Meta Platforms (META) COO Javier Olivan sells 1,398 shares in plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms, Inc. Chief Operating Officer Javier Olivan reported open-market sales of a total of 1,398 shares of Class A Common Stock on June 15, 2026 at $600.00 per share. The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 17, 2025.
The sales were spread across indirect holdings in family-related entities and direct ownership. Following these trades, reported positions included 83,149 shares held by the Olivan Reinhold Family Revocable Trust and 12,846 shares held directly, with additional shares remaining in other family LLCs.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,398 shares ($838,800)
Net Sell
5 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
1,398 shs ($839K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 140 | $600.00 | $84K |
| Sale | Class A Common Stock | 164 | $600.00 | $98K |
| Sale | Class A Common Stock | 114 | $600.00 | $68K |
| Sale | Class A Common Stock | 164 | $600.00 | $98K |
| Sale | Class A Common Stock | 816 | $600.00 | $490K |
Holdings After Transaction:
Class A Common Stock — 12,846 shares (Direct, null);
Class A Common Stock — 7,146 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.
Key Figures
Shares sold: 1,398 shares
Sale price: $600.00 per share
Trust holdings after sale: 83,149 shares
+4 more
7 metrics
Shares sold
1,398 shares
Total Meta Class A Common Stock sold on June 15, 2026
Sale price
$600.00 per share
Open-market sale price for all reported transactions
Trust holdings after sale
83,149 shares
Olivan Reinhold Family Revocable Trust balance after transactions
Direct holdings after sale
12,846 shares
Directly held Meta Class A Common Stock after transactions
Reinhold D LLC holdings
7,146 shares
Shares held by Reinhold D LLC following the sale
Olivan Reinhold D LLC holdings
1,973 shares
Shares held by Olivan Reinhold D LLC after the sale
Net share change
-1,398 shares
Net selling across all reported transactions
Key Terms
Rule 10b5-1 trading plan, open-market sale, Class A Common Stock, indirect ownership, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: "open-market sale" and description: "Sale in open market or private transaction""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title: "Class A Common Stock" for all reported transactions"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
indirect ownership financial
"ownership_type: "indirect" with nature_of_ownership referencing family trusts and LLCs"
Co-Trustees financial
"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 transaction did Meta (META) COO Javier Olivan report?
Javier Olivan reported selling 1,398 Meta Class A Common Stock shares in open-market transactions at $600.00 per share. These sales occurred on June 15, 2026 and were made through a mix of family-related entities and his direct holdings.
Are Javier Olivan’s Meta (META) sales mainly direct or through entities?
The reported sales involve both direct and indirect holdings. Portions were sold from family-related LLCs and a revocable trust, while 140 shares were sold from his directly held Meta Class A Common Stock position, which still held 12,846 shares afterward.