Xu Tony 4

What Happened
Tony Xu, a director of Meta Platforms, was granted 612 restricted stock units (RSUs) on 2026-06-15. The units are reported as a derivative award (acquisition code A) at a $0.00 price — i.e., no cash purchase. The award represents a contingent right to receive 612 shares of Meta Class A common stock upon settlement.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (appears timely — within the usual two business days).
• Award size and price: 612 RSUs, $0.00 per unit (derivative award). Total immediate cash value reported: $0.
• Post-transaction holdings: Not specified in the provided filing details.
• Vesting terms: RSUs vest 100% on May 15, 2027, unless the 2027 Annual Meeting occurs earlier and the director does not stand for re-election or is not re-elected (while continuing to serve through the meeting) — in that case, all RSUs vest on the meeting date. (See footnotes F1 & F2.)
• No 10b5-1 plan, tax-withholding, cashless exercise, or sale was indicated in the filing.

Context
RSUs are a common form of equity compensation for directors and represent a future right to shares contingent on vesting conditions; they are not an open-market purchase or sale and do not by themselves signal a trading view. The award will convert into actual shares only upon satisfaction of the vesting condition(s) described above.