Killefer Nancy 4
Research Summary
AI-generated summary
Meta Director Nancy Killefer Receives 612 RSUs
What Happened
Nancy Killefer, a director of Meta Platforms, was granted 612 restricted stock units (RSUs) on June 15, 2026. The grant is reported as an award/acquisition (derivative) with an acquisition price of $0.00 — i.e., these are compensation RSUs, not an open-market purchase. The RSUs represent the contingent right to receive 1 share of Class A common stock per RSU upon settlement.
Key Details
- Transaction date: 2026-06-15; Form 4 filed 2026-06-17 (appears timely under the usual 2‑business‑day rule).
- Transaction type/code: Award/Grant (A); 612 RSUs granted at $0.00.
- Ownership after transaction: Not disclosed in this filing.
- Footnotes:
- F1 — Each RSU converts to 1 share of Meta Class A common stock upon settlement.
- F2 — Vesting: 100% of the RSUs vest on May 15, 2027, unless the 2027 Annual Meeting occurs earlier and the director is not standing for or not re-elected (but continues to serve until that meeting), in which case they vest on the meeting date.
- No sale or exercise reported; this is a compensation grant (derivative award), not a purchase or sale.
Context
RSUs are a common form of director compensation and grant a future right to stock upon vesting/settlement; they do not represent immediately tradable shares. Because these were granted (not bought or sold), the transaction is not a direct bullish or bearish signal about the director’s view of the stock — it’s compensation that will convert to shares when vesting conditions are met.