Summary by Futu AI
Meta Platforms' Chief Operating Officer, Javier Olivan, sold 413 shares of Class A Common Stock on January 6, 2025, at a price of $612.10 per share. The total transaction value amounted to $252,797.30. Following this sale, Olivan directly owns 17,101 shares of Meta stock.In addition to his direct holdings, Olivan indirectly owns a total of 95,287 shares through various entities. These indirect holdings include 8,622 shares held by Olivan D LLC, 2,999 shares by Olivan Reinhold D LLC, 8,622 shares by Reinhold D LLC, and 75,044 shares by the Olivan Reinhold Family Revocable Trust.The transaction was executed as an open market or private sale and has been reported as completed. This insider sale provides insight into the COO's stock disposition strategy and may be of interest to investors monitoring executive transactions at Meta Platforms.