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Meta Platforms, Inc.·4

Mar 24, 9:40 PM ET

Cox Christopher K 4

Research Summary

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Meta (META) CPO Christopher K. Cox Receives RSU and Option Awards

What Happened Christopher K. Cox, Chief Product Officer at Meta Platforms, was granted multiple derivative awards on March 20, 2026. The filing lists eight award tranches totaling 733,189 units (79,324; 12,806; 18,066; 29,340; 97,541; 155,491; 249,382; 91,239), all reported at $0.00 per unit (grant/award designation). The awards comprise restricted stock units (RSUs) and stock options rather than open-market purchases or sales — these are compensation grants, not cash transactions.

Key Details

  • Transaction date: March 20, 2026; Form 4 filed March 24, 2026 (filed on-time under the two-business-day rule).
  • Reported consideration: $0.00 per unit; total reported value on the form $0 (standard for grants/derivatives).
  • Total awards: 733,189 derivative units across eight tranches.
  • Shares owned after transaction: Not disclosed in the data provided.
  • Notable footnotes from the filing:
    • F1: Each RSU represents a contingent right to receive one share of Class A common stock upon settlement.
    • F2: RSUs vest quarterly at 1/16th of the total RSUs beginning May 15, 2026, subject to continued service.
    • F3: Options vest and become exercisable during a Price Vesting Period (through Feb 14, 2028) if share price thresholds are met; vesting tied to price and service.
    • F4: Any option tranches not vested during the Price Vesting Period have a time‑based vesting schedule thereafter (6/16ths on Feb 15, 2028, then 1/16th quarterly through Aug 15, 2030), subject to continued service.
  • No 10b5‑1 plan, tax‑withholding, or late‑filing notation was indicated in the provided summary.

Context These are compensation grants (RSUs and stock options), which are common for senior executives and reflect pay structure and future retention incentives rather than immediate buying or selling of shares. RSUs convert to shares upon vesting; options require meeting vesting and (for some tranches) price conditions before becoming exercisable. Such awards do not by themselves signal an insider's view on near‑term stock performance.