Meta Platforms, Inc.·4

Mar 3, 6:23 PM ET

LI SUSAN J 4

Research Summary

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Meta (META) CFO Susan Li Sells 56,571 Shares

What Happened

  • Susan J. Li, Chief Financial Officer of Meta Platforms, sold a total of 56,571 shares in multiple open-market transactions on February 27, 2026. The individual sales were executed at weighted-average prices ranging from $640.11 to $648.83 per share, producing aggregate proceeds of approximately $36,471,143.
  • These were outright sales (not purchases or option exercises). The filing indicates the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. Li on November 25, 2025 — a pre-arranged plan that often reflects routine disposition rather than an immediate change in view about the company.

Key Details

  • Transaction date: February 27, 2026; Form 4 filed March 3, 2026 (filed within the required two business days).
  • Shares sold: 56,571; aggregate proceeds: ~$36.47 million.
  • Price details: reported as weighted averages per line (individual weighted-average prices shown from $640.11 up to $648.83). Footnotes in the filing provide the specific trade-price ranges for each block and state that the filer will provide full per-price breakdowns on request.
  • Notable footnotes: F1 — sales pursuant to a Rule 10b5-1 plan (adopted 11/25/2025); F2–F12 — weighted-average prices reported with specified per-block price ranges; F3 — certain shares are held of record by the Li‑Hegeman Family Foundation (reporting person has voting/investment power but no pecuniary interest).
  • Shares owned after the transaction: not stated in the excerpt provided here — see the full Form 4 for post-transaction holdings.

Context

  • Sales under a 10b5-1 plan are pre-scheduled and commonly used by insiders to avoid timing issues; they are generally considered routine and do not necessarily indicate a change in the insider’s view of the company.
  • For retail investors, purchases by insiders typically carry more signal value than planned sales. If you want exact per-trade prices or the reporting person’s remaining holdings, review the full Form 4 or request the per-price breakdown referenced in the filing footnotes.