Mike Schroepfer Sells, Donates Facebook Shares

WallStreetNYSE650Facebook Chief Technology Officer Mike Schroepfer sold 25,000 shares of class-A common stock in the company and donated another 200,000 to an unspecified charitable entity, according to a Form 4 filing with the Securities and Exchange Commission Thursday.

Schroepfer unloaded 25,000 shares at $54.90 apiece, and, factoring in the 200,000-share donation, he now holds 367,918 shares of Facebook class-A common stock.

Wall St. image courtesy of Shutterstock.

Related Stories
Mediabistro Course

Facebook Marketing

Facebook MarketingStarting Janaury 13, work with the group marketing manager of social media at Microsoft/BingAds to build a fan base and grow your business on Facebook! In this course, Geoffrey Colon will teach you how to set up and enhance your company page, understand best practices and measuring your success, execute a monthly content strategy, and incorporate Facebook into your overall marketing efforts. Register now!