$META · Meta Platforms, Inc.

Meta Platforms, Inc. reported that on October 26, 2026, it agreed to sell 250 million Series A depositary shares through underwriters led by Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC. Each depositary share represents a one-twentieth interest in a share of 6.50% Series A Mandatory Convertible Preferred Stock with a $1,000 liquidation preference. The underwriters also received a 30-day option to purchase up to 37.5 million additional depositary shares to cover over-allotments. The sale closed on October 29, 2026.

To implement the offering, Meta filed certificates of designations with the Delaware Secretary of State on October 28, 2026, establishing the preferred stock’s terms, and entered into a deposit agreement with Computershare Trust Company, N.A. and Computershare Inc. as depositary for the depositary shares. The offering was made under a shelf registration statement on Form S-3. The filing also references a common stock offering in connection with forward sale agreements.