Meta COO Javier Olivan Files Form 144 to Sell $967K in Class A Common Stock

Form 144 Overview: Meta Platforms, Inc. ($META)

Transaction Summary

On November 2, 2026, Meta Platforms officer Javier Olivan filed a Form 144 declaring the intent to sell 1,575 shares of Class A Common Stock with an estimated aggregate market value of $967,286.00 through Charles Schwab & Co., Inc. The approximate date of sale is noted as November 2, 2026.

Source of Shares

The 1,575 shares slated for sale were acquired via multiple Restricted Stock Unit (RSU) lapses as part of equity compensation:

• 57 shares acquired on 02/15/2017
• 82 shares acquired on 05/15/2019
• 82 shares acquired on 11/15/2019
• 408 shares acquired on 02/15/2024
• 946 shares acquired on 08/15/2026

Trading Plan & Historical Context

• Rule 10b5-1 Plan: The filing confirms the sale is executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on November 17, 2025.
• Past 3 Months Selling Activity: Olivan has executed consistent weekly sales of 1,575 shares (along with larger tranches in August and September 2026), generating over $12 million in gross proceeds over the trailing three months.

Market & Governance Significance

Because this sale represents a small fraction of the issuer's outstanding shares (2,214,472,367 Class A shares outstanding) and is executed under a pre-scheduled Rule 10b5-1 plan, it represents routine liquidity management rather than a discretionary signal on company outlook. Therefore, the trading significance is rated Low.