Meta Legal Head Offloads Shares worth $577K

Meta Platforms Inc.’s (NASDAQ: META) Chief Legal Officer, Jennifer Newstead, has sold 921 shares, valued at approximately $577,205, as disclosed in a recent SEC filing.

The shares were sold on March 25 at an average price of $627.05 under a 10b5-1 trading plan, which allows insiders to sell shares on a pre-determined schedule.

Despite the transaction, Newstead holds over 31,000 shares, maintaining a significant position in the company.