Key insights
- Meta's CTO, Andrew Bosworth, sold $4.77M in shares under a pre-arranged trading plan. This was partially offset by RSU vesting. Wolfe Research named Meta a top internet sector pick. Meta is offering rival AI chatbots free WhatsApp access for a month in response to EU antitrust concerns. The stock trades near the low end of Bosworth's sale range, with InvestingPro suggesting it's undervalued. The insider selling and EU regulatory pressure create a slightly negative signal.
Andrew Bosworth, Chief Technology Officer at Meta Platforms, Inc. (NASDAQ:META), recently sold Class A Common Stock totaling approximately $4,769,642.
These sales involved 7,847 shares, executed on May 18, 2026, at prices ranging from $603.96 to $611.87 per share. The transactions were carried out under a Rule 10b5-1 trading plan adopted by Bosworth on January 31, 2025. Meta’s stock currently trades at $602.61, near the lower end of Bosworth’s sale range, while InvestingPro analysis suggests the stock remains undervalued with a Fair Value of $648.38—placing it among opportunities on the most undervalued stocks list.
Prior to these sales, on May 15, 2026, Bosworth acquired 16,388 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs). These RSUs converted into Class A Common Stock without an exercise price.
Concurrently, 8,127 shares of Class A Common Stock, valued at $618.43 per share, were withheld by Meta Platforms on May 15, 2026, to cover income tax obligations related to the RSU settlements. This withholding, totaling $5,025,980, does not represent a market sale by Bosworth.
Following these transactions, Andrew Bosworth directly holds 414 shares of Meta Platforms Class A Common Stock. Additionally, 69,170 shares are held indirectly through the Andrew Bosworth Living Trust. For deeper insights into Meta’s financial health and valuation, InvestingPro offers exclusive tips and comprehensive metrics for informed investment decisions.
In other recent news, Meta Platforms announced it will offer rival AI chatbots free access to WhatsApp for one month, a decision made in response to European Union antitrust regulators. The EU Commission had indicated it might require Meta to open WhatsApp to competing AI chatbots, and the Commission responded positively to Meta’s announcement. Meanwhile, Wolfe Research has highlighted Meta, along with Amazon, DoorDash, and Chewy, as top picks in the internet sector over the next 12 months. The firm noted that first-quarter earnings have concluded, and investors are now focusing on geopolitical tensions and developments in artificial intelligence.
Additionally, the European Union plans to introduce regulations targeting addictive features on social media platforms like TikTok and Instagram. The EU is also examining Meta for allegedly not enforcing its minimum age requirement on Instagram and Facebook. In another development, the Federal Trade Commission has reminded technology companies to comply with the Take It Down Act by May 19, which mandates a process for the removal of non-consensual intimate images. Lastly, Elon Musk, Larry Fink, and David Solomon are set to join a U.S. delegation to China, which includes executives from Boeing and GE Aerospace.
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