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Meta Platforms, Inc.·4

Mar 24, 9:38 PM ET

Olivan Javier 4

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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).