Bosworth Andrew 4

What Happened

• Andrew (Boz) Bosworth, Chief Technology Officer at Meta Platforms (META), sold a total of 8,089 shares in open‑market transactions on February 18, 2026 for aggregate proceeds of about $5,106,081.
• The filing reports three disposals: 4,329 shares at a weighted avg price of $630.68 ($2.73M), 3,320 shares at $631.79 ($2.10M), and 440 shares at $632.49 (~$278K). These were sales (routine disposition), not purchases.

Key Details

• Transaction date: February 18, 2026; Form 4 filed February 20, 2026 (filed within the typical two‑business‑day window).
• Total shares sold: 8,089; total proceeds: ~$5.11 million.
• Reported prices are weighted averages; per footnotes the actual trade price ranges were:
  • 4,329 shares: $630.28–$631.245 (weighted avg $630.68)
  • 3,320 shares: $631.34–$631.99 (weighted avg $631.79)
  • 440 shares: $632.41–$632.50 (weighted avg $632.49)
• Transactions were effected under a Rule 10b5‑1 trading plan adopted January 31, 2025 (pre‑arranged trading plan).
• Shares owned after the transaction: not specified in the provided filing.

Context

• Sales made under a 10b5‑1 plan are pre‑set instructions and are often routine liquidity events; they do not necessarily reflect the insider’s current view of the company.
• For retail investors, purchases typically signal stronger insider conviction than planned sales; these transactions should be viewed as disposals consistent with a pre‑arranged plan rather than an ad‑hoc market timing move.