secwatch.observer — SEC 8-K summary
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Issuer:     Meta Platforms, Inc. (META)
CIK:        0001326801
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001326801-23-000023
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Meta boosts Zuckerberg security allowance to $14M; CFO Li salary set at $900K
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- Annual pre-tax security allowance for CEO Mark Zuckerberg increased to $14M from $10M, effective immediately.
- Committee cited specific safety threats due to his role as founder, Chairman, and CEO.
- Newly appointed CFO Susan Li's annual base salary raised to $900,000, effective Feb 27, 2023.
- Zuckerberg receives only $1 salary, no bonuses or equity awards; allowance covers personal security costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1326801/000132680123000023/0001326801-23-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1326801/000132680123000023/meta-20230209.htm
  HTML page:      https://secwatch.observer/filing/0001326801-23-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer