Olivan Javier 4

What Happened

• Javier Olivan, Chief Operating Officer of Meta Platforms, sold 517 shares of Meta common stock in an open-market transaction on February 2, 2026. The shares traded at $714.60 each, for a total proceeds of $369,448. This was a sale (not a purchase).

Key Details

• Transaction date: 2026-02-02; Filing date: 2026-02-04 (timely).
• Action: Sale (open market/private sale) of 517 shares at $714.60 per share; total value $369,448.
• Plan note: The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Olivan on August 17, 2024 (footnote F1).
• Holdings reported of record: filing notes shares held of record by entities and trusts managed/co-managed by the reporting person and spouse (footnotes F2–F5). The filing does not state a single consolidated "shares owned after" total.
• Timeliness: Filed within two days of the reported transaction — not flagged as late.

Context

• A 10b5-1 plan indicates these trades were prearranged under an established trading plan, which is commonly used by insiders to schedule sales and reduce the appearance of trading on nonpublic information. Sales are often routine portfolio or tax-related moves and do not by themselves indicate company performance or insider sentiment.