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.
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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.
Was the META COO’s sale of 517 shares made under a Rule 10b5-1 trading plan?
Yes. The filing explains that the sale of 517 Meta Class A shares was carried out under a Rule 10b5-1 trading plan that Javier Olivan adopted on August 17, 2024. Such plans allow pre-arranged trading of shares according to set instructions.
How many META shares does Javier Olivan directly own after the reported sale?
After selling 517 shares, Javier Olivan directly beneficially owns 11,166 shares of Meta Platforms, Inc. Class A common stock, as shown in the Form 4 under the column for shares beneficially owned following the reported transaction.
What indirect META share holdings related to Javier Olivan are disclosed?
The Form 4 lists several indirect holdings of Meta Class A common stock associated with Javier Olivan. These include 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 u/a/d 10/16/12.
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.