Olivan Javier 4

What Happened
Javier Olivan, Chief Operating Officer of Meta Platforms, sold a total of 1,398 shares in five open-market transactions on 2026-06-15 at $600.00 per share, for aggregate proceeds of $838,800. The individual trades were: 140 shares ($84,000), 164 shares ($98,400), 114 shares ($68,400), 164 shares ($98,400), and 816 shares ($489,600). These were dispositions (sales), which are often routine cash-raising or scheduled transactions rather than a direct buy signal.

Key Details

• Transaction date and prices: 2026-06-15; all sales at $600.00 per share.
  • 140 sh — $84,000
  • 164 sh — $98,400
  • 114 sh — $68,400
  • 164 sh — $98,400
  • 816 sh — $489,600
• Total shares sold: 1,398; total proceeds: $838,800.
• Filing date: Form 4 filed 2026-06-17 reporting the 2026-06-15 trades; the provided filing does not indicate a late-file designation.
• Notable footnotes:
  • F1: Sales effected pursuant to a Rule 10b5-1 trading plan adopted Nov 17, 2025 (pre‑scheduled plan).
  • F2–F5: Various holdings are held of record by entities and trusts managed or co‑managed by the reporting person and spouse (Olivan D LLC, Olivan Reinhold D LLC, Reinhold D LLC, Olivan Reinhold Family Revocable Trust). The filing excerpt does not list the post-transaction share count attributable to these records.

Context
Trades made under a Rule 10b5-1 plan are prearranged and commonly executed regardless of short-term views on the stock; such sales are often routine and do not necessarily signal a change in the insider’s outlook. For retail investors, purchases by insiders tend to be more informative than sales; this filing documents a scheduled disposition by a senior executive rather than an acquisition.