Andreessen Horowitz Fund VIII Proposes $12.8M Share Sale in Meta Platforms ($META)

Executive Summary

On November 2, 2026, Andreessen Horowitz Fund VIII, L.P., identified as a 10% Stockholder of Meta Platforms, Inc. ($META), filed a Form 144 notice of proposed sale covering 20,951 Class A common shares with an aggregate market value of approximately $12.78 million.

Transaction Details

• Filer: Andreessen Horowitz Fund VIII, L.P.
• Relationship: 10% Stockholder
• Class of Securities: Class A Common Stock
• Proposed Sale Date: November 2, 2026
• Shares to Sell: 20,951 shares
• Aggregate Market Value: $12,780,110.00 (approx. $610.00 per share)
• Shares Outstanding: 2,214,472,367
• Broker: Raymond James and Associates, Inc.
• Origin of Shares: Acquired directly from Meta Platforms, Inc. on August 4, 2025, in connection with the "Waveforms Acquisition" via cash consideration.
• Past 3 Months Activity: The filer reported no other securities sold during the preceding three months.

Significance & Market Impact

• Impact on Float: The proposed sale represents less than 0.001% of Meta's total Class A shares outstanding (2.21 billion shares), presenting negligible dilution or supply pressure.
• Significance Rating: Medium. While the transaction value of $12.8M is sizable in absolute terms, it represents routine portfolio liquidity and post-acquisition disposition by a venture capital fund rather than a directional signal on Meta's underlying operational outlook.