Xu Tony 4
Research Summary
AI-generated summary
Meta Director Tony Xu Receives 189 Shares via RSU Settlement
What Happened
- Tony Xu, a director of Meta Platforms, had 189 shares issued on Feb 15, 2026 in connection with the settlement/conversion of restricted stock units (RSUs). The reported price per share is $0.00, so no cash purchase or open-market sale occurred — this is a routine equity award/settlement rather than a buy or sell.
Key Details
- Transaction date: 2026-02-15; Form 4 filed: 2026-02-18 (appears to be timely).
- Reported entries: 189 shares acquired (derivative conversion/settlement) and a corresponding derivative conversion entry for 189 shares at $0.00.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1–F3 state these shares were acquired upon settlement of RSUs; each RSU converts to 1 share, and the RSUs vest quarterly (1/16th each quarter) beginning May 15, 2022.
- Transaction code: M (exercise/conversion of derivative) — here used to record RSU settlement/conversion.
Context
- This filing reflects vesting/settlement of compensation RSUs, a routine, non-market transaction that does not by itself signal buying or selling intent. There’s no indication the shares were sold immediately (no open-market sale reported). The vesting schedule indicates ongoing quarterly settlements from the original grant.