Meta's COO Olivan Javier Sells 517 Shares at $715/Share on July 28, 2023.

Meta Platforms, Inc. has announced that Chief Operating Officer Javier Olivan has recently sold 517 shares at a price of $715 per share on July 28, 2025.

Meta Platforms, Inc. has recently announced that its Chief Operating Officer, Javier Olivan, has sold 517 shares of the company's stock. The transaction, valued at approximately $369,655, took place on July 28, 2025, at a price of $715 per share [1].

The sale was conducted under a Rule 10b5-1 trading plan, which Olivan adopted on August 17, 2024. The plan indicates that Olivan was not in possession of any material non-public information at the time the plan was established. This type of trading plan allows individuals to sell shares automatically at specified intervals, providing a way to manage the timing and size of their sales [1].

This is not the first time Olivan has sold shares. According to the Form 144 filing with the U.S. Securities and Exchange Commission, Olivan has made 13 prior sales over the past three months, with each involving either 517 or 608 shares. The gross proceeds from these sales ranged from $324,805 to $383,800, with the most recent sale on July 21, 2025, yielding $365,214 [1].

The stock was acquired by Olivan through the vesting of restricted stock units as part of his equity compensation package on May 15, 2025. The planned transaction on July 28, 2025, does not include any further remarks or derivative transactions, indicating a straightforward sale of shares [1].

References:
[1] https://techgraph.co/stock-market/meta-coo-javier-olivan-files-to-sell-369655-in-stock/