David Ebersman, Mike Schroepfer Sell Facebook Shares

WallStreetStreetsign650Outgoing Facebook Chief Financial Officer David Ebersman and Chief Technology Officer Mike Schroepfer announced in Form 4 filings with the Securities and Exchange Commission Friday that they sold off shares in the company.

Ebersman unloaded 11,700 shares of Facebook class-A common stock at $63.38 per share, and another 11,700 at $63.86 apiece, leaving him with a total of 328,030 shares in the company.

And Schroepfer exercised 20,000 restricted stock units that were set to expire Jan. 11, 2019. He then sold 20,000 class-A shares at $63.38, leaving him with a total of 182,485 shares of Facebook class-A common stock.

Image courtesy of Shutterstock.

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