Meta COO Javier Olivan sells $1,016,372 of company shares

Chief Operating Officer Javier Olivan of Meta Platforms sold 1,692 shares of the company's Class A Common Stock on August 10, 2026, totaling $1,016,372. The share prices fluctuated between $600.00 and $607.14 during the transactions. This move occurred under a Rule 10b5-1 trading plan that Olivan established on November 17, 2025.

Since the stock began trading, it has experienced a decline of 25.5% over the past year, currently priced at $578.85. Despite these challenges, InvestingPro's analysis indicates that Meta remains undervalued compared to its Fair Value, making it a potential opportunity among stocks considered undervalued. Of the shares sold, 434 were directly disposed of by Olivan, leaving him with 5,856 shares owned directly.

Additionally, he indirectly owned 5,856 shares after these transactions. Through various entities, including Olivan D LLC, Olivan Reinhold D LLC, Reinhold D LLC, and the Olivan Reinhold Family Revocable Trust, Mr. Olivan beneficially owned a total of 10,490 shares. These indirect holdings include 1,258 shares directly sold by Olivan.