Meta CFO Susan J Li sells 11,322 shares for $6.9M via pre-arranged 10b5-1 plan; holdings drop 46.2%
Susan J Li sold 11,322 shares across 8 separate transactions on May 15–18, 2026 for $6.9M total at a blended average price of $609.83, reducing her holdings from 24,508 shares to 13,186 shares (−46.2%). This sale is part of a pre-arranged 10b5-1 trading plan adopted on 2025-11-25, making it scheduled rather than discretionary. The current stock price of $602.61 is −24.3% from the 52-week high of $796.25 and down −12.5% over the past 30 days. Meta's fundamentals remain strong with $56.3B in latest quarterly revenue and net income of $26.8B, reflecting +22.2% annual growth and a P/E of 25.13. The significance of this large reduction in the CFO's stake warrants monitoring, but the pre-arranged nature of the sale limits inference about management confidence at the time of execution.