Meta’s Chief Legal Officer Offloads $363,219 in Shares Under Pre-Arranged Plan

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.

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.

The trade was reported by Meta on June 12 and was executed in accordance with compliance protocols under U.S. securities law.