Meta COO Olivan sells 1,398 shares for $838,800 on 2026-06-15 under 10b5-1 plan adopted 2025-11-17
Javier Olivan executed 5 separate sales totaling 1,398 shares for $838,800.00 at $600.00 per share on 2026-06-15, reducing his holdings from 84,547 shares to 83,149 shares (-1.7%). This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-11-17, meaning it was scheduled rather than discretionary. The current stock price of $567.58 is -28.7% from the 52-week high of $796.25, and the 30-day change shows -7.1% recent weakness. Across Olivan's cross-ticker open-market history, 20 prior sells averaged a 30-day return of -6.2%, but no pattern can be established for this ticker specifically as his 5 prior META sales on 2026-06-01 do not yet have measurable outcomes. The scheduled nature of this filing under a 10b5-1 plan removes discretionary intent from the transaction, and the modest share reduction (1.7% of pre-transaction holdings) reflects routine plan execution rather than material portfolio restructuring.