Mike Schroepfer Donates Facebook Shares; David Wehner, Susan Desmond-Hellmann Sell Some

WallStreetBull650Facebook Chief Technology Officer Mike Schroepfer donated 40,000 shares of class-A common stock in the company to a charitable entity, while Chief Financial Officer David Wehner and Director Susan Desmond-Hellmann sold off some of their Facebook holdings, the three insiders reported in Form 4 filings Friday with the Securities and Exchange Commission.

Schroepfer now holds 230,401 shares of class-A common stock in Facebook.

Wehner sold 11,533 class-A shares at $74.96 per share, leaving him with no remaining Facebook shares.

And Desmond-Hellmann disposed of 625 shares at $74.96 apiece, leaving her with 11,284 shares of Facebook class-A common stock.

Images courtesy of Shutterstock.

Related Stories
Mediabistro Course

Facebook Marketing

Facebook MarketingStarting Janaury 13, work with the group marketing manager of social media at Microsoft/BingAds to build a fan base and grow your business on Facebook! In this course, Geoffrey Colon will teach you how to set up and enhance your company page, understand best practices and measuring your success, execute a monthly content strategy, and incorporate Facebook into your overall marketing efforts. Register now!