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Meta Platforms | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC ·  Dec 17 05:18

Summary by Futu AI

Meta Platforms, Inc. officer Javier Olivan plans to sell 413 Class A Common Shares on 12/16/2024, with an aggregate market value of $260,008. These shares were acquired on 11/15/2024 through a Restricted Stock Unit lapse as part of equity compensation from Meta Platforms, Inc.Over the past three months, Olivan has sold a total of 4,750 shares, generating gross proceeds of $2,734,426. The sales occurred in regular intervals, with 413 shares sold weekly from 09/20/2024 to 12/09/2024, except for a larger sale of 620 shares on 11/18/2024.This planned sale is part of a trading plan adopted on 08/30/2023, indicating a predetermined schedule for stock transactions. The consistent pattern of sales suggests a structured approach to liquidating equity compensation, which is common among corporate executives for portfolio management and diversification purposes.
Meta Platforms, Inc. officer Javier Olivan plans to sell 413 Class A Common Shares on 12/16/2024, with an aggregate market value of $260,008. These shares were acquired on 11/15/2024 through a Restricted Stock Unit lapse as part of equity compensation from Meta Platforms, Inc.Over the past three months, Olivan has sold a total of 4,750 shares, generating gross proceeds of $2,734,426. The sales occurred in regular intervals, with 413 shares sold weekly from 09/20/2024 to 12/09/2024, except for a larger sale of 620 shares on 11/18/2024.This planned sale is part of a trading plan adopted on 08/30/2023, indicating a predetermined schedule for stock transactions. The consistent pattern of sales suggests a structured approach to liquidating equity compensation, which is common among corporate executives for portfolio management and diversification purposes.

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