Colin Stretch Sells More Facebook Shares

With Facebook’s stock price finally surging past its initial public offering tag of $38 per share and topping the $40 mark, Vice President and General Counsel Colin Stretch continued to sell off shares in the social network.

According to a Form 4 filing Tuesday with the Securities and Exchange Commission, Stretch sold 29,177 shares of class-A common stock in Facebook at $43.08, along with another 2,397 at $44.25.

Stretch now holds 59,284 class-A common Facebook shares.

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