Meta COO Repeatedly Sells Shares Over Several Weeks, Cashing Out $1 Million

Between January 12 and February 9, 2026, Javier Olivan, Chief Operating Officer of Meta Platforms, Inc. (NASDAQ: META), sold 517 shares of Meta’s Class A common stock on three separate occasions under a 10b5-1 trading plan. Executed at prices ranging from $653 to $714.60 per share, the total proceeds amounted to approximately $1.05 million (about ₩1.4 billion). According to the disclosure, Olivan still holds roughly 9,000 shares directly, along with additional indirect holdings through family trusts and related entities, preserving a significant economic interest in Meta.

In its late-January release of fourth-quarter 2025 results, Meta reported revenues of $59.89 billion, a 24% year-over-year increase, and projected capital expenditures for 2026 of $115 billion to $135 billion (approximately ₩150 trillion to ₩180 trillion), signaling a major ramp-up of investment in AI infrastructure. Meanwhile, the European Commission has formally notified Meta of antitrust concerns, alleging that the company restricted access to competing AI assistants on WhatsApp—an indication that the regulatory environment is becoming more stringent.

Meta, a leading U.S. tech giant that owns major social media platforms such as Facebook, Instagram and WhatsApp, derives the bulk of its revenue from online advertising while making large-scale investments in AI, data-center infrastructure and virtual reality. Since 2022, Olivan has overseen Meta’s global operations as a key executive, supporting the stable growth of its user base and advertising business.