Christopher K. Cox (META) discloses multiple sales totaling 15,000 Class A shares
Rhea-AI Filing Summary
Christopher K. Cox, Chief Product Officer at Meta Platforms (META), reported multiple sales of Class A common stock executed on 08/06/2025 under a Rule 10b5-1 trading plan adopted May 5, 2025. The filing lists seven sale tranches of 2,266, 983, 2,451, 1,421, 5,921, 1,560 and 398 shares, which together total 15,000 shares, sold at weighted-average prices with ranges approximately from $764.235 to $770.88 per share. After these transactions the Form 4 shows 222,205 Class A shares held of record by the Christopher K. Cox Revocable Trust and 55,046 shares held by the Cox-Vadakan Irrevocable Remainder Trust. The sales were disclosed on Form 4 and signed by an attorney-in-fact.
Positive
- Sales executed under a Rule 10b5-1 trading plan adopted May 5, 2025, indicating prearranged dispositions.
- Detailed price disclosure: filing includes weighted-average prices and explicit price ranges for each tranche, improving transparency.
- Substantial post-sale holdings disclosed: 222,205 shares in the Christopher K. Cox Revocable Trust and 55,046 shares in the Cox-Vadakan Irrevocable Remainder Trust.
Negative
- None.
Insights
TL;DR: Insider sales of 15,000 META shares executed under a documented 10b5-1 plan; disclosure is granular and appears routine.
The filing reports seven tranches sold on 08/06/2025 under a Rule 10b5-1 plan adopted May 5, 2025, with weighted-average prices and explicit price ranges provided in footnotes. The detailed tranche sizes and price bands reduce ambiguity about execution pricing. The reporting person retains material indirect holdings in two trusts as disclosed, which limits interpretation that the sales exhausted insider ownership. Overall this reads as prearranged, routine disposition rather than a surprise market event.
TL;DR: Use of a 10b5-1 plan and explicit price-range footnotes improves governance transparency; disclosure follows Form 4 standards.
The report specifies that the sales were effected pursuant to a 10b5-1 trading plan adopted May 5, 2025, and provides weighted-average prices plus price ranges for each tranche. The filing also lists indirect beneficial ownership via the Christopher K. Cox Revocable Trust and the Cox-Vadakan Irrevocable Remainder Trust. From a governance perspective, prearranged plan execution and granular price disclosure reduce potential signaling risk and increase transparency for shareholders and regulators.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,266 | $764.739 | $1.73M |
| Sale | Class A Common Stock | 983 | $765.4284 | $752K |
| Sale | Class A Common Stock | 2,451 | $766.7718 | $1.88M |
| Sale | Class A Common Stock | 1,421 | $768.0725 | $1.09M |
| Sale | Class A Common Stock | 5,921 | $768.9923 | $4.55M |
| Sale | Class A Common Stock | 1,560 | $769.8574 | $1.20M |
| Sale | Class A Common Stock | 398 | $770.7644 | $307K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The sales reported were effected pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on May 5, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $764.235 to $765.195 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Shares held of record by Christopher K. Cox, Trustee of The Christopher K. Cox Revocable Trust. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $765.25 to $766.055 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $766.31 to $767.13 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $767.50 to $768.49 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $768.50 to $769.44 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $769.505 to $770.14 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $770.58 to $770.88 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Shares held of record by Christopher K. Cox and Visra Vichit-Vadakan, Co-Trustees of The Cox-Vadakan Irrevocable Remainder Trust.
FAQ
Who filed the Form 4 for META?
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When was the 10b5-1 trading plan adopted for these META sales?