Facebook Executives, Directors Reveal Trading Activities In Facebook Shares, RSUs

WallStreetNYSE650Facebook Chief Technology Officer Mike Schroepfer, Chief Product Officer Chris Cox, and Directors Marc Andreessen, Susan Desmond-Hellmann, Erskine Bowles, Donald Graham, Reed Hastings, and Peter Thiel revealed their activities with Facebook restricted stock units and shares in Form 4 filings Tuesday with the Securities and Exchange Commission.

Schroepfer exercised 18,750 RSUs that were set to expire Aug. 25, 2019, and another 20,000 that were set to expire Jan. 11, 2019. He then sold 9,784 shares of class-A common stock in Facebook at $64.0043 per share, and another 20,000 shares at $64.10 apiece. Schroepfer now holds 191,451 shares in the company.

Cox exercised 9,375 RSUs that were set to expire Aug. 25, 2019, and another 9,375 that were set to expire Aug. 18, 2019. He then sold 4,892 class-A shares at $64.0087 apiece, and another 9,375 at $64.17. Cox now holds 579,334 Facebook shares.

And Andreessen, Desmond-Hellmann, Bowles, Graham, Hastings, and Thiel were each awarded 4,993 RSUs that expire May 14, 2024.

Images courtesy of Shutterstock.

Related Stories
Mediabistro Course

Social Media Metrics

Social Media MetricsStarting September 4, work with a social media manager to monitor, measure and optimize your social media efforts! Danielle Brigida will teach you how to sift through web analytics, Facebook Insights, and Twitter mentions to develop a comprehensive reporting and tracking system for your brand. Register now!