Insider trade

Director Robert M Kimmitt sold about $367K of Meta shares under a pre-set plan

Traded Mar 16, 2026 · Filed Mar 18, 2026

MetaMETA

~$367K
Reported value · 580 sh @ $632.02: 4,427
Holds after · shares reported: +15.7%
stock since the trade · S&P 500 +14.2%, $627.45 → $725.93 on Oct 1

Why it stands out

A board member of Meta sold $367K 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
Sold 12% of their holdings
Routine for them: 6 sales in the past year
6 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: Mar 16, 2026
Reporting period: Not applicable
Filed with the SEC: Mar 18, 2026

Director$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$366,572

Shares × reported transaction price

Timing vs results

47 days after results of Jan 28, 2026, 44 days before results of Apr 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 $627.45 on Mar 16, 2026, 29% above its 52-week low and 21% below its high, after a 12% drop over the previous 30 trading days

52-week range $484.66 (Apr 21, 2025) to $790.00 (Aug 12, 2025), 47% of the way up, from 251 adjusted closes. 30 trading days earlier: $716.50 on Jan 30, 2026. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 124 workers was filed in California on March 30, 2026.

From the official state WARN list, 14 days after the trade; 11 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	-9.8%	-2.2%	-7.5%
30 days	+10.6%	+7.4%	+3.2%
90 days	-6.5%	+12.3%	-18.8%
180 days	+10.5%	+14.8%	-4.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0000950103-26-004335
Filed / recorded: Mar 18, 2026, 10:14 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: Robert M Kimmitt
Relationship: Director
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Mar 16, 2026
Transaction code: S
Shares / units: 580
Price per share: $632.02
Acquired / disposed: Disposed (D)
Shares owned after: 4,427
Ownership form: Direct
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 August 15, 2025.

Around the same time

Director sold ~$387K of Meta

Scheduled in advance6mo ago

Officer sold ~$321K of Meta

Scheduled in advance6mo ago

Officer sold ~$406K of Meta

Scheduled in advance6mo ago