Insider trade

Meta COO Javier Olivan sold about $588K of shares under a pre-set plan

Traded Mar 9, 2026 · Filed Mar 11, 2026

MetaMETA

~$588K
Reported value · 926 sh @ $634.94: 15K
Holds after · shares reported: +12.1%
stock since the trade · S&P 500 +12.6%, $647.39 → $725.93 on Oct 1

Why it stands out

Meta's Chief Operating Officer sold $588K 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 6% of their holdings
Routine for them: 42 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 9, 2026
Reporting period: Not applicable
Filed with the SEC: Mar 11, 2026

Officer$500K–$1MPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$587,954

Shares × reported transaction price

Timing vs results

40 days after results of Jan 28, 2026, 51 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 $647.39 on Mar 9, 2026, 34% above its 52-week low and 18% below its high, after a 2% drop over the previous 30 trading days

52-week range $484.66 (Apr 21, 2025) to $790.00 (Aug 12, 2025), 53% of the way up, from 251 adjusted closes. 30 trading days earlier: $658.76 on Jan 23, 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, 21 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	-4.9%	-0.9%	-4.0%
30 days	-0.6%	+3.0%	-3.6%
90 days	-10.5%	+8.9%	-19.4%
180 days	-3.9%	+15.0%	-18.9%

Past results only. Not a forecast.

Source receipt

Record ID: 0000950103-26-003623
Filed / recorded: Mar 11, 2026, 10:17 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: Javier Olivan
Relationship: Officer
Officer title: Chief Operating Officer
Security: Class A Common Stock
Table: Non-derivative (Table I)
Transaction date: Mar 9, 2026
Transaction code: S
Shares / units: 926
Price per share: $634.94
Acquired / disposed: Disposed (D)
Shares owned after: 15,187
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 November 17, 2025.

Around the same time

Officer sold ~$561K of Meta

Scheduled in advance6mo ago

Officer sold ~$50K of Meta

Scheduled in advance6mo ago

Officer sold ~$35K of Meta

Scheduled in advance6mo 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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