Meta COO Javier Olivan sells 517 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms (META) insider transaction: Chief Operating Officer Javier Olivan reported a sale of Class A Common Stock. On 10/20/2025, he sold 517 shares at $721.30 per share under a Rule 10b5-1 trading plan.
Following the transaction, he beneficially owns 8,475 shares directly. He also reports indirect holdings through several entities.
- Indirect: 8,622 shares by Olivan D LLC
- Indirect: 2,999 shares by Olivan Reinhold D LLC
- Indirect: 8,622 shares by Reinhold D LLC
- Indirect: 90,493 shares by Olivan Reinhold Family Revocable Trust u/a/d 10/16/12
The filing notes the sale was effected pursuant to a Rule 10b5-1 plan adopted on August 17, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 517 shares ($372,912)
Net Sell
5 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
517 shs ($373K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 517 | $721.30 | $373K |
| 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 — 8,475 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 did META's COO Javier Olivan report on Form 4?
He reported selling 517 Class A shares of Meta Platforms at $721.30 on 10/20/2025 under a Rule 10b5-1 plan.
What is Javier Olivan’s role at Meta Platforms (META)?
He is the company’s Chief Operating Officer.
What was the transaction code on the Form 4?
The transaction code was S, indicating an open market or private sale.