Olivan Javier 4
4 · Meta Platforms, Inc. · Filed Jul 8, 2026
Research Summary
AI-generated summary of this filing
Meta (META) COO Javier Olivan Sells 5,235 Shares
What Happened
- Javier Olivan, Chief Operating Officer of Meta Platforms (META), sold a total of 5,235 shares in open-market transactions on July 6, 2026, generating approximately $3,145,421 in proceeds. Individual lots traded at prices around $600–$603, with reported weighted-average prices per lot between $600.00 and $603.14.
- This was a sale (not a purchase or option exercise). The filing notes the trades were effected pursuant to a Rule 10b5-1 trading plan adopted November 17, 2025, which typically indicates preplanned, routine sales.
Key Details
- Transaction date: July 6, 2026; Form 4 filed July 8, 2026 (filed within the standard reporting window).
- Total shares sold: 5,235; total proceeds: ~$3.15 million.
- Reported prices: weighted-average prices per lot from $600.00 to $603.14; underlying price ranges cited in footnotes span roughly $600.00–$603.05 across different lots.
- Footnotes: F1 confirms a 10b5-1 plan (adopted 11/17/2025). Several footnotes (F2–F4, F8, F10, F11) indicate the reported prices are weighted averages and provide price ranges for the individual executions. Other footnotes (F5–F9) reference holdings held of record by related entities/spouse/trusts.
- Shares owned after the reported sales are not provided in the data shown here (see the full Form 4 for post-transaction holdings and exact breakdowns).
Context
- Sales executed under a Rule 10b5-1 plan are prearranged and often reflect routine diversification or liquidity needs rather than an immediate change in the insider’s view of the company; they are common among executives.
- For retail investors, purchases typically carry clearer positive signals than routine sales. This filing is informational—no inference about company fundamentals should be drawn from a single planned sale.
Insider Transaction Report
Form 4
Olivan Javier
Chief Operating Officer
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-07-06$600.40/sh−2,076$1,246,437→ 10,770 total - Sale
Class A Common Stock
[F1][F3]2026-07-06$601.45/sh−816$490,779→ 9,954 total - Sale
Class A Common Stock
[F1][F4]2026-07-06$602.63/sh−376$226,588→ 9,578 total - Sale
Class A Common Stock
[F1]2026-07-06$603.14/sh−80$48,251→ 9,498 total - Sale
Class A Common Stock
[F1][F5]2026-07-06$600.00/sh−246$147,600→ 6,900 total(indirect: By LLC) - Sale
Class A Common Stock
[F1][F6]2026-07-06$600.00/sh−171$102,600→ 1,802 total(indirect: By LLC) - Sale
Class A Common Stock
[F1][F7]2026-07-06$600.00/sh−246$147,600→ 6,900 total(indirect: By LLC) - Sale
Class A Common Stock
[F1][F8][F9]2026-07-06$600.32/sh−736$441,835→ 82,413 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F10][F9]2026-07-06$601.44/sh−314$188,853→ 82,099 total(indirect: By Trust) - Sale
Class A Common Stock
[F1][F11][F9]2026-07-06$602.75/sh−174$104,878→ 81,925 total(indirect: By Trust)
Footnotes (11)
- [F1]The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025.
- [F10]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.09 to $601.91 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F11]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $602.28 to $603.05 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.00 to $600.98 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.04 to $601.94 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $602.08 to $602.95 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]Shares held of record by the reporting person, manager of Olivan D LLC.
- [F6]Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.
- [F7]Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.
- [F8]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.00 to $600.94 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F9]Shares held of record by the reporting person and his spouse, Co-Trustees of the Olivan Reinhold Family Revocable Trust u/a/d 10/16/12.
Signature
/s/ Erin Guldiken, attorney-in-fact for Javier Olivan|2026-07-08