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.

Related Stories
Mediabistro Course

Web Analytics

Web AnalyticsStarting July 30, master Google Analytics to build traffic and increase sales for your brand! In this course, you'll learn how to use metrics to develop a digital strategy for your business, determine what to look for in analytics reports, use your findings to improve your online initiatives and more. Register now!