David Ebersman, Mike Schroepfer, Colin Stretch Exercise Facebook Restricted Stock Units

Facebook Chief Financial Officer David Ebersman, Chief Technology Officer Mike Schroepfer, and Vice President and General Counsel Colin Stretch revealed in Form 4 filings with the Securities and Exchange Commission Tuesday that they exercised restricted stock units from the social network.

Ebersman exercised 112,500 RSUs that were set to expire Oct. 25, 2019, and, following the withholding of 58,703 class-A shares by Facebook to satisfy income tax withholding and remittance obligations, he received 53,797 shares of class-A common stock. Ebersman now holds 108,865 shares.

Schroepfer exercised 18,750 RSUs that were set to expire Aug. 25, 2019, and, following the withholding of 9,784 class-A shares by Facebook to satisfy income tax withholding and remittance obligations, he received 8,966 shares of class-A common stock. Schroepfer now holds 622,253 Facebook class-A shares.

And Stretch exercised 8,330 RSUs that were set to expire May 19, 2020, and, following the withholding of 4,347 class-A shares by Facebook to satisfy income tax withholding and remittance obligations, he received 3,983 shares of class-A common stock.

Stretch also sold 4,332 shares at $42.50 apiece, and he now holds 58,935.

Image courtesy of Shutterstock.

Related Stories
Mediabistro Course

Instagram Marketing

Instagram MarketingStarting October 27, learn how to gain likes and followers on one of the most popular social media platforms! In this course, you'll learn how to develop an Instagram strategy that will make your profile stand out and gain new followers, tell your brand's story through photos, and use your profile to drive your sales and business objectives. Register now!