Meta grants stock options to five executives with strike prices requiring $9.46 trillion valuation, as company expects capex between $115 billion and $135 billion in 2026

Meta's board granted sweeping executive compensation awards to Andrew Bosworth (chief technology officer), Christopher Cox (chief product officer), Susan Li (chief financial officer), Curtis Mahoney (chief legal officer), and Dina Powell McCormick (president and vice chairman). Each received seven tranches of stock options with exercise prices ranging from $1,116 to $3,727 per share; the highest tranche would become profitable only if Meta reaches a market capitalization of $9.46 trillion.

If the stock price reaches the uppermost ceiling, the options would be worth $625,592,443 per executive according to Equilar figures. Combined payouts including restricted stock unit grants would range from $787 million to $921 million. The board deliberately selected this group because Meta believes they are critical to its AI ambitions.

Meta is set to report Q1 2026 earnings on Wednesday with capex expected to rise to between $115 billion and $135 billion this year as the company focuses on Superintelligence Labs. Analysts expect Meta to report Q1 revenue near $55.5 billion, up roughly 31% year-over-year, and earnings of $6.68 per share.