Javier Olivan - Jan 22, 2024 Form 4 Insider Report for Meta Platforms, Inc. (META)

Signature
/s/ Erin Guldiken, attorney-in-fact for Javier Olivan
Stock symbol
META
Transactions as of
Jan 22, 2024
Transactions value $
-$3,500,100
Form type
4
Date filed
1/24/2024, 06:23 PM
Previous filing
Dec 1, 2023
Next filing
Jan 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction META Class A Common Stock Sale -$1.75M -4.5K -5.06% $387.80 84.4K Jan 22, 2024 Direct F1
transaction META Class A Common Stock Sale -$1.76M -4.5K -5.33% $390.00 79.9K Jan 22, 2024 Direct F1
holding META Class A Common Stock 8.62K Jan 22, 2024 By Olivan D LLC F2
holding META Class A Common Stock 3K Jan 22, 2024 By Olivan Reinhold D LLC F3
holding META Class A Common Stock 8.62K Jan 22, 2024 By Reinhold D LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 30, 2023.
F2 Shares held of record by the reporting person, manager of Olivan D LLC.
F3 Shares held of record by the reporting person and his spouse, managers of Olivan Reinhold D LLC.
F4 Shares held of record by the reporting person's spouse, manager of Reinhold D LLC.