Insider trade

Meta CFO Susan J Li sold about $1.1M of shares under a pre-set plan

Traded May 18, 2026 · Filed May 20, 2026

MetaMETA

~$1.1M
Reported value · 1,809 sh @ $607.8702: 17K
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

The money chief of Meta sold $1.1M 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 10% of their holdings
Routine for them: 32 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

CFOIndirect holding$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$1,099,637

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: 0000950103-26-007489
Filed / recorded: May 20, 2026, 12:51 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: May 18, 2026
Transaction code: S
Shares / units: 1,809
Price per share: $607.8702
Acquired / disposed: Disposed (D)
Shares owned after: 16,760
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

The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $607.50 to $608.41 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Around the same time

4mo ago

612Derivative units

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record

4mo ago

612Derivative units

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record

4mo ago

612Derivative units

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record