David Ebersman Sells More Facebook Shares

Facebook Chief Financial Officer David Ebersman continued to sell off shares in the company as they hovered around the $40 mark.

In a Form 4 filing with the Securities and Exchange Commission Friday, Ebersman revealed that he sold two blocks of 11,700 shares of Facebook class-A common stock, at $39.97 and $40.90 per share, respectively.

Ebersman now holds 55,068 Facebook class-A shares.

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!