STOCK TITAN

Meta Platforms (NASDAQ: META) director sells 580 shares under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Meta Platforms, Inc. director Robert M. Kimmitt reported an open-market sale of 580 shares of Class A common stock at $667.00 per share on April 15, 2026. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 15, 2025. Following this sale, he directly holds 3,847 shares.

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Insider KIMMITT ROBERT M
Role Director
Sold 580 shs ($387K)
Type Security Shares Price Value
Sale Class A Common Stock 580 $667.00 $387K
Holdings After Transaction: Class A Common Stock — 3,847 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares sold 580 shares Open-market sale of Class A common stock on April 15, 2026
Sale price $667.00 per share Execution price for the reported transaction
Shares held after sale 3,847 shares Direct holdings following the transaction
Transaction code S Open-market or private sale of non-derivative securities
Plan adoption date August 15, 2025 Adoption date of Rule 10b5-1 trading plan used for the sale
Rule 10b5-1 trading plan regulatory
"The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: open-market sale of Class A Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"reported in a Form 4 insider transaction for Meta Platforms, Inc."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Class A Common Stock financial
"security_title is listed as Class A Common Stock for this transaction"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
KIMMITT ROBERT M

(Last)(First)(Middle)
C/O META PLATFORMS, INC.
1 META WAY

(Street)
MENLO PARK CALIFORNIA 94025

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Meta Platforms, Inc. [ META ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock04/15/2026S(1)580D$6673,847D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 15, 2025.
/s/ Erin Guldiken, attorney-in-fact for Robert M. Kimmitt04/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did META director Robert M. Kimmitt report?

Robert M. Kimmitt reported an open-market sale of 580 shares of Meta Platforms Class A common stock. The sale occurred at a price of $667.00 per share, and it is disclosed in a Form 4 insider trading report.

At what price did META director Robert M. Kimmitt sell his shares?

He sold 580 shares of Meta Platforms Class A common stock at $667.00 per share. This price reflects the execution level for the reported open-market transaction on April 15, 2026, as shown in the Form 4 filing.

How many META shares does Robert M. Kimmitt hold after this sale?

After the reported sale, Robert M. Kimmitt directly holds 3,847 shares of Meta Platforms Class A common stock. This post-transaction holding figure comes directly from the Form 4 and reflects his remaining direct ownership.

Was the META insider sale by Robert M. Kimmitt under a Rule 10b5-1 plan?

Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted on August 15, 2025. Such plans allow pre-scheduled trades, indicating the timing was set in advance rather than decided at the moment.

What type of security did META director Robert M. Kimmitt sell?

He sold Meta Platforms Class A common stock, as specified in the Form 4. The transaction involved 580 non-derivative shares in an open-market sale, with direct ownership reported both before and after the transaction.