Olivan Reinhold Family Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,555 shares ($990,862)
Net Sell
5 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
1,555 shs ($991K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 926 | $637.21 | $590K |
| Sale | Class A Common Stock | 82 | $637.21 | $52K |
| Sale | Class A Common Stock | 57 | $637.21 | $36K |
| Sale | Class A Common Stock | 82 | $637.21 | $52K |
| Sale | Class A Common Stock | 408 | $637.21 | $260K |
Holdings After Transaction:
Class A Common Stock — 16,113 shares (Direct);
Class A Common Stock — 8,376 shares (Indirect, By Olivan D LLC)
Footnotes (1)
- The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025. Shares held of record by the reporting person, manager of Olivan D LLC. Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC. Shares held of record by the reporting person's spouse, manager of Reinhold D LLC. Shares held of record by the reporting person and his spouse, Co-Trustees of the Olivan Reinhold Family Revocable Trust u/a/d 10/16/12.
FAQ
What insider transactions did META COO Javier Olivan report on this Form 4?
Javier Olivan reported selling a total of 1,555 shares of Meta Platforms Class A common stock. The sales included 926 shares from his direct holdings and additional shares through several LLCs and a family trust associated with him and his spouse.
Was Javier Olivan’s META stock sale part of a Rule 10b5-1 trading plan?
Yes, the Form 4 states the sale was effected under a Rule 10b5-1 trading plan. That plan was adopted by Javier Olivan on November 17, 2025, allowing pre-arranged stock sales according to predetermined instructions rather than discretionary market timing.
Do the META insider sales indicate only selling activity by Javier Olivan?
Yes, the Form 4 records only sale transactions coded as “S” for Meta Platforms Class A stock. The transaction summary shows five separate sale entries, no purchases or grants, and a net-sell direction totaling 1,555 shares disposed on March 2, 2026.