Meta (META) COO Javier Olivan’s 10b5-1 plan leads to 1,555-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms, Inc. Chief Operating Officer Javier Olivan reported open-market sales of Meta Class A common stock under a pre-arranged Rule 10b5-1 trading plan adopted on November 17, 2025. On February 23, 2026, entities associated with him sold a total of 1,555 shares at $652.68 per share, through a mix of direct holdings and indirect holdings via several family-affiliated LLCs and a revocable trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,555 shares ($1,014,917)
Net Sell
5 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
1,555 shs ($1.01M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 926 | $652.68 | $604K |
| Sale | Class A Common Stock | 82 | $652.68 | $54K |
| Sale | Class A Common Stock | 57 | $652.68 | $37K |
| Sale | Class A Common Stock | 82 | $652.68 | $54K |
| Sale | Class A Common Stock | 408 | $652.68 | $266K |
Holdings After Transaction:
Class A Common Stock — 17,039 shares (Direct);
Class A Common Stock — 8,458 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 November 17, 2025. 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 (META) COO Javier Olivan report in this Form 4 filing?
Javier Olivan reported planned open-market sales of Meta Class A common stock. On February 23, 2026, entities associated with him sold 1,555 shares at $652.68 per share under a Rule 10b5-1 trading plan adopted on November 17, 2025.
When did the Meta (META) insider transactions by Javier Olivan occur?
The reported insider transactions occurred on February 23, 2026. All five sales involved Meta Class A common stock and were executed the same day, with the trades carried out under a previously adopted Rule 10b5-1 trading plan governing the timing.
Was the Meta (META) COO’s sale part of a Rule 10b5-1 trading plan?
Yes, the sales were executed under a Rule 10b5-1 trading plan. The filing states the plan was adopted by Javier Olivan on November 17, 2025, providing a pre-arranged framework for selling Meta shares over time.