Javier Olivan Files Form 4: 517 META Shares Sold Under 10b5-1 Plan

Rhea-AI Filing Summary

Meta Platforms insider sale and holdings summary: Javier Olivan, Meta Platforms, Inc. Chief Operating Officer, reported a sale of 517 shares of Class A common stock on 09/22/2025 at a price of $781.33 per share. The sale was executed under a Rule 10b5-1 trading plan adopted on 08/17/2024. Following the reported transaction, Olivan directly beneficially owns 10,543 Class A shares and holds additional indirect interests through entities and trust totaling 110,736 Class A shares (8,622; 2,999; 8,622; 90,493 as listed). The form is signed by an attorney-in-fact on 09/24/2025.

Positive

• Sale executed under a documented Rule 10b5-1 plan, indicating pre-specified trading terms
• Detailed disclosure of indirect holdings via LLCs and a family trust provides transparency
• Form filed and signed (attorney-in-fact signature dated 09/24/2025), meeting Section 16 reporting requirements

Negative

• None material disclosed—the reported sale size (517 shares) is small relative to total beneficial holdings

Insights

Securities Analyst

TL;DR Insider sale of 517 shares under an existing 10b5-1 plan; significant indirect holdings remain concentrated in related entities and a family trust.

The filing documents a routine, pre-planned disposition rather than an opportunistic open-market sale since the transaction code is S and the explanation cites a Rule 10b5-1 trading plan adopted 08/17/2024. The sold amount is immaterial relative to the total beneficial holdings reported. The disclosure clarifies ownership structure: Olivan retains direct ownership plus indirect stakes through multiple LLCs and a family revocable trust, which can matter for voting control and potential future sales reported under Section 16.

Corporate Governance Expert

TL;DR Filing shows compliance with Section 16 reporting and use of a documented 10b5-1 plan; ownership remains largely indirect.

The Form 4 provides clear provenance for the sale and identifies the reporting person as COO, signaling appropriate officer reporting. The attestation by an attorney-in-fact is included with a signature date of 09/24/2025. The breakdown of indirect holdings by entity and trust is explicit, supporting transparency about potential conflicts or control aggregation. No other derivative or additional transactions are reported on this form.

Insider Trade Summary

Net Seller: 517 shares ($403,948)

Net Sell 5 txns

Insider Olivan Javier

Role Chief Operating Officer

Sold 517 shs ($404K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	517	$781.33	$404K
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 10,543 shares (Direct); Class A Common Stock — 8,622 shares (Indirect, By Olivan D LLC)

Footnotes (1)

1. The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 17, 2024. 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.

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
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).

1. Name and Address of Reporting Person^*

Olivan Javier

(Last) (First) (Middle)

C/O META PLATFORMS, INC.

1 META WAY

(Street)

MENLO PARK CA 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/22/2025

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/22/2025		S(1)		517	D	$781.33	10,543	D
Class A Common Stock								8,622	I	By Olivan D LLC(2)
Class A Common Stock								2,999	I	By Olivan Reinhold D LLC(3)
Class A Common Stock								8,622	I	By Reinhold D LLC(4)
Class A Common Stock								90,493	I	By Olivan Reinhold Family Revocable Trust u/a/d 10/16/12(5)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 17, 2024.

2. Shares held of record by the reporting person, manager of Olivan D LLC.

3. Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.

4. Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.

5. 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.

	/s/ Erin Guldiken, attorney-in-fact for Javier Olivan	09/24/2025
	** 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.

FAQ

What did Javier Olivan (META) sell and when?

He sold 517 shares of Meta Platforms Class A common stock on 09/22/2025 at $781.33 per share.

Was the sale by Javier Olivan (META) part of a trading plan?

Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on 08/17/2024.

How many Meta (META) shares does Javier Olivan beneficially own after the sale?

He directly owns 10,543 Class A shares and holds indirect interests totaling 110,736 across entities and a family trust as listed.

What is Javier Olivan's reporting relationship to Meta (META)?

He is reported as an Officer, specifically the Chief Operating Officer.

Who signed the Form 4 for Javier Olivan (META)?

The form is signed by /s/ Erin Guldiken, attorney-in-fact for Javier Olivan with a signature date of 09/24/2025.