Meta (META) CTO Andrew Bosworth Exercises RSUs; 8,127 Shares Withheld

What Happened
Andrew (Andy) Bosworth, Chief Technology Officer of Meta Platforms (META), had RSUs convert into 16,389 shares of Class A common stock on August 15, 2026 (reported on Form 4 filed Aug 18, 2026). Of those shares, 8,127 were withheld by the issuer to cover income tax withholding obligations at $589.85 per share, for a withholding value of $4,793,711. The remaining 8,262 shares were delivered to him. Transaction codes: M = conversion/exercise of derivative (RSU settlement); F = shares withheld for taxes.

Key Details

• Transaction date: August 15, 2026; Form 4 filed August 18, 2026 (no late-filing notation provided).
• Converted/Issued: 16,389 shares (sum of four RSU tranches: 6,791; 1,960; 2,680; 4,958).
• Withheld for taxes: 8,127 shares at $589.85/share = $4,793,711 (issuer withholding; not an open-market sale).
• Net delivered to insider: 8,262 shares.
• Shares owned after transaction: not disclosed in the provided excerpt.
• Relevant footnotes: F1 = issuer withheld shares to satisfy tax withholding (not a sale); F2–F6 = each RSU converts to 1 share and describe differing quarterly vest schedules for the grants.

Context

• This was a settlement of RSUs (derivative conversion), not a market purchase or open-market sale. The withholding was a net settlement to cover taxes — a routine administrative step rather than an indication of selling pressure.
• For retail investors, purchases by insiders can be more informative than routine vesting/withholding; this filing documents compensation settlement and related tax withholding.