Meta Platforms (META) COO logs small Rule 10b5-1 share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms, Inc. Chief Operating Officer Javier Olivan reported an open-market sale of 517 shares of Class A common stock on February 9, 2026 at a price of $663.19 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 17, 2024.
Following this transaction, Olivan directly holds 9,098 Meta Class A shares. He also reports indirect ownership of additional Meta shares through entities and a family trust, including Olivan D LLC, Olivan Reinhold D LLC, Reinhold D LLC, and the Olivan Reinhold Family Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 517 shares ($342,869)
Net Sell
5 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
517 shs ($343K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 517 | $663.19 | $343K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 9,098 shares (Direct);
Class A Common Stock — 8,622 shares (Indirect, By Olivan D LLC)
Footnotes (1)
- The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 17, 2024. Shares held of record by the reporting person, manager of Olivan D LLC. Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC. Shares held of record by the reporting person's spouse, manager of Reinhold D LLC. 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.
FAQ
What insider transaction did Meta (META) COO Javier Olivan report?
Meta COO Javier Olivan reported selling 517 shares of Meta Class A common stock in an open-market transaction at $663.19 per share. The transaction was executed on February 9, 2026 and is disclosed as a routine Form 4 insider trading report.
What role does Javier Olivan hold at Meta (META) in this Form 4?
In this Form 4, Javier Olivan is identified as an officer of Meta Platforms, Inc., serving as Chief Operating Officer. The filing notes he is not a director or 10% owner, and the report reflects his transactions and holdings in Meta Class A common stock.
What does the transaction code 'S' mean in Javier Olivan’s Meta Form 4?
The transaction code “S” on the Form 4 indicates a sale of securities in an open-market or private transaction. Here it refers to Javier Olivan’s sale of 517 Meta Class A shares at $663.19 per share on February 9, 2026, reported as a non-derivative transaction.