Meta (META) COO Javier Olivan sells 1,555 shares in Rule 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms Chief Operating Officer Javier Olivan reported open-market sales of 1,555 shares of Class A common stock on March 23, 2026 at $605.38 per share, executed under a previously adopted Rule 10b5-1 trading plan.
The transactions included 926 shares sold from his directly held stake, plus additional sales from indirect holdings through Olivan D LLC, Olivan Reinhold D LLC, Reinhold D LLC, and the Olivan Reinhold Family Revocable Trust. Following these sales, he continues to hold 13,335 shares directly, with further indirect ownership of 8,130 shares by Olivan D LLC, 2,657 shares by Olivan Reinhold D LLC, 8,130 shares by Reinhold D LLC, and 88,045 shares by the family revocable trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,555 shares ($941,366)
Net Sell
5 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
1,555 shs ($941K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 926 | $605.38 | $561K |
| Sale | Class A Common Stock | 82 | $605.38 | $50K |
| Sale | Class A Common Stock | 57 | $605.38 | $35K |
| Sale | Class A Common Stock | 82 | $605.38 | $50K |
| Sale | Class A Common Stock | 408 | $605.38 | $247K |
Holdings After Transaction:
Class A Common Stock — 13,335 shares (Direct);
Class A Common Stock — 8,130 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 did Meta (META) COO Javier Olivan report in this Form 4?
Meta COO Javier Olivan reported open-market sales of 1,555 shares of Class A common stock at $605.38 per share on March 23, 2026. The sales involved both directly held shares and indirect holdings through several family-related entities and a revocable trust.
What role does Javier Olivan hold at Meta (META)?
Javier Olivan is Meta Platforms’ Chief Operating Officer. His Form 4 filing reflects transactions in Meta Class A common stock by him and related entities, providing transparency into insider trading activity connected to a key executive responsible for major operational functions.