Christopher K. Cox - Sep 23, 2024 Form 4 Insider Report for Meta Platforms, Inc. (META)

Signature
/s/ Erin Guldiken, attorney-in-fact for Christopher K. Cox
Stock symbol
META
Transactions as of
Sep 23, 2024
Transactions value $
-$5,699,300
Form type
4
Date filed
9/25/2024, 06:07 PM
Previous filing
Sep 23, 2024
Next filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction META Class A Common Stock Sale -$5.7M -10K -2.95% $569.93 329K Sep 23, 2024 Christopher K. Cox Revocable Trust F1, F2
holding META Class A Common Stock 55K Sep 23, 2024 Cox-Vadakan Irrevocable Remainder Trust F3
* 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 April 26, 2024.
F2 Shares held of record by Christopher K. Cox, Trustee of The Christopher K. Cox Revocable Trust.
F3 Shares held of record by Christopher K. Cox and Visra Vichit-Vadakan, Co-Trustees of The Cox-Vadakan Irrevocable Remainder Trust.