Olivan Javier 4
4 · Meta Platforms, Inc. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Meta (META) COO Olivan Javier Receives 733,189 Share Awards
What Happened Olivan Javier, Chief Operating Officer of Meta Platforms (META), received multiple awards on March 20, 2026 totaling 733,189 derivative securities (awards reported with code "A") at $0.00 per share. The awards are a mix of restricted stock units (RSUs) and stock-option tranches (derivative instruments) as described in the filing; no cash was paid. The filing was made on March 24, 2026.
Key Details
- Transaction date: March 20, 2026; Form 4 filed March 24, 2026 (filed within the standard 2-business-day window).
- Reported awards (individual tranches): 79,324; 12,806; 18,066; 29,340; 97,541; 155,491; 249,382; 91,239 — total 733,189.
- Price: $0.00 reported (award/grant — no purchase price).
- Shares owned after transaction: Not specified in the provided excerpt; see the full Form 4 for post-transaction holdings.
- Transaction code: A = Grant/Award (derivative securities).
- Footnotes of note:
- F1: Each RSU represents a contingent right to receive one Class A share upon settlement.
- F2: RSU vesting: quarterly as to 1/16th of the RSU grant, beginning May 15, 2026, subject to continued service.
- F3–F4: Options vesting: price-conditional vesting through Feb 14, 2028 (tranches vest if NASDAQ price meets/exceeds exercise price during that period). Any unvested tranches after that period vest 6/16ths on Feb 15, 2028 and 1/16th quarterly thereafter through Aug 15, 2030, subject to continued service.
- No indication in this filing of immediate sale, tax-withholding, or a 10b5-1 plan.
Context These awards are compensation-related derivative grants (RSUs and stock-option tranches) rather than open-market purchases or sales. RSUs convert to actual shares when they settle at vesting dates; options only vest if price conditions are met during the specified "Price Vesting Period" or per the fallback schedule. Such grants are common for senior executives and reflect future compensation potential rather than an immediate cash investment or disposition. For full details (exact split between RSUs vs. options, total post-transaction holdings, and any additional terms), consult the complete Form 4 (Accession No. 0000950103-26-004600).
Insider Transaction Report
- Award
Restricted Stock Units (RSU) (Class A)
[F1][F2]2026-03-20+79,324→ 79,324 total→ Class A Common Stock (79,324 underlying) - Award
Stock Options (right to buy)
[F3][F4]2026-03-20+12,806→ 12,806 totalExercise: $1116.08Exp: 2031-03-19→ Class A Common Stock (12,806 underlying) - Award
Stock Options (right to buy)
[F3][F4]2026-03-20+18,066→ 18,066 totalExercise: $1393.87Exp: 2031-03-19→ Class A Common Stock (18,066 underlying) - Award
Stock Options (right to buy)
[F3][F4]2026-03-20+29,340→ 29,340 totalExercise: $1724.41Exp: 2031-03-19→ Class A Common Stock (29,340 underlying) - Award
Stock Options (right to buy)
[F3][F4]2026-03-20+97,541→ 97,541 totalExercise: $2114.87Exp: 2031-03-19→ Class A Common Stock (97,541 underlying) - Award
Stock Options (right to buy)
[F3][F4]2026-03-20+155,491→ 155,491 totalExercise: $2573.06Exp: 2031-03-19→ Class A Common Stock (155,491 underlying) - Award
Stock Options (right to buy)
[F3][F4]2026-03-20+249,382→ 249,382 totalExercise: $3107.44Exp: 2031-03-19→ Class A Common Stock (249,382 underlying) - Award
Stock Options (right to buy)
[F3][F4]2026-03-20+91,239→ 91,239 totalExercise: $3727.12Exp: 2031-03-19→ Class A Common Stock (91,239 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
- [F2]The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2026, subject to continued service through each vesting date.
- [F3]The stock options to acquire Issuer's Class A Common Stock (the "Options") vest and become exercisable as follows: from the date of grant up to and including February 14, 2028 (the "Price Vesting Period"), if the per share price of the Issuer's Class A Common Stock on NASDAQ meets or exceeds the per share exercise price relating to the applicable tranche of Options set forth above at any time during the Price Vesting Period, then each such tranche of Options will fully vest on such date, subject to the Reporting Person's continued service through each such date.
- [F4]Following the Price Vesting Period, any tranches of Options that did not vest during the Price Vesting Period will only vest with respect to 6/16ths of the total Options on February 15, 2028, and then 1/16th of the total Options quarterly thereafter, with the final 1/16th of the total Options vesting on August 15, 2030, with the vesting occurring equally across each tranche, subject to the Reporting Person's continued service through each such date.