Meta Awards Executives Options Tied to 88% Gain, $9 Trillion Valuation Target
Meta granted top executives stock options requiring at least an 88.2% share price gain to unlock the first tranche and a sixfold jump to reach a $9 trillion valuation by February 14, 2028. Unvested options vest through August 15, 2030, expire in March 2031, and recipients received $170 million restricted stock awards.
1. Option Structure and Milestones
Meta granted its top executive team stock options in two performance-based tranches. The first tranche vests on an 88.2% share price increase to $1,116.08, while the second requires a sixfold rise to $3,727.12, implying a market cap above $9 trillion.
2. Vesting Schedule and Expiry
Executives must meet price targets by February 14, 2028, for full vesting. If targets are unmet, unvested options vest in installments through August 15, 2030, and any remaining options expire in March 2031.
3. Executive Recipients and Additional Awards
CFO Susan Li, tech head Andrew Bosworth, product chief Chris Cox, operations boss Javier Olivan, President Dina Powell McCormick and CLO Curtis Mahoney are eligible for the options. All except McCormick and Mahoney also received $170 million in restricted stock awards vesting quarterly; the chief accounting officer received restricted stock only.