David Ebersman Sells 500K+ Facebook Shares

WallStreetNYSE650Facebook Chief Financial Officer David Ebersman continued to unload stock in the company, reporting the sale of more than 500,000 class-A common shares in a Form 4 filing with the Securities and Exchange Commission Thursday.

Ebersman sold 500,000 class-A shares of common stock in Facebook at $50.0193 apiece, as well as two blocks of 11,700 shares each, at $48.59 and $50.55, respectively.

He now holds 146,259 shares in the company.

Wall St. image courtesy of Shutterstock.

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