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Meta Platforms (NASDAQ: META) grants director John Elkann 612 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Elkann John reported acquisition or exercise transactions in this Form 4 filing.

Meta Platforms director John Elkann received a grant of 612 Restricted Stock Units (RSUs) tied to Class A common stock. Each RSU represents the right to receive one share of Meta Class A common stock upon settlement. Following this award, Elkann holds 612 RSUs directly.

The RSUs vest as to 100% of the total award on May 15, 2027. However, if Meta’s 2027 Annual Meeting of Shareholders occurs before that date and Elkann does not stand for re-election or is not re-elected but continues serving until the meeting, then all 612 RSUs will vest on the meeting date. Settlement of the RSUs has been deferred under Meta’s Deferred Compensation Plan for Non-Employee Directors.

Positive

  • None.

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Insider Elkann John
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units (RSU) (Class A) 612 $0.00 --
Holdings After Transaction: Restricted Stock Units (RSU) (Class A) — 612 shares (Direct, null)
Footnotes (1)
  1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement. The RSUs vest as to 100% of the total RSUs on May 15, 2027; provided, however, in the event that (i) the Issuer's 2027 Annual Meeting of Shareholders is held prior to May 15, 2027; and (ii) the reporting person does not stand for re-election at, or is not re-elected at, the 2027 Annual Meeting of Shareholders (but the reporting person continues to serve on the Board until the date of such meeting), then 100% of the total RSUs shall vest on the date of the 2027 Annual Meeting of Shareholders. The reporting person has deferred the settlement of the RSUs pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors.
RSUs granted 612 units Restricted Stock Units (Class A) granted to director John Elkann
RSUs held after grant 612 units Total RSUs following the reported transaction
Exercise price $0.00 per unit Conversion or exercise price for the RSUs
Standard vesting date May 15, 2027 100% of RSUs vest on this date absent earlier annual meeting trigger
Underlying shares per RSU 1 share per RSU Each RSU represents one Meta Class A common share upon settlement
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share"
Class A Common Stock financial
"1 share of the Issuer's Class A Common Stock upon settlement"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Annual Meeting of Shareholders regulatory
"the Issuer's 2027 Annual Meeting of Shareholders is held prior to May 15, 2027"
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
Deferred Compensation Plan for Non-Employee Directors financial
"deferred the settlement of the RSUs pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors"
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SEC Form 4
FORM 4UNITED 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).
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*
Elkann John

(Last)(First)(Middle)
C/O META PLATFORMS, INC.
1 META WAY

(Street)
MENLO PARK CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Meta Platforms, Inc. [ META ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (RSU) (Class A)(1)06/15/2026A612 (2) (2)Class A Common Stock612$0612D
Explanation of Responses:
1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
2. The RSUs vest as to 100% of the total RSUs on May 15, 2027; provided, however, in the event that (i) the Issuer's 2027 Annual Meeting of Shareholders is held prior to May 15, 2027; and (ii) the reporting person does not stand for re-election at, or is not re-elected at, the 2027 Annual Meeting of Shareholders (but the reporting person continues to serve on the Board until the date of such meeting), then 100% of the total RSUs shall vest on the date of the 2027 Annual Meeting of Shareholders. The reporting person has deferred the settlement of the RSUs pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors.
/s/ Erin Guldiken, attorney-in-fact for John Elkann06/17/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Meta Platforms (META) director John Elkann report in this Form 4?

John Elkann reported receiving 612 Restricted Stock Units (RSUs) linked to Meta Class A common stock. This is a compensation-related equity grant rather than an open-market stock purchase or sale, and increases his direct RSU holdings to 612 units.

How many Meta Platforms (META) RSUs were granted to John Elkann?

John Elkann was granted 612 Restricted Stock Units (RSUs) tied to Meta Class A common stock. Each RSU represents a contingent right to receive one share of Meta Class A stock upon settlement under the award’s vesting and deferral terms.

When do John Elkann’s Meta (META) RSUs vest according to the filing?

The RSUs vest 100% on May 15, 2027, under the standard schedule. Alternatively, if Meta’s 2027 Annual Meeting is held earlier and Elkann does not stand for, or is not, re-elected while serving until that meeting, vesting accelerates to that meeting date.

What does each Meta (META) RSU granted to John Elkann represent?

Each Restricted Stock Unit represents a contingent right to receive one share of Meta’s Class A common stock upon settlement. This means Elkann receives actual Class A shares only after the RSUs vest and are settled under the grant’s terms.

Did John Elkann buy or sell Meta (META) shares in the market in this Form 4?

No, the filing shows a grant of 612 RSUs as compensation rather than a market transaction. The transaction code is “A,” indicating a grant or award acquisition, with no open-market buying or selling of Meta Class A shares reported.

How are John Elkann’s Meta (META) RSUs settled under the company’s plan?

The filing states Elkann has deferred settlement of the RSUs under Meta’s Deferred Compensation Plan for Non-Employee Directors. This means the RSUs vest on the stated schedule, but conversion into actual Class A shares occurs on a deferred basis per plan rules.