Facebook Stock Moves: Donation, Sales, Revision

WallStreetStreetsign650The Securities and Exchange Commission was on the receiving end of a flurry of Facebook filings Friday, as Chief Technology Officer Mike Schroepfer donated shares to a charitable entity; Vice President of Business and Marketing Partnerships David Fischer and Chief Financial Officer David Ebersman sold off more shares; and Chief Accounting Officer Jas Athwal amended an earlier Form 4 filing.

Schroepfer donated 50,000 shares of Facebook class-A common stock to a charitable entity, and he now holds 291,929 shares in the company.

Fischer sold two parcels of 18,000 class-A shares apiece, at $67.05 and $67.73 per share, respectively, and he now holds 486,796 shares of Facebook class-A common stock.

Ebersman sold 11,700 shares of Facebook class-A common stock at $67.73 apiece, and another 11,700 at $69.63 each, leaving him with 316,731.

And Athwal filed a Form 4/A, stating that he sold 11,591 class-A shares at $66.92 apiece, leaving him with 136,623. He had originally reported selling 11,610 and holding 136,604 following the transaction.

Images courtesy of Shutterstock.

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