Mike Schroepfer Sells 25K Facebook Shares

WallStreetStreetsign650Facebook Chief Technology Officer Mike Schroepfer announced in a Form 4 filing with the Securities and Exchange Commission Wednesday that he sold off 25,000 shares of class-A common stock in the company.

Schroepfer sold the shares at $67.17 apiece, and he now holds 225,892 shares of Facebook class-A common stock.

Director Marc Andreessen also revealed in a Form 4 filing that the Andreessen 1996 Living Trust received 428 class-A Facebook shares from Benchmark Founders Fund IV, and the trust now holds 3,234,497 shares in the company.

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!