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.

Related Stories
Mediabistro Course

Blogging: Analytics, SEO, and Content

Blogging: Analytics, SEO, and ContentWork with the former marketing director at Conde Nast Digital to improve your search rankings, integrate social, and increase traffic to your blog! Starting November 5, Jim Hopkinson will teach you how to analyze KPIs, monetize your blog through ads, sponsorships, and affiliates, and leverage your blog toward a larger platform such as publishing, speaking, or consulting. Register now!