Meta Platforms' Chief Legal Officer Jennifer Newstead Sells 519 Shares at $716.1/Share.

As reported by Meta Platforms, Inc., Chief Legal Officer Jennifer Newstead has recently sold 519 shares of the company at a price of $716.1 per share on July 22, 2025.

Meta Platforms, Inc. (META), the social media giant, reported that its Chief Legal Officer, Jennifer Newstead, sold 519 shares of the company on July 22, 2025. The transaction occurred at a price of $716.1 per share, as detailed in a recent SEC Form 4 filing [1].

The sale was part of a Rule 10b5-1 trading plan adopted by Newstead on February 11, 2025. This plan allows pre-set trading strategies to be executed automatically, often used to manage insider trades and minimize conflicts of interest. The transaction indicates a significant reduction in Newstead's ownership stake in the company, as she previously held a 10% ownership position [1].

As of July 23, 2025, Meta Platforms, Inc. stock closed at $713.58 per share, with a market capitalization of $1.794 trillion. The stock has shown strong performance, gaining 57.38% over the past 52 weeks. In the second quarter of 2025, the company reported a 16% year-over-year increase in revenue, totaling $42.3 billion [2].

Meta Platforms, Inc. is expected to report its second-quarter earnings after the market close on Wednesday, July 30th. Analysts anticipate revenue of $44.55 billion and EPS of $5.84. The company's focus on AI and its integration into advertising and user engagement strategies is expected to be a key topic during the earnings call [3].

References:

[1] SEC Form 4 - Meta Platforms, Inc. Insider Trading Activity
[2] Sands Capital Technology Innovators Fund Q2 2025 Investor Letter
[3] Meta Platforms Q2 EPS Preview: AI Takes Center Stage