Meta Platforms Inc
For the period ended Mar 31, 2024. Filed Apr 25, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 25, 2024
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Item 5. Other Information
Rule 10b5-1 Trading Plans
During the quarter ended March 31, 2024, the officers and directors listed below adopted, modified, or terminated trading plans intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended. References to "net shares received" below refer to net shares received by an officer after excluding any shares withheld by us to satisfy our income tax withholding and remittance obligations in connection with the net settlement of equity awards.
On February 12, 2024, Aaron Anderson, our Chief Accounting Officer, entered into a trading plan that provides for the sale of up to 2,935 shares, which includes shares held by Mr. Anderson and the gross shares to be issued from the settlement of one-eighth of the total restricted stock units underlying Mr. Anderson's initial equity award granted on May 22, 2023, of which the net shares received may be sold. The plan will terminate on November 18, 2025, subject to early termination for certain specified events set forth in the plan.
On February 21, 2024, Mark Zuckerberg, ourfounder, Chairman, and Chief Executive Officer entered into a trading plan that provides for the sale of an aggregate of up to 958,000 shares of our Class A common stock held by entities affiliated with Mr. Zuckerberg. The plan will terminate on November 21, 2024, subject to early termination for certain specified events set forth in the plan.
On February 28, 2024, Sheryl Sandberg, amember of our board of directors, entered into a trading plan that provides for the sale of an aggregate of 973,846 shares of our Class A common stock. The plan will terminate on November 22, 2024, subject to early termination for certain specified events set forth in the plan.
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