Meta (NASDAQ: META) legal chief settles 4,757 RSUs
Rhea-AI Filing Summary
Meta Platforms, Inc. (META) reported that Chief Legal Officer Curtis J. Mahoney settled 4,757 Restricted Stock Units (Class A) on August 15, 2026. These RSUs converted into 4,757 shares of Class A common stock. Of these, 2,359 shares were withheld by Meta to satisfy income tax withholding and remittance obligations in a net settlement and, as disclosed, do not represent a sale. Following this RSU conversion, Mahoney holds 65,012 RSUs, which vest 1/12 on May 15, 2026 and then 1/16 quarterly thereafter, with final vesting on February 15, 2030, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,398 shares
Net Buy
3 txns
Insider
Mahoney Curtis J.
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) (Class A) F2, F3 | 4,757 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,757 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F1 | 2,359 | $589.85 | $1.39M |
Holdings After Transaction:
Restricted Stock Units (RSU) (Class A) — 65,012 shares (Direct);
Class A Common Stock — 3,516 shares (Direct)
Footnotes (3)
- F1. Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Restricted Stock Units ("RSUs") and does not represent a sale.
- F2. Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
- F3. The RSUs vest as to 1/12th of the total RSUs on May 15, 2026, and then 1/16th of the total RSUs vest quarterly thereafter, not to exceed 14 quarterly installments, with the final 2/48ths of the total RSUs vesting on February 15, 2030, subject to continued service through each vesting date.
Key Figures
RSUs converted: 4,757 RSUs
Shares acquired upon RSU settlement: 4,757 shares
Shares withheld for taxes: 2,359 shares
+2 more
5 metrics
RSUs converted
4,757 RSUs
Restricted Stock Units (Class A) converted to Class A common stock on August 15, 2026
Shares acquired upon RSU settlement
4,757 shares
Class A common stock received upon RSU settlement on August 15, 2026
Shares withheld for taxes
2,359 shares
Class A shares withheld to satisfy income tax withholding and remittance obligations
Per-share value of withheld shares
$589.85 per share
Per-share value for the 2,359 META shares withheld for tax obligations
RSUs remaining after transaction
65,012 RSUs
RSUs representing contingent rights to META Class A shares following the August 15, 2026 conversion
Key Terms
Restricted Stock Units (RSU), net settlement, income tax withholding and remittance obligations, vest
4 terms
Restricted Stock Units (RSU) financial
"Represents the number of shares of Class A Common Stock that have been withheld"
net settlement financial
"obligations in connection with the net settlement of the Restricted Stock Units"
income tax withholding and remittance obligations financial
"withheld by the Issuer to satisfy its income tax withholding and remittance"
vest financial
"The RSUs vest as to 1/12th of the total RSUs on May 15, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did META’s Chief Legal Officer Curtis J. Mahoney report in this Form 4?
Curtis J. Mahoney reported the settlement of 4,757 RSUs into 4,757 META Class A shares on August 15, 2026. Part of these shares was withheld by Meta to cover income tax obligations associated with the RSU vesting.
How many Restricted Stock Units does Curtis J. Mahoney still hold at META after this transaction?
After this RSU conversion, Curtis J. Mahoney holds 65,012 RSUs tied to META Class A common stock. These remaining RSUs vest over time according to a multi-year schedule extending through February 15, 2030, subject to continued service.
What is the vesting schedule for Curtis J. Mahoney’s META RSUs reported here?
The filing states RSUs vest as to 1/12 of the total on May 15, 2026, then 1/16 quarterly for up to 14 installments, with the final 2/48 vesting on February 15, 2030, subject to continued service through each vesting date.
Was Mahoney’s META Form 4 transaction made under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is not affirmed for this Form 4. There is no footnote stating that Curtis J. Mahoney’s August 15, 2026 RSU-related transactions were executed pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
