Andreessen Marc L 4

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).