A Form 4 filed with the SEC on September 16, 2026, disclosed that Javier Olivan, Chief Operating Officer of Meta Platforms, Inc. (NASDAQ:META), sold Class A Common Stock on September 14, 2026, across multiple direct and indirect holdings.

Key Highlights

  • Transaction date: All sales were executed on September 14, 2026, at a price of $657.73 per share.
  • Total shares sold: 1,575 shares of Class A Common Stock were disposed of across five separate transactions.
  • Rule 10b5-1 plan: The sales were made pursuant to a Rule 10b5-1 trading plan adopted by Olivan on November 17, 2025.
  • Direct holdings after sale: Olivan directly beneficially owned 10,716 shares following the reported transactions.
  • Indirect holdings: Remaining indirect holdings include 6,080 shares each through Olivan D LLC and Reinhold D LLC, 1,232 shares through Olivan Reinhold D LLC, and 77,845 shares through the Olivan Reinhold Family Revocable Trust u/a/d 10/16/12.
  • Filing signed by: Erin Guldiken, attorney-in-fact for Javier Olivan, on September 16, 2026.

Details of Javier Olivan's September 2026 Share Disposals at Meta Platforms

According to the filing, Javier Olivan, identified as Chief Operating Officer of Meta Platforms, Inc., disposed of Class A Common Stock in five separate transactions on September 14, 2026, all at a price of $657.73 per share. The sales spanned both direct ownership and indirect ownership through several entities and a family trust.

The filing reports that 946 shares were sold directly, reducing Olivan's direct beneficial ownership to 10,716 shares. In addition, 82 shares were sold through Olivan D LLC, of which Olivan is the manager; 57 shares through Olivan Reinhold D LLC, managed by Olivan and his spouse; 82 shares through Reinhold D LLC, managed by Olivan's spouse; and 408 shares through the Olivan Reinhold Family Revocable Trust u/a/d 10/16/12, of which Olivan and his spouse are Co-Trustees. All transactions carried transaction code "S," indicating open-market sales.

The filing notes that all sales "were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025." No derivative securities transactions were reported. The form was filed by one reporting person and was signed by Erin Guldiken as attorney-in-fact for Javier Olivan.

What Was Disclosed

The Form 4 disclosed that Meta Platforms COO Javier Olivan sold a combined 1,575 shares of Class A Common Stock on September 14, 2026, at $657.73 per share, through direct and indirect accounts, under a pre-established Rule 10b5-1 trading plan.