Andreessen Marc L 4
Research Summary
AI-generated summary
Meta Director Marc Andreessen Receives 490 RSU Award
What Happened
Marc L. Andreessen, a director of Meta Platforms, Inc. (META), was granted 490 Restricted Stock Units (RSUs) on June 15, 2026. The RSUs are derivative awards representing the contingent right to receive one share of Meta Class A common stock per RSU upon settlement. Grant price listed is $0.00, so no cash purchase was made — this is a compensation award, not an open-market buy.
Key Details
- Transaction date: 2026-06-15; Form 4 filed 2026-06-17 (timely filing).
- Grant: 490 RSUs (derivative award), grant price $0.00, reported value $0 at acquisition.
- Shares owned after transaction: not specified in this filing.
- Footnote F1: Each RSU converts to one share of Class A common stock upon settlement.
- Footnote F2: Vesting — 100% of these RSUs vest on May 15, 2027; however, if the 2027 Annual Meeting occurs before May 15, 2027 and Andreessen does not stand for or is not re-elected (but continues to serve until that meeting), then all RSUs will vest on the date of that meeting.
Context
This is a standard director compensation award (not a market purchase or sale). RSUs are contingent until vested and settled; they do not immediately increase tradable shares until converted to stock. Such grants are routine for board service and should be viewed as compensation rather than a direct market signal.