Killefer Nancy 4

What Happened

• Nancy Killefer, a director of Meta Platforms, had 600 restricted stock units (RSUs) vest and convert into 600 shares on May 15, 2026. The Form 4 shows an acquisition of 600 shares at $0.00 (derivative settlement) and a simultaneous disposition of 600 shares at $0.00. The filing reports no cash transaction value for these entries.

Key Details

• Transaction date: May 15, 2026. Transaction code: M (exercise or conversion of a derivative/security).
• Price reported: $0.00 per share; reported dollar value = $0.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 — shares acquired in settlement of the RSUs listed in Table II; F2 — each RSU equals the right to 1 Class A share; F3 — the RSUs vested 100% on May 15, 2026.
• Filing timeliness: Form filed May 19, 2026; this is within the standard two-business-day window and not marked late.

Context

• The M code indicates conversion/settlement of a derivative (here, RSUs). The filing shows both acquisition (settlement) and a matching disposition of the 600 shares; the document does not specify the reason for the disposition (e.g., tax withholding or sale). This type of RSU settlement is a routine equity-compensation event for insiders and does not by itself indicate a buy or sell decision in the open market.