Insider trade

Meta's Chief Legal Officer sold about $307K of shares under a pre-set plan

Traded Nov 18, 2025 · Filed Nov 20, 2025

MetaMETA

~$307K
Reported value · 519 sh @ $591.60: 35K
Holds after · shares reported: +21.5%
stock since the trade · S&P 500 +15.7%, $597.69 → $725.93 on Oct 1

Why it stands out

Meta's Chief Legal Officer sold $307K 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 1% of their holdings
Routine for them: 8 sales in the past year
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 18, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 20, 2025

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

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$307,040

Shares × reported transaction price

Timing vs results

20 days after results of Oct 29, 2025, 71 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 $597.69 on Nov 18, 2025, 23% above its 52-week low and 24% below its high, after a 16% drop over the previous 30 trading days

52-week range $484.66 (Apr 21, 2025) to $790.00 (Aug 12, 2025), 37% of the way up, from 250 adjusted closes. 30 trading days earlier: $713.08 on Oct 7, 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, 26 days before the trade; 7 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	+9.0%	+3.7%	+5.3%
30 days	+11.3%	+3.9%	+7.4%
90 days	+8.5%	+3.9%	+4.6%
180 days	+1.8%	+12.5%	-10.7%

Past results only. Not a forecast.

Source receipt

Record ID: 0000950103-25-015119
Filed / recorded: Nov 20, 2025, 11:07 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: Jennifer Newstead
Relationship: Officer
Officer title: Chief Legal Officer
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Nov 18, 2025
Transaction code: S
Shares / units: 519
Price per share: $591.60
Acquired / disposed: Disposed (D)
Shares owned after: 34,631
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 February 11, 2025.

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

Why it stands out

Dates, kept separate

Context

After it was reported

Source receipt

Footnotes from the filing

Around the same time

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