Powell Dina H. 4
Research Summary
AI-generated summary
Meta (META) Dina H. Powell, President & Vice Chair Receives RSU Shares
What Happened
Dina H. Powell, President and Vice Chairman of Meta Platforms, had 2,024 Restricted Stock Units (RSUs) convert to Class A shares on Feb 15, 2026. Of those, 921 shares were withheld to satisfy tax withholding obligations at $639.77 per share (total withheld value $589,228). The net settlement delivered 1,103 shares to Powell — those shares were worth roughly $705,666 at the $639.77 price. The withholding is not an open‑market sale; it’s a tax remittance by the issuer.
Key Details
- Transaction date: 2026-02-15 (filed on Form 4: 2026-02-18). Filing appears timely given the Feb 16 federal holiday.
- Reported entries:
- Conversion of derivative (RSU vesting): 2,024 RSUs -> 2,024 shares (acquired at $0.00).
- Tax withholding (F): 921 shares withheld at $639.77 → $589,228 (disposed for tax remittance).
- Net shares delivered to insider: 1,103 shares (approx. $705,666 at $639.77).
- Shares owned after the transaction: Not specified in this filing.
- Footnotes:
- F1: Withheld shares represent issuer withholding for income taxes and are not a sale.
- F2: Each RSU equals one share upon settlement.
- F3: These RSUs vest quarterly as to 1/16th starting Feb 15, 2026, subject to continued service.
Context
This was an RSU settlement (derivative conversion) with net share settlement to cover taxes — a common, routine insider event that doesn’t necessarily signal a bullish or bearish view. For retail investors, note that the taxable withholding reduces the number of shares delivered; withheld shares are remitted by the issuer and are not an open‑market transaction.