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Meta (META) COO Javier Olivan’s 10b5-1 plan leads to 1,555-share sale

Filing Impact
(Very High)
Filing Sentiment
(Negative)
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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Olivan Javier

(Last) (First) (Middle)
C/O META PLATFORMS, INC.
1 META WAY

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Meta Platforms, Inc. [ META ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 02/23/2026 S(1) 926 D $652.68 17,039 D
Class A Common Stock 02/23/2026 S(1) 82 D $652.68 8,458 I By Olivan D LLC(2)
Class A Common Stock 02/23/2026 S(1) 57 D $652.68 2,885 I By Olivan Reinhold D LLC(3)
Class A Common Stock 02/23/2026 S(1) 82 D $652.68 8,458 I By Reinhold D LLC(4)
Class A Common Stock 02/23/2026 S(1) 408 D $652.68 89,677 I By Olivan Reinhold Family Revocable Trust u/a/d 10/16/12(5)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025.
2. Shares held of record by the reporting person, manager of Olivan D LLC.
3. Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.
4. Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.
5. 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.
/s/ Erin Guldiken, attorney-in-fact for Javier Olivan 02/25/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many Meta (META) shares were sold and at what price in this transaction?

A total of 1,555 Meta Class A shares were sold in these transactions. Each sale was executed at $652.68 per share, reflecting multiple sales across direct holdings and several indirect entities linked to Javier Olivan and his family arrangements.

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.

Which entities were involved in the indirect Meta (META) share sales?

Several family-related entities executed indirect sales of Meta shares. These include Olivan D LLC, Olivan Reinhold D LLC, Reinhold D LLC, and the Olivan Reinhold Family Revocable Trust, where Javier Olivan or his spouse serve as managers or co-trustees holding record ownership.

Did Javier Olivan sell Meta (META) shares held directly as well as indirectly?

Yes, the Form 4 shows both direct and indirect sales of Meta shares. One transaction involved directly held stock, while four others involved shares held through LLCs and a family revocable trust in which he and/or his spouse have managerial or trustee roles.
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