Bosworth Andrew 4

What Happened

• Andrew (Andy) Bosworth, Chief Technology Officer of Meta Platforms, received multiple equity awards on 2026-03-20 totaling 733,189 units (grants reported at $0.00 per unit). The filing lists these as derivative awards (RSUs and/or stock options) that represent contingent rights to equity rather than open-market purchases or sales.
• The grants were reported as eight tranches: 79,324; 12,806; 18,066; 29,340; 97,541; 155,491; 249,382; and 91,239 units (total 733,189). No cash was paid at grant; value will depend on future settlement/stock price and vesting conditions.

Key Details

• Transaction date: March 20, 2026. Form 4 filed March 24, 2026 (four days after the transaction).
• Reported price: $0.00 (award/grant). Transaction code: A (award/acquisition of derivative).
• Shares/units granted (by tranche): 79,324; 12,806; 18,066; 29,340; 97,541; 155,491; 249,382; 91,239 (total 733,189).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes of note:
  • F1: Each RSU equals a contingent right to receive 1 share of Class A common stock on settlement.
  • F2: RSUs (where applicable) vest quarterly as to 1/16th beginning May 15, 2026, subject to continued service.
  • F3–F4: Options (where applicable) include a price‑vesting period through Feb 14, 2028 (vesting if stock meets/exceeds tranche exercise price during that period); remaining unvested tranches follow a time‑based vesting schedule from Feb 15, 2028 through Aug 15, 2030.
• Late filing note: The Form 4 was filed 4 days after the reported transaction date; Form 4s are normally due within two business days—investors can check the SEC record for any late‑filing designation.

Context

• RSUs: These are contingent rights to shares that settle if/when vesting conditions are met; they do not represent immediate cash or sales.
• Stock options: Some tranches vest only if Meta’s stock reaches or exceeds specified exercise prices during a defined price‑vesting window; otherwise remaining options vest on a time schedule.
• Interpretation: Awards are routine compensation tools for executives. They are not the same as purchases (which some investors view as a bullish signal) nor sales (which can be liquidity events).