Meta COO Sells Thousands of Shares Amid $25 Billion Bond Issuance

Meta Platforms, Inc. (NASDAQ: META) disclosed that on April 13 and 20, 2026, Chief Operating Officer Javier Olivan sold several thousand shares of its Class A common stock in the open market under a pre-established Rule 10b5-1 trading plan. In these two transactions, Olivan disposed of shares worth several million dollars—approximately KRW 4–5 billion—yet, combining his direct and indirect holdings, he continues to retain a substantial position totaling hundreds of thousands of shares.

On May 4, the company also entered into a supplemental indenture for six series of unsecured senior notes, each featuring early redemption provisions tied to U.S. Treasury yields, raising $25 billion (roughly KRW 30 trillion) in long-term financing.

Meanwhile, in New Mexico, the second phase of a lawsuit against Meta Platforms concerning social media addiction and child protection is underway. The state attorney general is demanding comprehensive changes to the algorithms behind services like Instagram and to the management of child accounts. Meta has warned that compliance with these demands could force it to suspend Facebook, Instagram, and WhatsApp in New Mexico, underscoring growing regulatory risks.

Meta Platforms—a leading U.S. technology company operating Facebook, Instagram, and WhatsApp—is reinvesting its advertising revenues into large-scale artificial intelligence and metaverse infrastructure initiatives. Most recently, it launched several AI models, including its proprietary assistant, Meta AI, as it intensifies its technology competition. Olivan, who oversees the company’s service and infrastructure operations, regularly files stock sale disclosures in line with the vesting schedule of his equity-based compensation.