Insider trade

Meta's COO Javier Olivan sold about $247K of company shares under a pre-set plan

Traded May 11, 2026 · Filed May 13, 2026

MetaMETA

~$247K
Reported value · 408 sh @ $604.57: 85K
Holds after · shares reported: +21.2%
stock since the trade · S&P 500 +3.3%, $598.86 → $725.93 on Oct 1

Why it stands out

Meta's Chief Operating Officer sold $247K of Meta shares. It was planned long ago, so it says very little.

Sold under a plan set up in advance, so the timing wasn't a fresh decision
Routine for them: 92 sales in the past year
7 insiders at Meta sold within a month

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 11, 2026
Reporting period: Not applicable
Filed with the SEC: May 13, 2026

OfficerIndirect holding$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$246,665

Shares × reported transaction price

Timing vs results

12 days after results of Apr 29, 2026, 79 days before results of Jul 29, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $598.86 on May 11, 2026, 14% above its 52-week low and 24% below its high, after a 14% rise over the previous 30 trading days

52-week range $525.72 (Mar 27, 2026) to $790.00 (Aug 12, 2025), 28% of the way up, from 251 adjusted closes. 30 trading days earlier: $525.72 on Mar 27, 2026. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 417 workers was filed in New York on May 20, 2026.

From the official state WARN list, 9 days after the trade; 12 more notices by the company within 60 days. Shown for timing only; the two filings are separate

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-1.8%	-0.7%	-1.1%
30 days	-4.0%	+0.9%	-4.9%
90 days	-6.4%	+3.3%	-9.7%

Past results only. Not a forecast.

Source receipt

Record ID: 0000950103-26-007167
Filed / recorded: May 13, 2026, 10:12 PM UTC
Added to OQRO: Oct 1, 2026, 11:17 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Meta Platforms, Inc.
Issuer CIK: 1326801
Ticker: META
Reporting person: Javier Olivan
Relationship: Officer
Officer title: Chief Operating Officer
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: May 11, 2026
Transaction code: S
Shares / units: 408
Price per share: $604.57
Acquired / disposed: Disposed (D)
Shares owned after: 85,189
Ownership form: Indirect — By Olivan Reinhold Family Revocable Trust u/a/d 10/16/12
Amendment: No

Footnotes from the filing

The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025.
Shares held of record by the reporting person and his spouse, Co-Trustees of the Olivan Reinhold Family Revocable Trust u/a/d 10/16/12.

Around the same time

4mo ago

Congress trade

$1,001 - $15,000Reported range · official band, not an exact amount

7 different filers disclosed META within 90 days. Disclosed 6 days after the transaction; reported as an official range, not an exact amount.

Why it stands out Official record

Director sold ~$317K of Meta

Scheduled in advance4mo ago

Officer sold ~$527K of Meta

Scheduled in advance4mo ago