FilingsForm 4
Trust with Meta chief financial officer Susan J. Li as co-trustee sold $5.59 million of Meta stock on May 18, 2026
Value$5.59 million, held indirectly
Shares9,195, held indirectly
Average price$607.84
FiledMay 19
The Li-Hegeman Living Trust sold 9,195 Meta Class A shares on May 18, 2026, at an average of $607.84 a share for $5.59 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, names Li and John Hegeman as the trust's co-trustees, and says the sales were made under a Rule 10b5-1 trading plan that Li adopted on Nov 25, 2025. The form also codes 2,127 shares on May 15 as a sale, but its footnote says Meta withheld them for tax on restricted stock units and that they are not an open-market sale; it states 13,186 shares held indirectly after the last sale line. The Form 4 was filed with the SEC on May 19, 2026.1,2,3,4,5,6,7,8,9,10,11,12,13,14,15
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): 9195 shares for 5589132.8022 USD
- the side of the trades on the formsale
- shares sold on the form9,195
- first trade date on the formMay 18, 2026
- last trade date on the formMay 18, 2026
- average price per share of the sales (USD)$607.84
- value of the sales on the form (USD)$5.59 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)
- the footnote naming the trading plan and the day it was adoptedNovember 25, 2025Form 4 footnotes, Form 4 filed May 19, 2026 ↗
- the form's line of shares the issuer withheld for tax, coded Sshares the issuer withheld for tax, which the form codes S and a footnote says are not an open-market sale (code S): 2,127 shares disposed on May 15, 2026 at $618.43 per share; held indirectly (Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012); 15,346 owned after the line
- the footnote saying the shares were withheld by the issuer for tax and are not an open-market saleForm 4 footnotes, Form 4 filed May 19, 2026 ↗
- day the Form 4 was filedMay 19, 2026
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The record
- Issuer
- Meta (CIK 1326801, filed as Meta Platforms, Inc.)
- Form
- 4
- Accession
- 0000950103-26-007489
- Filed
- May 19, 2026
- Period of report
- May 15, 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
- C (conversion of a derivative security) · 2,399 Class A Common Stock at $0.00 · May 15, 2026 · acquired, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 15,585 held after
- Line 2
- C (conversion of a derivative security) · 1,888 Class A Common Stock at $0.00 · May 15, 2026 · acquired, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 17,473 held after
- Line 3
- S (sale) · 2,127 Class A Common Stock at $618.43 · May 15, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 15,346 held after · footnote F1
- Line 4
- M (exercise of a derivative security) · 6,791 Class A Common Stock at $0.00 · May 15, 2026 · acquired, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 22,137 held after
- Line 5
- M (exercise of a derivative security) · 2,679 Class A Common Stock at $0.00 · May 15, 2026 · acquired, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 24,816 held after
- Line 6
- M (exercise of a derivative security) · 1,782 Class A Common Stock at $0.00 · May 15, 2026 · acquired, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 26,598 held after
- Line 7
- M (exercise of a derivative security) · 2,704 Class A Common Stock at $0.00 · May 15, 2026 · acquired, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 29,302 held after
- Line 8
- F (payment of an exercise price or tax in shares) · 6,921 Class A Common Stock at $618.43 · May 15, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 22,381 held after · footnote F2
- Line 9
- S (sale) · 526 Class A Common Stock at $604.6299 · May 18, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 21,855 held after · footnotes F3 and F4
- Line 10
- S (sale) · 1,236 Class A Common Stock at $605.882 · May 18, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 20,619 held after · footnotes F3 and F5
- Line 11
- S (sale) · 2,050 Class A Common Stock at $607.0304 · May 18, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 18,569 held after · footnotes F3 and F6
- Line 12
- S (sale) · 1,809 Class A Common Stock at $607.8702 · May 18, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 16,760 held after · footnotes F3 and F7
- Line 13
- S (sale) · 2,344 Class A Common Stock at $609.1468 · May 18, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 14,416 held after · footnotes F3 and F8
- Line 14
- S (sale) · 1,148 Class A Common Stock at $609.9334 · May 18, 2026 · disposed, indirectly, Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 · 13,268 held after · footnotes F3 and F9
- Line 15
- S (sale) · 82 Class A Common Stock at $611.3923 · May 18, 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 F3 and F10
- Derivative line 1
- C (conversion of a derivative security) · 2,399 Restricted Stock Units (RSU) (Class A) at $0.00 · May 15, 2026 · disposed, directly · 14,397 held after · footnotes F11 and F12
- Derivative line 2
- C (conversion of a derivative security) · 1,888 Restricted Stock Units (RSU) (Class A) at $0.00 · May 15, 2026 · disposed, directly · 18,882 held after · footnotes F11 and F13
- Derivative line 3
- M (exercise of a derivative security) · 6,791 Restricted Stock Units (RSU) (Class A) at $0.00 · May 15, 2026 · disposed, directly · 20,373 held after · footnotes F11 and F14
- Derivative line 4
- M (exercise of a derivative security) · 2,679 Restricted Stock Units (RSU) (Class A) at $0.00 · May 15, 2026 · disposed, directly · 18,756 held after · footnotes F11 and F15
- Derivative line 5
- M (exercise of a derivative security) · 1,782 Restricted Stock Units (RSU) (Class A) at $0.00 · May 15, 2026 · disposed, directly · 19,607 held after · footnotes F11 and F16
- Derivative line 6
- M (exercise of a derivative security) · 2,704 Restricted Stock Units (RSU) (Class A) at $0.00 · May 15, 2026 · disposed, directly · 40,563 held after · footnotes F11 and F17
- Footnote F1
- Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Reporting Person's Restricted Stock Units ("RSUs") and does not represent an open market sale.
- Footnote F2
- Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Reporting Person's RSUs and does not represent a sale.
- Footnote F3
- The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
- Footnote F4
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $604.05 to $605.02 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 $605.47 to $606.39 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 $606.50 to $607.46 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 F7
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $607.50 to $608.41 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 $608.50 to $609.49 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 $609.53 to $610.31 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 $610.94 to $611.88 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
- Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
- Footnote F12
- The RSUs vest quarterly as to 1/20th of the total RSUs, beginning on February 15, 2023, subject to continued service through each vesting date.
- Footnote F13
- The RSUs vest quarterly as to 1/20th of the total RSUs, beginning on February 15, 2024, subject to continued service through each vesting date.
- Footnote F14
- The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2023, subject to continued service through each vesting date.
- Footnote F15
- The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2024, subject to continued service through each vesting date.
- Footnote F16
- The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2025, subject to continued service through each vesting date.
- Footnote F17
- The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2026, subject to continued service through each vesting date.
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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- Layoffs, 12 months
- No WARN notices in the US states we read
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