Arnold John Douglas 4
Research Summary
AI-generated summary
Meta (META) Director Arnold John Douglas Receives 612 RSUs
What Happened
Arnold John Douglas, a director of Meta Platforms, was granted 612 restricted stock units (RSUs) on 2026-06-15. The grant is reported as a derivative acquisition (code A) at $0.00 per unit — the RSUs are a contingent right to receive shares upon settlement rather than an immediate purchase of stock.
Key Details
- Transaction date: 2026-06-15 (Form 4 filed 2026-06-17). Filing appears timely.
- Security: 612 RSUs (each RSU = right to 1 share on settlement). Reported acquisition price: $0.00. Transaction type: Award/Grant (derivative).
- Shares owned following transaction: Not specified in the excerpt of the filing.
- Vesting/settlement notes: RSUs vest 100% on May 15, 2027, unless the 2027 Annual Meeting occurs earlier and the director does not stand for or is not re-elected — in that case they vest on the meeting date. The reporting person has deferred settlement under Meta’s Deferred Compensation Plan for Non‑Employee Directors. (See footnotes F1 and F2.)
Context
RSU grants to non-employee directors are a common form of compensation and represent a contingent right to future shares once vesting/settlement conditions are met; they are not an immediate cash purchase or sale. This grant does not by itself indicate buying or selling sentiment in the open market.