Meta (NASDAQ: META) COO Olivan sells 1,555 shares under trading plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms, Inc. Chief Operating Officer Javier Olivan reported open-market sales of 1,555 shares of Class A Common Stock of META at $670.84 per share on April 27, 2026. The sales were made pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025.
After these transactions, Olivan holds 8,705 shares directly and continues to hold additional shares indirectly through family trusts and LLCs where he or his spouse serve as managers or co-trustees.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,555 shares ($1,043,156)
Net Sell
5 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
1,555 shs ($1.04M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 926 | $670.84 | $621K |
| Sale | Class A Common Stock | 82 | $670.84 | $55K |
| Sale | Class A Common Stock | 57 | $670.84 | $38K |
| Sale | Class A Common Stock | 82 | $670.84 | $55K |
| Sale | Class A Common Stock | 408 | $670.84 | $274K |
Holdings After Transaction:
Class A Common Stock — 8,705 shares (Direct, null);
Class A Common Stock — 7,720 shares (Indirect, By Olivan D LLC)
Footnotes (1)
- The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025. Shares held of record by the reporting person, manager of Olivan D LLC. Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC. Shares held of record by the reporting person's spouse, manager of Reinhold D LLC. 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.
Key Figures
Shares sold: 1,555 shares
Sale price per share: $670.84 per share
Direct holdings after sale: 8,705 shares
+3 more
6 metrics
Shares sold
1,555 shares
Total Class A shares sold on April 27, 2026
Sale price per share
$670.84 per share
Reported transaction price for each sale
Direct holdings after sale
8,705 shares
Direct Class A shares held following transactions
Trust holdings after sale
86,005 shares
Shares held by Olivan Reinhold Family Revocable Trust after sale
Reinhold D LLC holdings
7,720 shares
Shares held by Reinhold D LLC after sale
Olivan Reinhold D LLC holdings
2,372 shares
Shares held by Olivan Reinhold D LLC after sale
Key Terms
Rule 10b5-1 trading plan, open-market sale, Class A Common Stock, indirect ownership, +1 more
5 terms
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", "transaction_code_description": "Sale in open market or private transaction""
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.
Class A Common Stock financial
""security_title": "Class A Common Stock""
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.
indirect ownership financial
""ownership_type": "indirect", "direct_or_indirect": "I""
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
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.
FAQ
What insider transactions did META COO Javier Olivan report on this Form 4 for Meta (META)?
META COO Javier Olivan reported open-market sales of 1,555 Class A shares at $670.84 per share. These transactions occurred on April 27, 2026 and were executed under a pre-arranged Rule 10b5-1 trading plan.
What types of transactions are shown in Javier Olivan’s Meta (META) Form 4 filing?
All reported transactions are non-derivative open-market sales of Class A Common Stock. The filing lists five separate sale entries, each coded “S”, reflecting open-market or private sale transactions rather than option exercises, gifts, or tax withholdings.