Meta COO Olivan Javier Sells 517 Shares at $706.41/Share on 2025-07-21

Meta Platforms, Inc. has announced that Chief Operating Officer Javier Olivan has sold 517 shares at a price of $706.41 per share on July 21, 2025.

Title: Meta Platforms COO Javier Olivan Sells 517 Shares

Meta Platforms, Inc. (META) has announced that Chief Operating Officer Javier Olivan sold 517 shares of Class A common stock on July 21, 2025, at a price of $706.41 per share, according to a Form 4 filing with the U.S. Securities and Exchange Commission [1]. The transaction generated approximately $365,000 in gross proceeds.

The sale was carried out under a pre-scheduled Rule 10b5-1 trading plan, adopted on August 17, 2024, which limits the transaction's signaling value. Following the sale, Olivan directly owns 6,302 shares. His indirect holdings remain substantial, with 8,622 shares in Olivan D LLC, 2,999 in Olivan Reinhold D LLC, 8,622 in Reinhold D LLC, and 90,493 in the Olivan Reinhold Family Revocable Trust, bringing total reported beneficial ownership to 117,038 shares [2].

The transaction was executed by attorney-in-fact Erin Guldiken on Olivan's behalf. No derivative transactions were reported, and there is no indication of material change in overall ownership or company fundamentals. Given the modest size of the sale relative to Olivan's total holdings and the use of a 10b5-1 plan, the filing is generally viewed as neutral for investors [1].

In the context of recent market performance, shares of Meta Platforms Inc. (NASDAQ: META) lost 1.19% over the past five trading sessions but still enjoyed a 17.62% year-to-date gain. The company is set to report Q2 earnings on July 30 after market close [3].

References
[1] https://www.stocktitan.net/sec-filings/META/form-4-meta-platforms-inc-insider-trading-activity-01899d6bbfc2.html
[2] https://techgraph.co/stock-market/meta-coo-javier-olivan-sells-shares-worth-371548/
[3] https://247wallst.com/technology-3/2025/07/23/meta-platforms-meta-price-prediction-and-forecast-2025-2030/