Five Facebook Executives Report Stock Moves

WallStreet650The Securities and Exchange Commission received a host of Form 4 filings from Facebook’s headquarters in Menlo Park, Calif., Tuesday, as Vice President of Business and Marketing Partnerships David Fischer, Chief Financial Officer David Ebersman, Chief Technology Officer Mike Schroepfer, Chief Accounting Officer Jas Athwal, and Vice President and General Counsel Colin Stretch detailed their trading activities involving the company’s stock.

Fischer exercised 117,950 restricted stock units that were set to expire May 19, 2020, and, following the withholding of 61,547 class-A shares by Facebook to satisfy income tax withholding and remittance obligations, he received 56,403 shares of class-A common stock. Fischer now holds 537,485 shares.

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 693,059 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.

He then sold 25,000 shares at $48.46 apiece, leaving him with 633,952 class-A common shares in Facebook.

Athwal exercised 7,085 RSUs that were set to expire Aug. 25, 2020, and, following the withholding of 3,697 class-A shares by Facebook to satisfy income tax withholding and remittance obligations, he received 3,388 shares of class-A common stock.

He also exercised 516 RSUs that were set to expire May 2, 2022, and, following the withholding of 270 class-A shares by Facebook to satisfy income tax withholding and remittance obligations, he received 246 shares of class-A common stock.

Finally, Athwal sold 10,000 shares at $48.46 each, leaving him with 150,079.

And Stretch exercised 8,335 RSUs that were set to expire May 19, 2020, and, following the withholding of 4,350 class-A shares by Facebook to satisfy income tax withholding and remittance obligations, he received 3,985 shares of class-A common stock. Stretch now holds 45,843 shares in the company.

Images courtesy of Shutterstock.

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