Meta (NASDAQ: META) CPO Cox nets shares after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms Chief Product Officer Christopher Cox, through his trusts, reported routine equity compensation activity involving Class A Common Stock and RSUs on May 15, 2026. The Christopher K. Cox Revocable Trust acquired a total of 16,388 shares via exercises of Restricted Stock Units that settled into common stock at no cash exercise price. To cover income tax obligations from these RSU settlements, 8,127 shares were withheld by Meta at a price of $618.43 per share, which the filing notes does not represent a sale. After these transactions, the revocable trust held 256,255 shares, while the Cox‑Vadakan Irrevocable Remainder Trust held 55,046 shares. The RSUs each convert into one share of Class A Common Stock and vest quarterly in 1/16 increments beginning on various dates from May 15, 2023 through May 15, 2026, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,388 shares exercised/converted
Mixed
10 txns
Insider
Cox Christopher K
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) (Class A) | 6,791 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) (Class A) | 2,679 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) (Class A) | 1,961 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) (Class A) | 4,957 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,791 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,679 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,961 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,957 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 8,127 | $618.43 | $5.03M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (RSU) (Class A) — 20,373 shares (Direct, null);
Class A Common Stock — 254,785 shares (Indirect, Christopher K. Cox Revocable Trust)
Footnotes (1)
- Shares held of record by Christopher K. Cox, Trustee of The Christopher K. Cox Revocable Trust. Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Restricted Stock Units ("RSUs") and does not represent a sale. Shares held of record by Christopher K. Cox and Visra Vichit-Vadakan, Co-Trustees of The Cox-Vadakan Irrevocable Remainder Trust. Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement. The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2023, subject to continued service through each vesting date. The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2024, subject to continued service through each vesting date. The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2025, subject to continued service through each vesting date. The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2026, subject to continued service through each vesting date.
Key Figures
Shares acquired via RSU settlement: 16,388 shares
Shares withheld for taxes: 8,127 shares
Tax withholding price: $618.43 per share
+4 more
7 metrics
Shares acquired via RSU settlement
16,388 shares
Total exerciseShares from RSU-related derivative exercises
Shares withheld for taxes
8,127 shares
Withheld by Meta at $618.43 to satisfy tax obligations
Tax withholding price
$618.43 per share
Value used for 8,127 shares withheld for taxes
Revocable trust holdings
256,255 shares
Class A Common Stock held by Christopher K. Cox Revocable Trust after transactions
Irrevocable trust holdings
55,046 shares
Class A Common Stock held by Cox-Vadakan Irrevocable Remainder Trust after transactions
RSU vesting schedule start (2023 grant)
May 15, 2023
RSUs vest quarterly as 1/16 of total starting on this date
RSU vesting schedule start (2026 grant)
May 15, 2026
Later RSU grant vests quarterly as 1/16 of total starting this date
Key Terms
Restricted Stock Units (RSU), tax withholding, derivative security, Revocable Trust, +2 more
6 terms
Restricted Stock Units (RSU) financial
"Restricted Stock Units ("RSUs") and does not represent a sale."
tax withholding financial
"withheld by the Issuer to satisfy its income tax withholding and remittance obligations"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Revocable Trust financial
"Shares held of record by Christopher K. Cox, Trustee of The Christopher K. Cox Revocable Trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Irrevocable Remainder Trust financial
"Co-Trustees of The Cox-Vadakan Irrevocable Remainder Trust."
contingent right financial
"Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock"
FAQ
What insider transactions did META executive Christopher Cox report?
Christopher Cox reported RSU-related transactions where 16,388 Class A shares were acquired through RSU settlement and 8,127 shares were withheld by Meta for taxes. These actions reflect routine equity compensation and tax withholding rather than open-market stock purchases or sales.
What role do RSUs play in Christopher Cox’s META equity compensation?
Restricted Stock Units grant Cox a contingent right to receive Meta Class A shares upon settlement. Each RSU converts into one share, and the RSUs vest quarterly in 1/16 increments starting on May 15 of 2023, 2024, 2025, or 2026, subject to continued service.