Andreessen Marc L 4
4 · Meta Platforms, Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Meta (META) Director Marc Andreessen Converts 480 RSUs to Shares
What Happened
Marc Andreessen, a director of Meta Platforms, had 480 Restricted Stock Units (RSUs) vest and be converted into 480 shares on May 15, 2026 (reported as derivative exercise/conversion, code M). The Form 4 shows an "acquired" entry for 480 shares at $0.00 and a simultaneous "disposed" entry for 480 shares 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: May 15, 2026; Form filed May 19, 2026 (filed within required reporting window).
- Entries: 480 shares acquired @ $0.00 (conversion of RSUs) and 480 shares disposed @ $0.00 (derivative).
- Shares owned after the transaction: not specified in the provided excerpt — see the Form 4 filing for total holdings and ownership breakdown.
- Notable footnotes: F1/F5/F6 confirm these were RSU settlements (1 RSU = 1 share; RSUs vested 100% on 5/15/2026). Other footnotes note shares held of record by related trusts/funds (LAMA Community Trust; Andreessen Horowitz fund entities) and describe voting/dispositive arrangements.
- Filing timeliness: Report filed May 19 for a May 15 transaction — timely under Form 4 rules.
Context
- Code M indicates exercise or conversion of a derivative instrument; here it reflects RSU settlement into shares. The $0.00 price is typical for RSU settlements (no exercise price).
- The Form shows a same-day disposition of the converted shares; filings often reflect administrative transfers (e.g., tax withholding or transfers to trusts/funds) as well as sales — the excerpt does not state the specific reason for the disposition.
- This activity documents compensation settlement rather than an open-market purchase or sale by the director and should be interpreted accordingly. For full holdings and disposition details, consult the complete Form 4 (Accession 0000950103-26-007470).
Insider Transaction Report
Form 4
Andreessen Marc L
Director
Transactions
- Exercise/Conversion
Class A Common Stock
[F1][F2]2026-05-15+480→ 49,253 total(indirect: By Trust) - Exercise/Conversion
Restricted Stock Units (RSU) (Class A)
[F5][F6]2026-05-15−480→ 0 total→ Class A Common Stock (480 underlying)
Holdings
- 212,531(indirect: By Andreessen Horowitz Fund VIII, L.P.)
Class A Common Stock
[F3][F4]
Footnotes (6)
- [F1]Represents the number of shares that were acquired in connection with the settlement of the Restricted Stock Units ("RSUs") listed in Table II.
- [F2]Shares held of record by the LAMA Community Trust, of which the Reporting Person and his spouse are trustees.
- [F3]Shares held of record by Andreessen Horowitz Fund VIII, L.P., for itself and as nominee for Andreessen Horowitz Fund VIII-B, L.P., AH 2022 Annual Fund, L.P., AH 2022 Annual Fund-B, L.P., AH 2022 Annual Fund-QC, L.P. and CLF Partners III, LP (collectively the "AH Fund VIII Entities").
- [F4]AH Equity Partners VIII, L.L.C. ("AH EP VIII"), the general partner of the AH Fund VIII Entities, may be deemed to have sole voting and dispositive power over the shares held by the AH Fund VIII Entities. The Reporting Person and Benjamin Horowitz are the managing members of AH EP VIII and may be deemed to have shared voting and dispositive power over the shares held by the AH Fund VIII Entities. The Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the securities held by the AH Fund VIII Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities, except to the extent of his pecuniary interest therein, if any.
- [F5]Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
- [F6]The RSUs vested as to 100% of the total RSUs on May 15, 2026.
Signature
/s/ Erin Guldiken, attorney-in-fact for Marc L. Andreessen|2026-05-19