FilingsForm 4
Trust with Meta chief financial officer Susan J. Li as co-trustee sold $35.29 million of Meta stock on Feb 24, 2026
Value$35.29 million, held indirectly
Shares55,702, held indirectly
Average price$633.61
FiledFeb 26
The Li-Hegeman Living Trust sold 55,702 Meta Class A shares on Feb 24, 2026, at an average of $633.61 a share for $35.29 million, according to a Form 4, the form an insider files when trading the company's shares. The form was filed for Susan J. Li, Meta's chief financial officer, and names Li and John Hegeman as the trust's co-trustees; it reports the shares as held indirectly. The form says the sales were made under a Rule 10b5-1 trading plan that Li adopted on Nov 25, 2025, and states 13,186 shares held indirectly through the trust after the last sale line. The Form 4 was filed with the SEC on Feb 26, 2026.1,2,3,4,5,6,7,8,9,10,11,12,13,14
How each figure was checked
- the issuerMeta
- the sale lines of the form by who held the sharesthe sale lines of this form, by who held the shares: Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 (held indirectly): 55702 shares for 35293175.2294 USD
- the side of the trades on the formsale
- shares sold on the form55,702
- first trade date on the formFeb 24, 2026
- last trade date on the formFeb 24, 2026
- average price per share of the sales (USD)$633.61
- value of the sales on the form (USD)$35.29 million
- shares held after the last sale lineafter the last sale line the form states 13186 shares of Class A Common Stock held indirectly (Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012)
- the reporting ownerSusan J. Li (filed as LI SUSAN J)
- the reporting owner's role as filedofficer (Chief Financial Officer)
- how the shares of the sale lines are held9 sale lines held indirectly (Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012)
- the footnote naming the trading plan and the day it was adoptedNovember 25, 2025Form 4 footnotes, Form 4 filed Feb 26, 2026 ↗
- day the Form 4 was filedFeb 26, 2026
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The record
- Issuer
- Meta (CIK 1326801, filed as Meta Platforms, Inc.)
- Form
- 4
- Accession
- 0000950103-26-002789
- Filed
- Feb 26, 2026
- Period of report
- Feb 24, 2026
- Reporting owner
- Susan J. Li (CIK 1739092, filed as LI SUSAN J)
- Relationship
- officer (Chief Financial Officer)
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- S (sale) · 2,766 Class A Common Stock at $630.309 · Feb 24, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 66,122 held after · footnotes F1 and F2
- Line 2
- S (sale) · 11,252 Class A Common Stock at $631.0046 · Feb 24, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 54,870 held after · footnotes F1 and F3
- Line 3
- S (sale) · 10,436 Class A Common Stock at $631.9422 · Feb 24, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 44,434 held after · footnotes F1 and F4
- Line 4
- S (sale) · 4,948 Class A Common Stock at $633.0255 · Feb 24, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 39,486 held after · footnotes F1 and F5
- Line 5
- S (sale) · 4,141 Class A Common Stock at $634.1031 · Feb 24, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 35,345 held after · footnotes F1 and F6
- Line 6
- S (sale) · 8,138 Class A Common Stock at $635.0597 · Feb 24, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 27,207 held after · footnotes F1 and F7
- Line 7
- S (sale) · 5,182 Class A Common Stock at $635.8868 · Feb 24, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 22,025 held after · footnotes F1 and F8
- Line 8
- S (sale) · 7,439 Class A Common Stock at $637.2223 · Feb 24, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 14,586 held after · footnotes F1 and F9
- Line 9
- S (sale) · 1,400 Class A Common Stock at $637.9421 · Feb 24, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 13,186 held after · footnotes F1 and F10
- Footnote F1
- The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
- Footnote F2
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $629.53 to $630.525 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Footnote F3
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $630.53 to $631.52 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Footnote F4
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $631.53 to $632.525 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Footnote F5
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $632.535 to $633.52 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Footnote F6
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $633.54 to $634.52 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Footnote F7
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $634.54 to $635.535 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Footnote F8
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $635.54 to $636.52 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Footnote F9
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $636.65 to $637.615 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Footnote F10
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $637.68 to $638.46 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Footnote F11
- Shares held of record by the Li-Hegeman Family Foundation (the "Foundation"). The reporting person is deemed to have voting and investment power over the shares held by the Foundation, but has no pecuniary interest in these shares.
Insider purchases and sales of Meta shares, 12 months
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About Meta
Meta page →Revenue$200.97 billionYear to Dec 31, 2025 · +22.17% year over year
Operating income$83.28 billionYear to Dec 31, 2025 · +20.03% year over year
Net income$60.46 billionYear to Dec 31, 2025 · −3.05% year over year
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