Meta CPO Christopher Cox sells $28.5 million in shares
Christopher K. Cox, Meta Platforms' Chief Product Officer, sold 40,000 shares of the company's Class A Common Stock for approximately $28.5 million on September 21, 2026. The stock's price at the time was $744.27, close to its 52-week high of $763.90, following a 10.6% increase over the previous week. InvestingPro analysis suggests the stock is currently overvalued relative to its Fair Value, placing it among the most overvalued stocks being tracked.
Cox executed the sales in two blocks of 20,000 shares each, with weighted average prices of $700.4966 and $725.0164 per share, respectively. The shares sold indirectly benefit Mr. Cox through the Christopher K. Cox Revocable Trust and the Cox-Vadakan Irrevocable Remainder Trust.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.