Meta Platforms (META) COO sells 517 shares at $653 via 10b5-1 plan
Rhea-AI Filing Summary
Meta Platforms, Inc. Chief Operating Officer Javier Olivan reported a sale of Class A common stock in a Form 4 filing. On January 12, 2026, he sold 517 shares of Meta Class A common stock at $653 per share in an open market transaction coded "S." The filing states this sale was made under a Rule 10b5-1 trading plan adopted on August 17, 2024, which is a pre-arranged plan for trading shares.
Following this sale, Olivan directly beneficially owns 11,166 shares of Meta Class A common stock. He also reports indirect beneficial ownership of additional Class A shares held through several entities associated with him and/or his spouse: 8,622 shares held by Olivan D LLC, 2,999 shares held by Olivan Reinhold D LLC, 8,622 shares held by Reinhold D LLC, and 90,493 shares held by the Olivan Reinhold Family Revocable Trust dated October 16, 2012.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 517 | $653.00 | $338K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (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.
FAQ
What insider transaction did META COO Javier Olivan report in this Form 4?
Javier Olivan, Chief Operating Officer of Meta Platforms, Inc. (META), reported an open market sale of 517 shares of Meta Class A common stock on January 12, 2026, coded as transaction type "S." The shares were sold at a price of $653 per share.
What roles do the LLCs and family trust play in Javier Olivan’s META holdings?
The explanatory notes state that the indirect holdings reflect shares held of record by entities associated with Javier Olivan and/or his spouse. Specifically, he is described as manager of Olivan D LLC, co-manager with his spouse of Olivan Reinhold D LLC, his spouse is manager of Reinhold D LLC, and he and his spouse are co-trustees of the Olivan Reinhold Family Revocable Trust dated October 16, 2012.
What is Javier Olivan’s relationship to Meta Platforms, Inc. in this filing?
In this Form 4, Javier Olivan is identified as an officer of Meta Platforms, Inc., holding the title of Chief Operating Officer. He is not designated as a director or a 10% owner in the relationship section of the form.