Meta Platforms (META) awards stock option grants to Chief Legal Officer
Rhea-AI Filing Summary
Meta Platforms, Inc. reported that Chief Legal Officer Curtis J. Mahoney received multiple grants of stock options to acquire its Class A common stock. These options were awarded on March 20, 2026 with different exercise prices, including 1116.08, 1393.87, and up to 3727.12 per share, and all expire on March 19, 2031.
The footnotes explain that each option tranche can vest early if Meta’s share price on NASDAQ meets or exceeds the applicable exercise price during a “Price Vesting Period” through February 14, 2028, subject to Mahoney’s continued service. Any tranches not vested by then will vest over time from February 15, 2028 through August 15, 2030, also conditioned on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 3,202 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 4,517 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 7,335 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 24,386 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 38,873 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 62,346 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 22,810 | $0.00 | -- |
Footnotes (1)
- The stock options to acquire Issuer's Class A Common Stock (the "Options") vest and become exercisable as follows: from the date of grant up to and including February 14, 2028 (the "Price Vesting Period"), if the per share price of the Issuer's Class A Common Stock on NASDAQ meets or exceeds the per share exercise price relating to the applicable tranche of Options set forth above at any time during the Price Vesting Period, then each such tranche of Options will fully vest on such date, subject to the Reporting Person's continued service through each such date. Following the Price Vesting Period, any tranches of Options that did not vest during the Price Vesting Period will only vest with respect to 6/16ths of the total Options on February 15, 2028, and then 1/16th of the total Options quarterly thereafter, with the final 1/16th of the total Options vesting on August 15, 2030, with the vesting occurring equally across each tranche, subject to the Reporting Person's continued service through each such date.
FAQ
What did Meta (META) disclose about Curtis Mahoney in this Form 4?
Are Curtis Mahoney’s Meta (META) transactions open-market buys or compensation grants?
What are the key terms of Curtis Mahoney’s new Meta (META) stock options?
How do the price-based vesting conditions work for Meta (META) options granted to Mahoney?
What happens to Meta (META) option tranches that do not vest during the Price Vesting Period?
Does this Meta (META) Form 4 show any stock sales or disposals by Curtis Mahoney?