Meta Platforms (META) COO sells 517 shares in planned trade
Rhea-AI Filing Summary
Meta Platforms, Inc. Chief Operating Officer Javier Olivan reported selling 517 shares of Class A common stock on 01/26/2026 at $665 per share under a Rule 10b5-1 trading plan adopted on August 17, 2024. Following this planned sale, he beneficially owns 10,132 shares directly, plus additional indirect holdings through several LLCs and the Olivan Reinhold Family Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 517 | $665.00 | $344K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
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 January 26, 2026?
Javier Olivan reported selling 517 Meta Class A common shares on January 26, 2026 at $665 per share. The transaction was coded as a sale and reported as directly owned stock affected by a pre-arranged Rule 10b5-1 trading plan.
Was Javier Olivan’s META stock sale under a Rule 10b5-1 trading plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted on August 17, 2024. Such plans allow pre-scheduled trades, providing a structured way for insiders to sell shares over time.
What roles do family entities and a trust play in Javier Olivan’s META holdings?
According to the notes, Olivan or his spouse serve as managers or co-trustees of the LLCs and family trust. Shares are held of record by these entities, reflecting estate and ownership structuring for his Meta Class A common stock positions.
What is Javier Olivan’s position at Meta Platforms, Inc. as stated in the Form 4?
The Form 4 identifies Javier Olivan as an officer of Meta Platforms, Inc., serving as Chief Operating Officer. This role classifies him as a reporting person subject to Section 16 insider transaction disclosure requirements for Meta’s equity securities.