Susan J. Li - 27 Feb 2026 Form 4 Insider Report for Meta Platforms, Inc. (META)

Reporting relationship: Chief Financial Officer
Issuer ticker: META
Reported as of: 27 Feb 2026
Net transaction value: -$36,471,144
SEC form: 4
Accepted by SEC: 03 Mar 2026, 18:23:59 UTC
Prior SEC filing: 26 Feb 2026
Next SEC filing: 24 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Erin Guldiken, attorney-in-fact for Susan J. Li

Key filing fact

Susan J. Li filed Form 4 for Meta Platforms, Inc. (META) on 03 Mar 2026.

Key facts

This page summarizes Susan J. Li's Form 4 filing for Meta Platforms, Inc. (META).
10 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 03 Mar 2026, 18:23.

Change

Previous filing in this sequence was filed on 26 Feb 2026.
Current net transaction value: -$36,471,144.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001739092 Primary reporting owner

LI SUSAN J

Relationship: Chief Financial Officer
Address: C/O META PLATFORMS, INC., 1 META WAY, MENLO PARK
Signature: /s/ Erin Guldiken, attorney-in-fact for Susan J. Li
Signature date: 03 Mar 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

META transaction

Class A Common Stock

Sale

Transaction value: $912,791
Shares: -1,426
Change %: -2.5%
Price: $640.11
Shares after: 55,145
Date: 27 Feb 2026
Ownership: Li-Hegeman Family Foundation
Footnotes: F1, F2, F3

META transaction

Class A Common Stock

Sale

Transaction value: $2,677,706
Shares: -4,176
Change %: -7.6%
Price: $641.21
Shares after: 50,969
Date: 27 Feb 2026
Ownership: Li-Hegeman Family Foundation
Footnotes: F1, F3, F4

META transaction

Class A Common Stock

Sale

Transaction value: $3,542,089
Shares: -5,515
Change %: -11%
Price: $642.26
Shares after: 45,454
Date: 27 Feb 2026
Ownership: Li-Hegeman Family Foundation
Footnotes: F1, F3, F5

META transaction

Class A Common Stock

Sale

Transaction value: $4,755,047
Shares: -7,392
Change %: -16%
Price: $643.27
Shares after: 38,062
Date: 27 Feb 2026
Ownership: Li-Hegeman Family Foundation
Footnotes: F1, F3, F6

META transaction

Class A Common Stock

Sale

Transaction value: $4,336,828
Shares: -6,733
Change %: -18%
Price: $644.12
Shares after: 31,329
Date: 27 Feb 2026
Ownership: Li-Hegeman Family Foundation
Footnotes: F1, F3, F7

META transaction

Class A Common Stock

Sale

Transaction value: $7,295,703
Shares: -11,306
Change %: -36%
Price: $645.29
Shares after: 20,023
Date: 27 Feb 2026
Ownership: Li-Hegeman Family Foundation
Footnotes: F1, F3, F8

META transaction

Class A Common Stock

Sale

Transaction value: $7,589,571
Shares: -11,744
Change %: -59%
Price: $646.25
Shares after: 8,279
Date: 27 Feb 2026
Ownership: Li-Hegeman Family Foundation
Footnotes: F1, F3, F9

META transaction

Class A Common Stock

Sale

Transaction value: $3,322,512
Shares: -5,135
Change %: -62%
Price: $647.03
Shares after: 3,144
Date: 27 Feb 2026
Ownership: Li-Hegeman Family Foundation
Footnotes: F1, F3, F10

META transaction

Class A Common Stock

Sale

Transaction value: $991,689
Shares: -1,530
Change %: -49%
Price: $648.16
Shares after: 1,614
Date: 27 Feb 2026
Ownership: Li-Hegeman Family Foundation
Footnotes: F1, F3, F11

META transaction

Class A Common Stock

Sale

Transaction value: $1,047,207
Shares: -1,614
Change %: -100%
Price: $648.83
Shares after: 0
Date: 27 Feb 2026
Ownership: Li-Hegeman Family Foundation
Footnotes: F1, F3, F12

META holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 13,186
Date: 27 Feb 2026
Ownership: Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 12 footnotes

Footnote F1

The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.

Footnote F2

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $639.62 to $640.61 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F3

Shares held of record by the Li-Hegeman Family Foundation (the "Foundation"). The reporting person is deemed to have voting and investment power over the shares held by the Foundation, but has no pecuniary interest in these shares.

Footnote F4

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $640.66 to $641.65 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F5

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $641.68 to $642.66 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F6

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $642.68 to $643.66 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F7

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $643.68 to $644.67 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F8

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $644.70 to $645.66 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F9

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $645.70 to $646.69 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F10

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $646.70 to $647.69 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F11

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $647.71 to $648.70 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F12

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $648.71 to $649.03 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.