Facebook CTO Mike Schroepfer Sells 270K Shares

With Facebook’s stock price steadily inching up since its second-quarter earnings report, Chief Technology Officer Mike Schroepfer became the latest high-level executive to unload some of his shares in the company.

According to a Form 4 filing Monday with the Securities and Exchange Commission, Schroepfer sold 150,000 class-A shares of Facebook common stock at $33.51 apiece, and another 120,000 at $34.4049 each.

Schroepfer currently holds 786,689 class-A Facebook shares.

Readers: Do you expect more Facebook executives to sell off shares if the company’s stock price remains on an uptick?

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