Summary by Moomoo AI
Meta Platforms officer Javier Olivan plans to sell 413 Class A Common Shares on 12/09/2024, with an estimated market value of $257,506. These shares were acquired on 11/15/2024 through a Restricted Stock Unit lapse as part of equity compensation from Meta Platforms, Inc.Over the past three months, Olivan has sold a total of 4,750 shares, generating gross proceeds of $2,691,915. This includes 11 separate transactions between 09/13/2024 and 12/02/2024, with sale amounts ranging from 413 to 620 shares per transaction.The planned sale is part of a pre-arranged trading plan adopted on 08/30/2023, indicating a structured approach to Olivan's stock transactions. This consistent selling pattern suggests a planned liquidation strategy for the executive's equity compensation.