Meta Board Member Gets $200K+ Stock Package with Unique Vesting Terms

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Form Type

Rhea-AI Filing Summary

Meta Platforms (META) director John Elkann received a new equity compensation grant on June 16, 2025, consisting of 600 Restricted Stock Units (RSUs) of Class A Common Stock. The RSUs represent a significant component of director compensation and align the director's interests with shareholders.

Key terms of the RSU grant:

Full vesting occurs on May 15, 2026, approximately one year from grant
Special vesting provision: If the 2026 Annual Meeting occurs before May 15, 2026, and Elkann doesn't stand for re-election or isn't re-elected (but serves until the meeting), RSUs vest on the meeting date
Each RSU converts to one share of META Class A Common Stock upon settlement
Grant price was $0, as typical for RSU awards

This Form 4 filing was submitted by attorney-in-fact Erin Guldiken on June 18, 2025, within the required two-business-day reporting window for insider transactions.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Elkann John

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units (RSU) (Class A)	600	$0.00	--

Holdings After Transaction: Restricted Stock Units (RSU) (Class A) — 600 shares (Direct)

Footnotes (1)

Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement. 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.

Form 4 Insider Transactions: What Each Field Means →

06/18/2025 - 08:26 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Elkann John

(Last)

(First)

(Middle)

C/O META PLATFORMS, INC.

1 META WAY

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Meta Platforms, Inc. [ META ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (RSU) (Class A)	⁽¹⁾	06/16/2025		A		600		⁽²⁾	⁽²⁾	Class A Common Stock	600	$0	600	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.

2. 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.

	/s/ Erin Guldiken, attorney-in-fact for John Elkann	06/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

How many META Restricted Stock Units (RSUs) did director John Elkann receive on June 16, 2025?

According to the Form 4 filing, META director John Elkann received 600 Restricted Stock Units (RSUs) on June 16, 2025. Each RSU represents a contingent right to receive 1 share of META's Class A Common Stock upon settlement.

When do John Elkann's META RSUs vest?

The RSUs vest 100% on May 15, 2026. However, if META's 2026 Annual Meeting occurs before May 15, 2026, and Elkann doesn't stand for re-election or isn't re-elected (but serves until the meeting date), the RSUs will vest on the date of the 2026 Annual Meeting.

What was the purchase price of META RSUs granted to John Elkann?

According to the Form 4 filing, the Restricted Stock Units were granted at a price of $0, as indicated in column 8 of Table II in the filing.

What position does John Elkann hold at META?

The Form 4 filing indicates that John Elkann serves as a Director of Meta Platforms, Inc. (META), as shown by the 'X' marked in the Director box under Section 5 of the form.