Insider trade

Meta's CFO Susan J Li sold about $2.54M of company shares

Traded Nov 15, 2025 · Filed Nov 19, 2025

~$2.54M
Reported value · 4,162 sh @ $609.46: 88K
Holds after · shares reported: +19.1%
stock since the trade · S&P 500 +13.7%, $609.46 → $725.93 on Oct 1

Why it stands out

Susan J Li sold roughly $2.54M of Meta shares on Nov 15, 2025. This was an automatic sale linked to tax withholding, not a new decision, and part of a broader pattern with 8 insiders selling shares within a month.

An automatic sale tied to taxes or pay, not a fresh decision
Sold 4% of their holdings
8 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: Nov 15, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 19, 2025

CFOIndirect holding$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$2,536,573

Shares × reported transaction price

Timing vs results

17 days after results of Oct 29, 2025, 74 days before results of Jan 28, 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 $609.46 on Nov 14, 2025, 26% above its 52-week low and 23% below its high, after a 14% drop over the previous 30 trading days

52-week range $484.66 (Apr 21, 2025) to $790.00 (Aug 12, 2025), 41% of the way up, from 250 adjusted closes. 30 trading days earlier: $710.56 on Oct 3, 2025. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 101 workers was filed in Washington on October 23, 2025.

From the official state WARN list, 23 days before the trade; 5 more notices by the company within 60 days. Shown for timing only; the two filings are separate

Planned / mechanical clue

Footnote references tax withholding

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+7.3%	+2.6%	+4.8%
30 days	+11.6%	+2.7%	+8.9%
90 days	+8.3%	+3.0%	+5.3%
180 days	+3.5%	+11.5%	-7.9%

Past results only. Not a forecast.

Source receipt

Record ID: 0000950103-25-014966
Filed / recorded: Nov 19, 2025, 12:05 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: Susan J Li
Relationship: Officer
Officer title: Chief Financial Officer
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Nov 15, 2025
Transaction code: S
Shares / units: 4,162
Price per share: $609.46
Acquired / disposed: Disposed (D)
Shares owned after: 88,370
Ownership form: Indirect — Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
Amendment: No

Footnotes from the filing

Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Reporting Person's Restricted Stock Units ("RSUs") and does not represent an open market sale.

Around the same time

Officer sold ~$334K of Meta

Scheduled in advance10mo ago

Officer sold ~$334K of Meta

Scheduled in advance10mo ago

Director sold ~$375K of Meta

Scheduled in advance10mo ago