Meta (NASDAQ: META) COO logs Rule 10b5-1 stock sale and holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meta Platforms Chief Operating Officer Javier Olivan reported selling 517 shares of Meta Class A common stock at $714.60 per share on February 2, 2026, in an open-market transaction coded "S". This sale was carried out under a Rule 10b5-1 trading plan that he adopted on August 17, 2024, indicating the trade was pre-arranged.
After the sale, Olivan directly held 9,615 Class A shares. He also reported indirect holdings through several entities, including 8,622 shares held by Olivan D LLC and 90,493 shares held by the Olivan Reinhold Family Revocable Trust u/a/d 10/16/12, where he and his spouse serve as co-trustees.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 517 shares ($369,448)
Net Sell
5 txns
Insider
Olivan Javier
Role
Chief Operating Officer
Sold
517 shs ($369K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 517 | $714.60 | $369K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 9,615 shares (Direct);
Class A Common Stock — 8,622 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 August 17, 2024. 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.
FAQ
What insider transaction did META COO Javier Olivan report on this Form 4?
Javier Olivan reported selling 517 shares of Meta Platforms Class A common stock at $714.60 per share on February 2, 2026. The transaction was an open-market sale coded “S” and reduced his directly held shares to 9,615.
What is Javier Olivan’s role at Meta Platforms (META)?
The filing identifies Javier Olivan as an officer of Meta Platforms with the title Chief Operating Officer. His position makes him a Section 16 reporting person, requiring disclosure of transactions in Meta Class A common stock on Form 4.