Meta Platforms Inc.’s Chief Legal Officer Jennifer Newstead sold 519 shares of the company’s Class A common stock on June 10, according to a Form 4 filing with the U.S. Securities and Exchange Commission.
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The shares were sold at a price of $701 each, generating proceeds of approximately $363,219. The transaction was conducted under a Rule 10b5-1 trading plan that Newstead adopted on February 11, 2025.
Following the sale, Newstead holds 29,183 shares in Meta. The filing did not disclose any derivative security transactions.
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The trade was reported by Meta on June 12 and was executed in accordance with compliance protocols under U.S. securities law.
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