META: Javier Olivan sold 517 shares at $704.81 under 10b5-1
Meta Platforms insider Javier Olivan sold 517 shares of Class A common stock on 10/06/2025 at a reported price of $704.81 per share under a pre-existing Rule 10b5-1 trading plan adopted on 08/17/2024.
Rhea-AI Filing Summary
Meta Platforms insider Javier Olivan sold 517 shares of Class A common stock on 10/06/2025 at a reported price of $704.81 per share under a pre-existing Rule 10b5-1 trading plan adopted on 08/17/2024. After the sale, Mr. Olivan directly beneficially owns 9,509 Class A shares and indirectly holds additional Class A shares through related entities and a family trust totaling 101,734 shares across listed accounts. The filing was signed on 10/08/2025 by an attorney-in-fact.
Positive
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Negative
- None.
Insights
Small routine sale under an existing 10b5-1 plan; ownership remains significant.
The reported 517-share sale at $704.81 appears to be a routine disposition executed under a pre-established Rule 10b5-1 plan adopted on 08/17/2024, which provides affirmative defense to insider trading claims when conditions are met.
The reporting person retains meaningful exposure with 9,509 directly owned Class A shares and an aggregate indirect holding of 101,734 shares via LLCs and a family trust. Monitor further Form 4 filings if larger-scale dispositions or plan amendments occur within the next 12 months.
Transaction follows documented governance practice; disclosure is standard and complete.
The filing discloses the relationship to the issuer as Chief Operating Officer and provides explanatory footnotes clarifying indirect holdings through Olivan D LLC, family LLCs, and a revocable trust, which helps trace beneficial ownership.
Key dependencies include continued adherence to the 10b5-1 plan terms and any future schedule changes; material shifts would be visible in subsequent SEC filings within typical quarterly reporting windows.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 517 | $704.81 | $364K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (5)
- F1. The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 17, 2024.
- F2. Shares held of record by the reporting person, manager of Olivan D LLC.
- F3. Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.
- F4. Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.
- F5. 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
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What did Javier Olivan sell in the Form 4 for META?
Was the sale part of a trading plan for META insider Javier Olivan?
What is Javier Olivan's role at Meta Platforms listed on the Form 4?
When was the Form 4 signed and filed?
AI-generated analysis. How Rhea-AI works. Not financial advice.