Olivan Javier 4

What Happened Javier Olivan, Chief Operating Officer of Meta Platforms (META), sold a total of 1,555 shares in open-market transactions on March 16, 2026. The sales were executed at $632.02 per share across five transactions (926, 82, 57, 82, and 408 shares), resulting in total proceeds of approximately $982,792. These were sales (not purchases), and the filing indicates they were effected pursuant to a pre-established trading plan.

Key Details

• Transaction date: March 16, 2026; Report filed: March 18, 2026 (filed timely).
• Price per share: $632.02; Total shares sold: 1,555; Total proceeds: ~$982,792.
• Method: Open-market sales (transaction code S).
• Shares owned after transaction: Not specified in the provided filing summary.
• Notable footnotes:
  • F1: Sales were made under a Rule 10b5-1 trading plan adopted by Olivan on Nov 17, 2025 (pre-arranged plan).
  • F2–F5: Several holdings are reported of record by entities and trusts (Olivan D LLC, Olivan Reinhold D LLC, Reinhold D LLC, and the Olivan Reinhold Family Revocable Trust), with the reporting person and spouse named as managers/co-trustees.

Context Sales executed under a Rule 10b5-1 plan are typically pre-arranged and can be routine liquidity events rather than direct signals about the insider’s current view of the company. For retail investors, purchases generally carry more direct informational weight than scheduled or planned sales. This filing reports straightforward open-market disposals; no options exercise, gift, or tax-withholding items are indicated in the provided details.