COO Javier Olivan sells 2,163 shares for $1.4M at $661.02; scheduled 10b5-1 plan trade
On 2026-07-13, Javier Olivan, Chief Operating Officer of Meta Platforms, Inc., executed 5 separate sales totaling 2,163 shares for $1,429,787.19 ($1.4M) at a blended average price of $661.02. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-11-17, making it scheduled rather than discretionary. Post-transaction holdings stand at 81,517 shares, representing a -2.6% reduction from pre-transaction holdings of 83,680 shares. While the current price of $681.31 is 14.8% higher over 30 days, this sale occurred within a scheduled framework and does not reflect an independent tactical decision by the insider.