Meta COO Javier Olivan sells 1,575 shares
Rhea-AI Filing Summary
Meta Platforms, Inc. (META) reported that Chief Operating Officer Javier Olivan, together with related entities, sold a total of 1,575 shares of Class A Common Stock on September 14, 2026 at $657.73 per share in open-market transactions pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025.
After these sales, reported holdings include 10,716 shares held directly and additional indirect holdings through Olivan D LLC, Olivan Reinhold D LLC, Reinhold D LLC, and the Olivan Reinhold Family Revocable Trust, each with its own reported post-transaction balance.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 1,575 shares
Net Sell
5 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
1,575 shs ($1.04M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 946 | $657.73 | $622K |
| Sale | Class A Common Stock F1, F2 | 82 | $657.73 | $54K |
| Sale | Class A Common Stock F1, F3 | 57 | $657.73 | $37K |
| Sale | Class A Common Stock F1, F4 | 82 | $657.73 | $54K |
| Sale | Class A Common Stock F1, F5 | 408 | $657.73 | $268K |
Holdings After Transaction:
Class A Common Stock — 10,716 shares (Direct);
Class A Common Stock — 6,080 shares (Indirect, By Olivan D LLC);
Class A Common Stock — 1,232 shares (Indirect, By Olivan Reinhold D LLC);
Class A Common Stock — 6,080 shares (Indirect, By Reinhold D LLC);
Class A Common Stock — 77,845 shares (Indirect, By Olivan Reinhold Family Revocable Trust u/a/d 10/16/12)
Footnotes (5)
- F1. The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025.
- F2. Shares held of record by the reporting person, manager of Olivan D LLC.
- F3. Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.
- F4. Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.
- F5. 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.
Key Figures
Total shares sold: 1,575 shares
Sale price per share: $657.73 per share
Number of sale transactions: 5 transactions
+4 more
7 metrics
Total shares sold
1,575 shares
Aggregate Class A Common Stock sold on September 14, 2026
Sale price per share
$657.73 per share
Price for each reported sale of Meta Class A Common Stock
Number of sale transactions
5 transactions
Non-derivative Class A Common Stock sales on September 14, 2026
Direct holdings after sale
10,716 shares
Class A Common Stock held directly by Javier Olivan after his 946-share sale
Trust holdings after sale
77,845 shares
Class A Common Stock held by the Olivan Reinhold Family Revocable Trust after a 408-share sale
Indirect holdings via Olivan D LLC
6,080 shares
Class A Common Stock held after an 82-share sale by Olivan D LLC
Rule 10b5-1 plan adoption date
November 17, 2025
Date Javier Olivan adopted the trading plan governing these sales
Key Terms
Rule 10b5-1 trading plan, Class A Common Stock, Revocable Trust, Co-Trustees
4 terms
Rule 10b5-1 trading plan regulatory
"The sale reported was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Class A Common Stock financial
"transactions involved Meta Class A Common Stock on September 14, 2026"
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.
Revocable Trust financial
"Olivan Reinhold Family Revocable Trust u/a/d 10/16/12"
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.
Co-Trustees financial
"reporting person and his spouse, Co-Trustees of the Olivan Reinhold Family Revocable Trust"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did META report for COO Javier Olivan?
Meta reported that COO Javier Olivan and related entities sold 1,575 shares of Meta Class A Common Stock on September 14, 2026 in open-market transactions at $657.73 per share, under a pre-arranged Rule 10b5-1 trading plan.
Was Javier Olivan’s META stock sale under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Javier Olivan on November 17, 2025, indicating the transactions were pre-arranged.
AI-generated analysis. How Rhea-AI works. Not financial advice.