Olivan Javier 4

What Happened

• Javier Olivan, Chief Operating Officer of Meta Platforms (META), sold 517 shares of META stock on January 20, 2026 at $608.35 per share, for proceeds of about $314,517. The sale was effected pursuant to a Rule 10b5-1 trading plan. Sales are often routine portfolio transactions and do not necessarily signal a change in outlook.

Key Details

• Transaction date and price: Jan 20, 2026 — 517 shares sold at $608.35 each (total ≈ $314,517).
• Transaction type: Open-market sale (reported as "S"); executed under a 10b5-1 plan adopted Aug 17, 2024 (Footnote F1).
• Shares owned after transaction: Not specified in this filing.
• Other footnotes: Several holdings are reported of record via related entities/trusts managed by the reporting person and spouse (F2–F5).
• Filing date/timeliness: Form 4 filed Jan 22, 2026 (within the typical two-business-day reporting window).

Context

• The sale was made under a pre-existing 10b5-1 plan, which allows insiders to trade according to a pre-set schedule and reduces the ability to infer motivation from the trade. For retail investors, purchases typically carry more direct informational weight than routine sales executed under such plans.