Meta (META) COO Javier Olivan granted RSUs and price-vested stock options
Rhea-AI Filing Summary
Meta Platforms, Inc. reported that Chief Operating Officer Javier Olivan received new equity compensation awards on March 20, 2026. He was granted 79,324 Restricted Stock Units (RSUs), each representing one share of Class A common stock when they settle.
The RSUs vest in 16 equal quarterly installments beginning on May 15, 2026, conditioned on continued service. Olivan also received several tranches of stock options to buy Class A shares at exercise prices ranging from $1,116.08 to $3,727.12 per share. These options vest based first on Meta’s share price performance through February 14, 2028, then on a time-based schedule through August 15, 2030, in each case subject to his continued service.
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Insights
Routine equity grants tie Meta COO pay to long-term stock performance.
Meta Platforms granted COO Javier Olivan RSUs and multi-tranche stock options as compensation, not open-market trades. The RSUs cover 79,324 shares and vest over four years, aligning him with long-term shareholder value.
The options span exercise prices from $1,116.08 to $3,727.12 per share. Footnotes show a two-stage vesting structure: a “Price Vesting Period” through February 14, 2028 where options vest only if Meta’s share price meets each tranche’s exercise price, followed by time-based vesting through August 15, 2030.
Because these are grants (code A) with no sales or exercises and no Rule 10b5-1 trading plans mentioned, the filing mainly describes compensation design rather than signaling a change in insider sentiment. Future company filings may quantify how many options actually vest during the Price Vesting Period.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSU) (Class A) | 79,324 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 12,806 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 18,066 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 29,340 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 97,541 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 155,491 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 249,382 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 91,239 | $0.00 | -- |
Footnotes (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 quarterly as to 1/16th of the total RSUs, beginning on May 15, 2026, subject to continued service through each vesting date. The stock options to acquire Issuer's Class A Common Stock (the "Options") vest and become exercisable as follows: from the date of grant up to and including February 14, 2028 (the "Price Vesting Period"), if the per share price of the Issuer's Class A Common Stock on NASDAQ meets or exceeds the per share exercise price relating to the applicable tranche of Options set forth above at any time during the Price Vesting Period, then each such tranche of Options will fully vest on such date, subject to the Reporting Person's continued service through each such date. Following the Price Vesting Period, any tranches of Options that did not vest during the Price Vesting Period will only vest with respect to 6/16ths of the total Options on February 15, 2028, and then 1/16th of the total Options quarterly thereafter, with the final 1/16th of the total Options vesting on August 15, 2030, with the vesting occurring equally across each tranche, subject to the Reporting Person's continued service through each such date.
