Collison Patrick 4

What Happened
Patrick Collison, a director of Meta Platforms, had 102 restricted stock units (RSUs) settle on February 15, 2026, resulting in the acquisition of 102 shares of Meta Class A common stock at an effective $0.00 per share. The same date shows a matching derivative conversion/disposition entry for 102 shares (also recorded at $0.00). No cash exchange or open‑market sale is reported in this filing — this reflects settlement of compensation‑related RSUs rather than a purchase or taxable sale.

Key Details

• Transaction date: February 15, 2026; Filing date: February 18, 2026.
• Reported entries: 102 shares acquired @ $0.00; 102 shares disposed (derivative conversion) @ $0.00.
• Shares owned after transaction: not specified in this Form 4.
• Footnotes: F1–F3 state these shares were acquired via settlement of RSUs; each RSU equals one share; RSUs vest quarterly as to 1/16th beginning Aug 15, 2025, subject to continued service.
• Timeliness: filing covers the Feb 15 transaction and was submitted on Feb 18; the Form 4 does not flag timeliness concerns in the filing itself.

Context
This is a routine RSU settlement (compensation vesting) rather than a buy or a sale intended to signal market views. The derivative/“M” entries reflect conversion/settlement mechanics for RSUs; no immediate open‑market sale or cash proceeds are shown here. For retail investors, award settlements are common and typically reflect scheduled compensation vesting per the company’s plan rather than insider trading decisions.