Facebook board member Jim Breyer of Accel Partners sold 2.52 million Facebook shares, netting him $74.1 million, according to reports.
Bloomberg cited a Securities and Exchange Commission filing in reporting the sale, adding that Breyer still holds more than 19 million shares in the social network.
Breyer also sold 3,563,387 class-A Facebook shares at a weighted average price of $22.7736 per share at or around Oct. 25.
Lisa Raphael (left), the social media producer at Katie Couric's daytime talk show Katie, is one of our featured speakers in Mediabistro's upcoming