=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-08-18
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: Meta Platforms, Inc. (META)
CIK: 0001326801
--- Reporting Owner ---
Name: LI SUSAN J
CIK: 0001739092
Role: Officer (Chief Financial Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A Common Stock
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -1,845 | Price: $547.51
Total Value: $1,010,163.88
Shares Owned After: 20,537 | Ownership: I (Indirect) | Nature: Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
Footnotes:
[F1] The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
[F2] The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $546.82 to $547.81 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[Transaction #2]
Security: Class A Common Stock
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -1,864 | Price: $548.20
Total Value: $1,021,835.67
Shares Owned After: 18,673 | Ownership: I (Indirect) | Nature: Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
Footnotes:
[F1] The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
[F3] The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $547.83 to $548.81 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[Transaction #3]
Security: Class A Common Stock
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -1,219 | Price: $549.25
Total Value: $669,534.77
Shares Owned After: 17,454 | Ownership: I (Indirect) | Nature: Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
Footnotes:
[F1] The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
[F4] The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $548.83 to $549.79 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[Transaction #4]
Security: Class A Common Stock
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -708 | Price: $550.20
Total Value: $389,540.11
Shares Owned After: 16,746 | Ownership: I (Indirect) | Nature: Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
Footnotes:
[F1] The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
[F5] The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $549.83 to $550.79 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[Transaction #5]
Security: Class A Common Stock
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -1,031 | Price: $551.25
Total Value: $568,335.86
Shares Owned After: 15,715 | Ownership: I (Indirect) | Nature: Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
Footnotes:
[F1] The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
[F6] The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $550.88 to $551.76 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[Transaction #6]
Security: Class A Common Stock
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -561 | Price: $552.47
Total Value: $309,935.22
Shares Owned After: 15,154 | Ownership: I (Indirect) | Nature: Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
Footnotes:
[F1] The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
[F7] The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $551.995 to $552.96 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[Transaction #7]
Security: Class A Common Stock
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -768 | Price: $553.42
Total Value: $425,025.18
Shares Owned After: 14,386 | Ownership: I (Indirect) | Nature: Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
Footnotes:
[F1] The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
[F8] The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $553.085 to $554.00 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[Transaction #8]
Security: Class A Common Stock
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -160 | Price: $554.39
Total Value: $88,702.21
Shares Owned After: 14,226 | Ownership: I (Indirect) | Nature: Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
Footnotes:
[F1] The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
[F9] The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $554.165 to $554.465 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[Transaction #9]
Security: Class A Common Stock
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -40 | Price: $555.83
Total Value: $22,233.20
Shares Owned After: 14,186 | Ownership: I (Indirect) | Nature: Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
Footnotes:
[F1] The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
[Transaction #10]
Security: Class A Common Stock
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -720 | Price: $557.57
Total Value: $401,449.39
Shares Owned After: 13,466 | Ownership: I (Indirect) | Nature: Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
Footnotes:
[F1] The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
[F10] The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $557.04 to $557.93 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[Transaction #11]
Security: Class A Common Stock
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -120 | Price: $558.12
Total Value: $66,974.60
Shares Owned After: 13,346 | Ownership: I (Indirect) | Nature: Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
Footnotes:
[F1] The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
[F11] The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $558.04 to $558.285 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[Transaction #12]
Security: Class A Common Stock
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -40 | Price: $559.59
Total Value: $22,383.60
Shares Owned After: 13,306 | Ownership: I (Indirect) | Nature: Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
Footnotes:
[F1] The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
[Transaction #13]
Security: Class A Common Stock
Date: 2026-08-18 | Code: S (Open market sale)
Shares: -120 | Price: $560.63
Total Value: $67,275.60
Shares Owned After: 13,186 | Ownership: I (Indirect) | Nature: Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
Footnotes:
[F1] The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
--- Footnotes (Complete Index) ---
F1: The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2025.
F10: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $557.04 to $557.93 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F11: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $558.04 to $558.285 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $546.82 to $547.81 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $547.83 to $548.81 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $548.83 to $549.79 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $549.83 to $550.79 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $550.88 to $551.76 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $551.995 to $552.96 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $553.085 to $554.00 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $554.165 to $554.465 per share. The holder undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
--- Signature ---
/s/ /s/ Erin Guldiken, attorney-in-fact for Susan J. Li (2026-08-20)
