Xu Tony 4

What Happened
Tony Xu, a director of Meta Platforms, had 600 Restricted Stock Units (RSUs) vest on May 15, 2026. The Form 4 reports a conversion/exercise (transaction code M) that resulted in the acquisition of 600 shares of Class A common stock at $0.00 and a simultaneous reported disposition of 600 derivative units at $0.00. Footnotes state each RSU converts to one share and that the RSUs vested 100% on May 15, 2026.

Key Details

• Transaction date: 2026-05-15; Form 4 filed: 2026-05-19 (Period of Report: 2026-05-15).
• Price: $0.00 per share for both acquired and disposed entries (reflects RSU settlement/conversion, not an open-market purchase).
• Shares acquired: 600; shares disposed: 600.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1–F3 confirm these were RSUs that vested and converted to shares (1 RSU = 1 share; vested 100% on 5/15/2026).
• Transaction code: M (exercise/conversion of a derivative security). No 10b5-1 plan or tax-withholding detail is provided in the excerpt.

Context
This filing reflects RSU vesting and conversion into shares rather than an open-market buy or a discretionary sale. Matched acquisition and disposition entries are common with RSU settlements (for example, if shares are withheld or transferred as part of settlement or tax procedures); the filing itself does not state the reason for the disposition. The report is informational for investors tracking insider equity grants and conversions.