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Meta COO Olivan disposes 517 Class A shares at $704.81 via 10b5-1

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

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

  • None.

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.

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)
10/06/2025
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 10/06/2025 S(1) 517 D $704.81 9,509 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 10/08/2025
** 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

What did Javier Olivan sell in the Form 4 for META?

He sold 517 shares of Class A common stock on 10/06/2025 at $704.81 per share.

Was the sale part of a trading plan for META insider Javier Olivan?

Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on 08/17/2024.

How many META shares does Javier Olivan beneficially own after the sale?

He directly owns 9,509 Class A shares after the reported transaction and indirectly holds additional shares totaling 101,734 across LLCs and a family trust.

What is Javier Olivan's role at Meta Platforms listed on the Form 4?

He is listed as the Chief Operating Officer of Meta Platforms, Inc.

When was the Form 4 signed and filed?

The Form 4 signature by an attorney-in-fact is dated 10/08/2025.
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