Sheryl Sandberg Sells More Facebook Shares

SherylSandberg650Facebook Chief Operating Officer Sheryl Sandberg continued to dispose of shares in the company, while Chief Product Officer Chris Cox and Chief Accounting Officer Jas Athwal also sold off some smaller chunks.

Sandberg reported in a Form 4/A filed with the Securities and Exchange Commission Wednesday that she sold 228,958 shares of class-A common stock in Facebook at $63.436 per share June 5, and another 54,736 shares at $64.0995 apiece.

She also reported in a Form 4 that she sold 283,334 class-A shares at $68.095 each, leaving her with a total of 7,305,538 Facebook shares.

Cox exercised 11,371 restricted stock units that were set to expire Aug. 25, 2019. He then sold 5,934 Facebook class-A common shares at $67.7724 per share, leaving him with a total of 580,288.

And Athwal sold 3,000 class-A shares at $67.58 each. He now holds 129,166 shares of class-A common stock in Facebook.

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