Meta Platforms (META) COO pre-planned sale of 1,466 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms, Inc. Chief Operating Officer Javier Olivan reported indirect and direct open-market sales of Meta Class A Common Stock. On June 1, 2026, entities associated with him and his spouse, plus his direct account, sold a combined 1,466 shares at $629.29 per share pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on November 17, 2025.
Following these sales, reported holdings include 12,986 shares held directly, 83,965 shares held through the Olivan Reinhold Family Revocable Trust, 7,310 shares held by Reinhold D LLC, and 2,087 shares held by Olivan Reinhold D LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,466 shares ($922,539)
Net Sell
5 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
1,466 shs ($923K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 837 | $629.29 | $527K |
| Sale | Class A Common Stock | 82 | $629.29 | $52K |
| Sale | Class A Common Stock | 57 | $629.29 | $36K |
| Sale | Class A Common Stock | 82 | $629.29 | $52K |
| Sale | Class A Common Stock | 408 | $629.29 | $257K |
Holdings After Transaction:
Class A Common Stock — 12,986 shares (Direct, null);
Class A Common Stock — 7,310 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: 1,466 shares
Sale price per share: $629.29 per share
Direct holdings after sale: 12,986 shares
+3 more
6 metrics
Shares sold
1,466 shares
Total Meta Class A shares sold in open-market trades on June 1, 2026
Sale price per share
$629.29 per share
Price for each Meta Class A share sold on June 1, 2026
Direct holdings after sale
12,986 shares
Meta Class A shares held directly after June 1, 2026 transactions
Family trust holdings after sale
83,965 shares
Meta Class A shares held by Olivan Reinhold Family Revocable Trust after sale
Reinhold D LLC holdings after sale
7,310 shares
Meta Class A shares held by Reinhold D LLC after June 1, 2026
Olivan Reinhold D LLC holdings after sale
2,087 shares
Meta Class A shares held by Olivan Reinhold D LLC after June 1, 2026
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 financial
"The sale reported was effected pursuant to a Rule 10b5-1 trading plan"
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.
Class A Common Stock financial
"transactions involve Meta Class A Common Stock at $629.29 per share"
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 marked as indirect through trusts and LLCs"
Form 4 regulatory
"INSIDER FILING DATA (Form 4) 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.
FAQ
What insider transaction did Meta (META) COO Javier Olivan report?
Javier Olivan reported entities associated with him sold 1,466 Meta Class A shares in open-market trades at $629.29 on June 1, 2026. The filing shows both indirect sales via trusts and LLCs and direct sales from his personal holdings.
Was the Javier Olivan Meta (META) stock sale pre-planned?
Yes. The sale was executed under a Rule 10b5-1 trading plan adopted on November 17, 2025. Such plans pre-schedule trades, indicating these transactions followed an established timetable rather than ad hoc market timing decisions.
How is Javier Olivan’s Meta (META) ownership structured in this filing?
Ownership is split between direct and indirect holdings. Directly, he holds 12,986 shares. Indirectly, shares are reported through the Olivan Reinhold Family Revocable Trust, Reinhold D LLC, and Olivan Reinhold D LLC, where he and his spouse serve as managers or co-trustees.
What type of Meta (META) security was involved in Javier Olivan’s sale?
All reported transactions involve Meta Class A Common Stock. The filing shows five separate open-market sale entries on June 1, 2026, each priced at $629.29 per share, with different post-transaction balances for direct and indirect accounts.