Mahoney Curtis J. 4

What Happened

• Curtis J. Mahoney, Meta's Chief Legal Officer, was granted a series of derivative awards (reported as "A" — grant/award) on March 20, 2026. The grants total 163,469 derivative shares across seven tranches (3,202; 4,517; 7,335; 24,386; 38,873; 62,346; 22,810). Each grant is reported with an acquisition price of $0.00, indicating option/award grants rather than an open‑market purchase or sale. No exercise or sale of shares was reported in this filing.

Key Details

• Transaction date: 2026-03-20; Form 4 filed 2026-03-24 (timely filing).
• Reported acquisition price: $0.00 (derivative awards/options).
• Total shares granted: 163,469 (broken out by tranche above).
• Shares owned after transaction: not specified in the provided data.
• Footnote highlights:
  • F1: Tranches vest if Meta’s Class A share price meets/exceeds the applicable exercise price at any time during the "Price Vesting Period" through Feb 14, 2028 (price-vesting condition).
  • F2: Any tranches not price‑vested by Feb 15, 2028 will vest on a time-based schedule (6/16ths on Feb 15, 2028, then 1/16th quarterly, final 1/16th on Aug 15, 2030), subject to continued service.
• Transaction type: award/grant of derivative securities (not a purchase or sale).

Context

• These are conditional option/award grants — they do not represent immediate cash paid or shares received for sale. Vesting depends on stock-price performance during the price-vesting window and continued employment, and any remaining unvested portion follows a multi-year time-based vesting schedule.
• For retail investors: awards and option grants are common executive compensation/retention tools and are not the same signal as an insider buying shares. They can be material to dilution and long‑term incentive alignment but do not indicate immediate insider buying or selling activity.