[Form 4] Meta Platforms, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Meta Platforms, Inc. director reports RSU settlement and share increase. A Meta Platforms, Inc. director reported the settlement of 189 Restricted Stock Units (RSUs), each converting into one share of Meta Class A common stock. The RSUs were exercised at a price of $0, and the same 189 shares are reflected as acquired in the non-derivative table. Following this transaction, the director beneficially owns 7,480 shares of Meta Class A common stock in direct ownership. The RSUs vest quarterly in 1/16th increments beginning on May 15, 2022, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) (Class A) | 189 | $0.00 | -- |
| Exercise | Class A Common Stock | 189 | $0.00 | -- |
Footnotes (1)
- Represents the number of shares that were acquired in connection with the settlement of the Restricted Stock Units ("RSUs") listed in Table II. 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, 2022, subject to continued service through each vesting date.
FAQ
What insider transaction did META report in this Form 4?
The filing reports the settlement of 189 Restricted Stock Units (RSUs) into 189 shares of Meta Platforms, Inc. Class A common stock at an exercise price of $0.
What is the relationship of the reporting person to Meta Platforms, Inc. (META)?
The reporting person is a Director of Meta Platforms, Inc., as indicated in the relationship section of the filing.
What does each META RSU represent in this Form 4 filing?
Each Restricted Stock Unit (RSU) represents a contingent right to receive 1 share of Meta Platforms, Inc. Class A common stock upon settlement.
How do the META RSUs reported here vest over time?
The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2022, subject to the reporting person’s continued service through each vesting date.