Meta Platforms, Inc. Chief Financial Officer Susan J. Li carried out multiple equity transactions on February 15, 2026, reporting both disposals and acquisitions of Class A Common Stock. Through a trust, Li sold 6,418 shares on that date for aggregate proceeds of $4,106,043. Each share in that sale was priced at $639.77, a level close to the then-current trading price of $643.22.
Also recorded on February 15 was the disposition of 11,160 shares that were withheld by Meta to satisfy income tax withholding obligations tied to the settlement of Restricted Stock Units (RSUs). Those withheld shares were valued at $7,139,833, based on the same per-share price of $639.77.
Li did not only sell stock. The filings indicate she acquired shares through standard equity compensation mechanisms. A conversion of RSUs resulted in the issuance of 23,905 Class A shares to Li at a stated price of $0.00, representing no cash outlay. Separately, the exercise of options led to Li receiving 13,935 Class A shares, also recorded at a price of $0.00.
Following the combination of these transactions on February 15, 2026, Li's holdings of Class A Common Stock held through a trust total 87,677 shares. An additional 56,571 shares are held by the Li-Hegeman Family Foundation.
Contextual market details in the filing note that Meta's market capitalization is $1.63 trillion, and that the stock was trading near its Fair Value estimate, according to InvestingPro. At the time of the reported sale, the trading price was $643.22 - slightly above the $639.77 execution price for the transactions described.
These insider filings come amid a flurry of developments at Meta. The company has introduced a new AI-driven feature on its Threads platform called "Dear Algo," which lets users temporarily tailor their feeds by creating a public post that begins with that phrase to request more or less content on specific topics. The product move appears alongside regulatory pressures: Spanish authorities have opened an investigation into Meta, X and TikTok over allegations related to the spread of AI-generated child sexual abuse material.
The Spanish probe forms part of a broader European regulatory tightening that targets a range of issues for large technology companies, including alleged anti-competitive behavior and the use of addictive features. The filings also reference industry earnings: AppLovin Corp reported a strong fourth quarter, beating sales expectations driven by demand for advertising services and AI-powered tools, but its guidance for the first quarter fell short of investor hopes, raising questions about competition from major tech platforms and newer advertising entrants.
Taken together, the equity moves by Meta's CFO and the surrounding product and regulatory developments highlight an active period for the company on multiple fronts - corporate compensation activity, product innovation, and increased oversight by European regulators.