Meta product chief Christopher Cox sells 40,000 shares under 10b5-1 plan
Meta Platforms, Inc. (Nasdaq: META) Chief Product Officer Christopher K. Cox reported selling 40,000 shares of Class A common stock on Sept. 21, 2026, according to a Form 4 filed Sept. 23. The filing shows two disposition blocks of 20,000 shares each at weighted-average prices of $700.4966 and $725.0164. Combined sale proceeds implied by those figures are about $28.5 million.
A footnote states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Cox on May 19, 2026. Additional footnotes say each reported price is a weighted average from multiple transactions in stated ranges, and that shares were held of record by trusts associated with Cox.
After the reported Sept. 21 transactions, the Form 4 shows beneficial ownership of 184,516 shares on the final transaction line. Cox is reported as an officer with the title Chief Product Officer and is not marked as a director on the filing.
Transaction snapshot
- Reporting person: Christopher K. Cox (Chief Product Officer)
- Sept. 21 sales: 20,000 shares at ~$700.50 and 20,000 shares at ~$725.02
- Implied proceeds: about $28.5 million
- Plan: Rule 10b5-1 adopted May 19, 2026 (per footnote)
- Shares shown after final reported sale line: 184,516
Sources
- Meta Platforms, Inc. Form 4 (Christopher K. Cox), filed Sept. 23, 2026, accession 0000950103-26-014403
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
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