TAN HOCK E 4
Research Summary
AI-generated summary
Meta Director Tan Hock E Receives 167 Shares via RSU
What Happened
Tan Hock E, a director of Meta Platforms, acquired 167 shares on February 15, 2026 through the settlement/conversion of Restricted Stock Units (reported as derivative exercise, code M) at $0.00 per share. The filing also shows a simultaneous disposition of 167 shares at $0.00. Reported dollar value for both transactions is $0.00, resulting in a net change of zero newly held shares reported in this filing.
Key Details
- Transaction date(s) and prices: 2026-02-15 — 167 shares acquired @ $0.00 (M); 167 shares disposed @ $0.00 (M).
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1–F3 note these shares were acquired upon settlement of RSUs; each RSU converts to one Class A share, and the RSUs vest quarterly as to 1/16th beginning May 15, 2024.
- Filing timeliness: Form 4 filed 2026-02-18 for a 2026-02-15 transaction (3 calendar days later). Form 4s are generally due within 2 business days, so this appears to be 1 business day late.
Context
Transaction code M indicates exercise or conversion of a derivative — here, RSUs settled into shares. The paired acquisition and disposition at $0.00 commonly reflects RSU settlement with shares withheld or transferred (e.g., to satisfy tax withholding or company retention rules), not an open-market purchase or investment decision. This activity should be read as routine RSU settlement rather than a direct bullish or bearish trading signal.