Meta Platforms 8-K

Summary

President and Vice Chairman appointment. Meta appointed Dina Powell McCormick effective 1/12/2026; she previously served on Meta’s board and as an external advisor.

Key Figures

• Annual base salary: $1.0M; one-time cash sign-on bonus: $2.0M; target bonus: 200% of base salary.
• Initial RSU grant: $60.0M, subject to board approval; quarterly vesting over four years begins 5/15/2026, subject to continued service.
• If terminated without cause, or she resigns for good reason, before the second anniversary of her start date, she is eligible for a lump-sum cash payment equal to the value of the unvested portion of her existing RSU award that would have vested before that anniversary, subject to a release of claims.