Meta Platforms COO Javier Olivan Sells $1.15M in Class A Shares Under Rule 10b5-1 Plan

Executive Summary

On October 12, 2026, Javier Olivan, Chief Operating Officer of Meta Platforms, Inc. (META), disposed of an aggregate of 1,575 shares of Class A Common Stock at an execution price of $728.10 per share. The transactions amounted to a gross total consideration of approximately $1,146,758. The sales were split across direct holdings and multiple family investment and trust vehicles.

Detailed Breakdown of Transactions

All transactions took place on October 12, 2026, at a uniform price of $728.10 per share under transaction code S:

• Direct Ownership: 946 shares sold; 6,932 shares remaining directly held.
• Olivan D LLC: 82 shares sold; 5,752 shares remaining.
• Olivan Reinhold D LLC: 57 shares sold; 1,004 shares remaining.
• Reinhold D LLC: 82 shares sold; 5,752 shares remaining.
• Olivan Reinhold Family Revocable Trust: 408 shares sold; 76,213 shares remaining.

Following these dispositions, Mr. Olivan continues to beneficially own 95,653 shares across direct and indirect holdings.

Context and Trading Plan Details

Footnote 1 indicates that each transaction was executed under a Rule 10b5-1 trading plan established on November 17, 2025. Because these sales were conducted automatically under an established trading schedule adopted nearly a year prior, they do not reflect immediate executive sentiment or discretionary market timing.

Market and Governance Assessment

• Trading Significance: Low
• The disposed volume represents a very small fraction of the executive's total equity exposure to Meta Platforms.
• Scheduled liquidations under established 10b5-1 plans are common among senior leadership for estate planning, tax obligations, and portfolio diversification.