STOCK TITAN

Meta Platforms Form 4: Small insider sale by COO Javier Olivan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Meta Platforms COO Javier Olivan disclosed a small share sale. On 08/04/2025 he sold 517 Class A shares at $760.26 per share (Code “S”), generating roughly $0.39 million in proceeds. The trade was executed under a Rule 10b5-1 plan adopted 17 Aug 2024, indicating it was pre-scheduled.

After the sale Olivan directly owns 5,268 Class A shares. He also reports indirect ownership of 110k+ shares through several family LLCs and a revocable trust. No derivative securities were traded.

The filing is routine and does not signal operational issues; however, it updates investors on insider ownership levels and confirms active use of Rule 10b5-1 trading plans by senior management.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Small, pre-planned insider sale—minimal impact.

The 517-share sale represents <1% of Olivan’s reported beneficial holdings and less than 0.01% of META’s daily trading volume. Execution under a 10b5-1 plan reduces informational asymmetry concerns. Insider still retains a sizeable 110k-plus indirect stake, suggesting continued alignment with shareholders. From a valuation or governance standpoint the filing is not materially impactful.

Insider Olivan Javier
Role Chief Operating Officer
Sold 517 shs ($393K)
Type Security Shares Price Value
Sale Class A Common Stock 517 $760.26 $393K
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 — 5,268 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.
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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).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
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)
08/04/2025
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 08/04/2025 S(1) 517 D $760.26 5,268 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 08/06/2025
** 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

How many Meta (META) shares did COO Javier Olivan sell?

He sold 517 Class A shares on 08/04/2025.

At what price were the META shares sold?

The shares were sold at $760.26 per share.

Was the transaction part of a 10b5-1 trading plan?

Yes. The sale was executed under a Rule 10b5-1 plan adopted on 08/17/2024.

How many META shares does the COO now own directly?

Post-sale, Olivan owns 5,268 shares directly.

Does Olivan hold additional shares indirectly?

Yes. He reports over 110,000 shares held via LLCs and a family trust.