Elkann John 4

4 · Meta Platforms, Inc. · Filed Jun 17, 2026

AI-generated summary of this filing

Updated Jun 17, 2026

Meta (META) Director John Elkann Receives RSU Award

What Happened

John Elkann, a director of Meta Platforms, was granted 612 Restricted Stock Units (RSUs) on June 15, 2026. The grant is reported as a derivative award with a per-share price of $0.00 (typical for RSU grants); the units represent a contingent right to receive Class A common shares upon settlement. The RSUs have been deferred into Meta’s Deferred Compensation Plan for Non-Employee Directors.

Key Details

Transaction date: 2026-06-15 (Form 4 filed 2026-06-17).
Type: Award/Grant of RSUs (derivative), 612 RSUs @ $0.00.
Post-transaction holdings: Not specified in the provided filing excerpt.
Vesting: 100% vests on May 15, 2027, unless the 2027 Annual Meeting occurs earlier and Elkann does not stand for/re‑elected—then vesting occurs on the meeting date (see footnote).
Settlement: Elkann has deferred settlement under the Issuer’s Deferred Compensation Plan for Non‑Employee Directors.
Timeliness: Form 4 appears to have been filed promptly (no late‑filing flag).

Context

RSUs are contingent awards that convert to company shares upon vesting/settlement; because Elkann deferred settlement, he will not immediately receive shares or sale proceeds. Director RSU grants are routine compensation for non‑employee board members and do not, by themselves, signal a buy or sell decision in the open market.

Form 4

Period: 2026-06-15

Director

Transactions

Award
Restricted Stock Units (RSU) (Class A)
[F1][F2]
2026-06-15+612→ 612 total
→ Class A Common Stock (612 underlying)

Footnotes (2)

[F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
[F2]The RSUs vest as to 100% of the total RSUs on May 15, 2027; provided, however, in the event that (i) the Issuer's 2027 Annual Meeting of Shareholders is held prior to May 15, 2027; and (ii) the reporting person does not stand for re-election at, or is not re-elected at, the 2027 Annual Meeting of Shareholders (but the reporting person continues to serve on the Board until the date of such meeting), then 100% of the total RSUs shall vest on the date of the 2027 Annual Meeting of Shareholders. The reporting person has deferred the settlement of the RSUs pursuant to the Issuer's Deferred Compensation Plan for Non-Employee Directors.

Signature

/s/ Erin Guldiken, attorney-in-fact for John Elkann|2026-06-17

1 file