Meta Platforms COO Javier Olivan Files Form 144 to Sell $1.18M in Shares Under 10b5-1 Plan

Executive Summary

On September 28, 2026, Javier Olivan, Officer (Chief Operating Officer) of Meta Platforms, Inc. ($META), filed a Form 144 notice of proposed sale covering 1,575 shares of Class A Common Stock with an estimated aggregate market value of $1,180,966.00 ($749.82 per share).

Transaction Details

• Securities to be Sold: 1,575 Class A Common Shares
• Aggregate Market Value: $1,180,966.00
• Approximate Sale Date: September 28, 2026
• Broker: Charles Schwab & Co., Inc.
• Source of Shares: Restricted Stock Unit (RSU) lapses between February 2017 and November 2025 awarded as equity compensation.
• Trading Plan: Executed pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025.

Prior 3-Month Activity

Over the past three months, the filer has executed recurring sales under the same 10b5-1 trading schedule:

• 07/06/2026: 5,235 shares ($3,145,422.00)
• 07/13/2026: 2,163 shares ($1,429,787.00)
• 07/20/2026: 1,466 shares ($946,816.00)
• 07/27/2026: 1,466 shares ($891,108.00)
• 08/10/2026: 1,692 shares ($1,016,373.00)
• 09/08/2026: 5,354 shares ($3,301,175.00)
• 09/14/2026: 1,575 shares ($1,035,925.00)
• 09/21/2026: 1,575 shares ($1,071,425.00)

Market Impact & Significance

The transaction significance is rated Low. The proposed disposition represents a minuscule fraction of Meta's 2.2+ billion shares outstanding and is carried out under a pre-established Rule 10b5-1 trading plan adopted well in advance, reflecting standard executive portfolio diversification rather than discretionary market timing.