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Javier Olivan Plans $1.04 Million Meta Share Sale

Olivan acquired the shares through restricted stock unit vesting between 2017 and 2026 and has sold nearly 18,800 Meta shares worth approximately $11.57 million over the past three months.

Krishna Mali
By: Krishna Mali

PUBLISHED:

UPDATED ON:
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Meta Platforms Inc. ( META +2.71% METAMeta Platforms +2.71% $665.60USD Last recorded close Open chart ) Chief Operating Officer (COO) Javier Olivan plans to sell 1,575 Class A common shares valued at about $1.04 million.

In a filing with the U.S. Securities and Exchange Commission (SEC), Meta said the shares are expected to be sold through Charles Schwab & Co., with approximately 2.21 billion shares outstanding at the time of the filing.

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Olivan acquired the 1,575 shares through restricted stock unit vesting between February 2017 and May 2026, including 844 shares that vested in May this year.

Over the past three months, Olivan has sold 18,774 Meta shares for gross proceeds of approximately $11.57 million, including 5,354 shares sold on September 8 for about $3.30 million.

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Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.
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