Meta COO Javier Olivan Sells About $1 Million of Stock Under Trading Plan

Meta Platforms Chief Operating Officer Javier Olivan sold 1,575 shares of the company's Class A common stock on Monday, Oct. 26, for about $1,008,000, according to a Form 4 filing made Wednesday evening.

All of the shares changed hands at $640 per share, the filing shows. The sale was carried out under a Rule 10b5-1 trading plan that Olivan adopted on Nov. 17, 2025. Rule 10b5-1 plans set up trades in advance, under terms fixed when the plan is adopted.

How the sale was split

Only part of the stock came from shares Olivan holds directly. He sold 946 shares held in his own name, according to the filing.

The remaining 629 shares came from four family entities:

• 408 shares from the Olivan Reinhold Family Revocable Trust, dated Oct. 16, 2012, of which he and his spouse are co-trustees
• 82 shares from Olivan D LLC, which he manages
• 82 shares from Reinhold D LLC, which his spouse manages
• 57 shares from Olivan Reinhold D LLC, which he and his spouse manage

What he still holds

After the sales, Olivan directly owned 5,040 Class A shares, the Form 4 shows.

The family trust held 75,397 shares. Olivan D LLC and Reinhold D LLC each held 5,588 shares, and Olivan Reinhold D LLC held 890 shares.

Taken together, that comes to 92,503 Class A shares reported as held directly or through those entities after the transactions.

About the filing

The Form 4 lists Olivan as Meta's Chief Operating Officer and was signed on his behalf by an attorney-in-fact on Oct. 28. It reports only sales; no purchases, option exercises or new grants are included. The filing was accepted by the SEC at 6:22 p.m. ET on Wednesday, two days after the trades.

Sources

1. Meta Platforms Form 4 for Chief Operating Officer Javier Olivan, filed Oct. 28, 2026, filed Oct. 28, 2026 (accession 0000950103-26-016313)

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.

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