Insider trade

Meta's COO Javier Olivan sold about $249K of shares under a pre-set plan

Traded May 18, 2026 · Filed May 20, 2026

MetaMETA

~$249K
Reported value · 408 sh @ $609.35: 85K
Holds after · shares reported: +18.8%
stock since the trade · S&P 500 +3.4%, $611.21 → $725.93 on Oct 1

Why it stands out

Meta's Chief Operating Officer sold $249K 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: 97 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 18, 2026
Reporting period: Not applicable
Filed with the SEC: May 20, 2026

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

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$248,615

Shares × reported transaction price

Timing vs results

19 days after results of Apr 29, 2026, 72 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 $611.21 on May 18, 2026, 16% above its 52-week low and 23% below its high, after a 7% rise over the previous 30 trading days

52-week range $525.72 (Mar 27, 2026) to $790.00 (Aug 12, 2025), 32% of the way up, from 251 adjusted closes. 30 trading days earlier: $573.02 on Apr 6, 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, 2 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	+5.0%	+1.2%	+3.8%
30 days	-6.8%	+0.4%	-7.2%
90 days	-10.2%	+3.5%	-13.7%

Past results only. Not a forecast.

Source receipt

Record ID: 0000950103-26-007493
Filed / recorded: May 20, 2026, 12:55 AM 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 18, 2026
Transaction code: S
Shares / units: 408
Price per share: $609.35
Acquired / disposed: Disposed (D)
Shares owned after: 84,781
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.