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

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!