Meta Platforms COO Javier Olivan Sells $1.18M in Stock Under 10b5-1 Plan

Executive Insider Transaction Overview

Meta Platforms, Inc. Chief Operating Officer Javier Olivan reported open-market sales of 1,575 shares of Class A Common Stock on September 28, 2026, generating gross proceeds of approximately $1,180,966.44.

Breakdown of Transactions:

• Direct Ownership: 946 shares sold at $750.425 per share ($709,902.05), leaving 8,824 direct shares held.
• Olivan D LLC: 82 shares sold at $748.91 per share ($61,410.62), leaving 5,916 shares.
• Olivan Reinhold D LLC: 57 shares sold at $748.91 per share ($42,687.87), leaving 1,118 shares.
• Reinhold D LLC: 82 shares sold at $748.91 per share ($61,410.62), leaving 5,916 shares.
• Olivan Reinhold Family Revocable Trust: 408 shares sold at $748.91 per share ($305,555.28), leaving 77,029 shares.

Key Takeaways:

• Rule 10b5-1 Trading Plan: All transactions were conducted pursuant to a pre-established Rule 10b5-1 plan adopted on November 17, 2025, removing executive discretion over timing and pricing.
• Trading Significance: Low. The disposition represents a routine, scheduled sale representing a tiny portion of the executive's combined direct and indirect holdings across family entities.