Mahoney Curtis J. 4
Research Summary
AI-generated summary
Meta (META) Chief Legal Officer Curtis J. Mahoney Receives Award
What Happened
- Curtis J. Mahoney, Chief Legal Officer of Meta Platforms, was granted 76,111 restricted stock units (RSUs) on February 20, 2026. The award is reported as a derivative acquisition (code A) at $0.00 per unit — this is a compensation grant, not an open-market purchase.
- Each RSU represents a contingent right to receive one share of Meta Class A common stock upon settlement; the award has a multi-year vesting schedule (see Key Details). No immediate shares were delivered or sold as part of this filing.
Key Details
- Transaction date: February 20, 2026; transaction type: Award/Grant (A); amount: 76,111 RSUs; reporting price: $0.00 (derivative).
- Shares owned after the transaction: not specified in this Form 4 filing.
- Footnote F1: Each RSU equals the right to receive 1 share of Class A common stock upon settlement.
- Footnote F2 (vesting): 1/12 of the total RSUs vest on May 15, 2026; then 1/16 of the total vests quarterly thereafter (up to 14 quarterly installments); the final portion (2/48 of the total) vests on February 15, 2030 — all vesting is subject to continued service through each vesting date.
- Filing timeliness: Reported on the same date as the transaction (filed Feb 20, 2026); no late filing indicated.
- No 10b5-1 plan, tax withholding, or immediate cashless exercise/sale is reported in this filing.
Context
- RSU grants are a form of equity compensation. They convert into actual shares only as they vest and are settled; the eventual dollar value depends on Meta’s share price at settlement.
- Because this was a compensation award (not a purchase or sale), it is primarily a disclosure of executive compensation/retention rather than a direct market sentiment signal.