Meta Platforms (META) director-linked entity sells 426 Class A shares
Rhea-AI Filing Summary
An entity associated with Meta Platforms director Marc Andreessen reported open-market sales of 426 shares of Meta Class A Common Stock on August 4, 2026, through a16z Capital Management, L.L.C., in four tranches at weighted average prices between approximately $587.68 and $592.27 per share.
The 426 shares sold had previously been received by a16z Capital via pro rata distributions in kind from Andreessen Horowitz funds, which the footnotes describe as a change in form of beneficial ownership under Rule 16a-13. After these distributions, affiliated vehicles reported indirect holdings of 20,951 shares by Andreessen Horowitz Fund VIII, L.P. and 49,448 shares by the LAMA Community Trust, with Andreessen disclaiming beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 426 shares
Net Sell
6 txns
Insider
Andreessen Marc L
Role
Director
Sold
426 shs ($251K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2, F3 | 250 | $588.16 | $147K |
| Sale | Class A Common Stock F4, F3 | 87 | $589.24 | $51K |
| Sale | Class A Common Stock F5, F3 | 44 | $590.39 | $26K |
| Sale | Class A Common Stock F6, F3 | 45 | $591.69 | $27K |
| holding | Class A Common Stock F7, F8, F9 | -- | -- | -- |
| holding | Class A Common Stock F10, F11 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 0 shares (Indirect, By a16z Capital Management, L.L.C.);
Class A Common Stock — 20,951 shares (Indirect, By Andreessen Horowitz Fund VIII, L.P.);
Class A Common Stock — 49,448 shares (Indirect, By LAMA Community Trust)
Footnotes (11)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $587.68 per share to $588.63 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. Prior to the transactions reported herein, a16z Capital Management, L.L.C. ("a16z Capital") received an aggregate of 426 shares of the Issuer's Class A Common Stock pursuant to the pro rata distributions in kind (for no additional consideration) described in footnotes (7 and 8). The receipt of such shares by a16z Capital constituted a change in the Reporting Person's form of beneficial ownership with no change in his pecuniary interest, and were therefore exempt from the reporting and other requirements of Section 16 under the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16a-13 thereunder.
- F3. These shares are held of record by a16z Capital. The members of a16z Capital are the Reporting Person and Benjamin Horowitz, who share voting and dispositive power with respect to the shares held by a16z Capital. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by a16z Capital and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $588.80 per share to $589.78 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $589.99 per share to $590.98 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $591.38 per share to $592.27 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F7. Represents the number of shares of the Issuer's Class A Common Stock that are held of record by Andreessen Horowitz Fund VIII, L.P. ("AH VIII"), for itself and as nominee for Andreessen Horowitz Fund VIII-B, L.P., AH 2022 Annual Fund, L.P., AH 2022 Annual Fund-B, L.P., AH 2022 Annual Fund-QC, L.P. and CLF Partners III, LP, subsequent to the pro rata distribution in kind (for no additional consideration) by AH VIII of an aggregate of 191,580 shares to the limited and general partners of each of such funds, and the further pro rata distribution in kind (for no additional consideration) by each general partner of shares received in such distribution to its members, including a16z Capital and the LAMA Community Trust ("LAMA").
- F8. (continued from Footnote (7) The foregoing distributions constituted a change in the Reporting Person's form of beneficial ownership with no change in his pecuniary interest, and were therefore exempt from the reporting and other requirements of Section 16 of the Exchange Act pursuant to Rule 16a-13 thereunder.
- F9. These shares are held of record by AH VIII, for itself and as nominee for Andreessen Horowitz Fund VIII-B, L.P., AH 2022 Annual Fund, L.P., AH 2022 Annual Fund-B, L.P., AH 2022 Annual Fund-QC, L.P. and CLF Partners III, LP. AH Equity Partners VIII, L.L.C. ("AH EP VIII"), the general partner of AH VIII, may be deemed to have sole voting and dispositive power over the shares held by AH VIII for itself and as nominee. The Reporting Person and Benjamin Horowitz are the managing members of AH EP VIII and may be deemed to have shared voting and dispositive power over the shares held by AH VIII for itself and as nominee. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by AH VIII for itself and as nominee and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
- F10. Includes 195 shares received by LAMA pursuant to the pro rata distributions in kind (for no additional consideration) described in footnotes (7 and 8). The distribution of such shares constituted a change in the Reporting Person's form of beneficial ownership with no change in his pecuniary interest, and were therefore, exempt from the reporting and other requirements of Section 16 of the Exchange Act pursuant to Rule 16a-13 thereunder.
- F11. These shares are held of record by LAMA, of which the Reporting Person and his spouse are trustees.
Key Figures
Total shares sold: 426 shares
Sale tranche 1: 250 shares at $588.16 per share
Sale tranche 2: 87 shares at $589.24 per share
+4 more
7 metrics
Total shares sold
426 shares
Class A shares sold indirectly by a16z Capital on August 4, 2026
Sale tranche 1
250 shares at $588.16 per share
Weighted average price; trades from $587.68 to $588.63
Sale tranche 2
87 shares at $589.24 per share
Weighted average price; trades from $588.80 to $589.78
Sale tranche 3
44 shares at $590.39 per share
Weighted average price; trades from $589.99 to $590.98
Sale tranche 4
45 shares at $591.69 per share
Weighted average price; trades from $591.38 to $592.27
AH VIII post-distribution holdings
20,951 shares
Shares of Meta Class A Common Stock held of record by Andreessen Horowitz Fund VIII, L.P.
LAMA Community Trust holdings
49,448 shares
Meta Class A shares held of record by LAMA Community Trust, including 195 from in-kind distributions
Key Terms
weighted average price, pro rata distributions in kind, Rule 16a-13, beneficial ownership, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pro rata distributions in kind financial
"received an aggregate of 426 shares ... pursuant to the pro rata distributions in kind"
Rule 16a-13 regulatory
"exempt from the reporting and other requirements of Section 16 ... pursuant to Rule 16a-13"
beneficial ownership financial
"disclaims beneficial ownership of the securities held by a16z Capital"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"beneficial owner of such securities, except to the extent of his pecuniary interest"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sale did Meta Platforms (META) disclose for entities linked to Marc Andreessen?
The filing reports that an entity associated with Marc Andreessen, a16z Capital Management, L.L.C., sold 426 shares of Meta Class A Common Stock on August 4, 2026. The shares were sold in four transactions at weighted average prices between about $587.68 and $592.27 per share.
What Meta (META) holdings remain in Andreessen Horowitz Fund VIII after the distributions?
Andreessen Horowitz Fund VIII, L.P. reported holding 20,951 shares of Meta Class A Common Stock following the pro rata in-kind distributions. These shares are held of record by the fund and related vehicles, with managing entities and individuals potentially sharing voting and dispositive power subject to stated beneficial ownership disclaimers.