The 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.
Facebook Director Marc Andreessen shed substantial blocks of stock in the company, and Vice President of Business and Marketing Partnerships David Fischer also unloaded some shares, according to Form 4 filings with the Securities and Exchange Commission Friday.
Facebook Vice President of Business and Marketing Partnerships David Fischer and VP and General Counsel Colin Stretch detailed their sales of stock in the social network in Form 4 filings with the Securities and Exchange Commission Thursday.
Facebook returns as a sponsor of Advertising Week, which is set for Sept. 23 through 27 in New York, and several executives from the social network will be featured on panels during the event.
Facebook Chief Marketing Officer David Fischer is thinking global, saying at K8: Kenshoo Global Client Summit in Sausalito, Calif., Monday that as the social network’s user base increases in countries, ad revenue growth is rising in tandem.
Facebook-owned photo-sharing network Instagram now boasts more than 150 million monthly active users, and if Director of Business Operations Emily White gets her way, Instagram will soon be able to boast about generating advertising revenue, as well.
Facebook kept the Securities and Exchange Commission busy late Thursday, following up its Form 8-K filing — in which it announced a five-year senior unsecured revolving credit facility with JPMorgan Chase, allowing it to borrow up to $6.5 billion — with Form 4 filings by Chief Marketing Officer David Fischer, Vice President and General Counsel Colin Stretch, and Chief Accounting Officer Jas Athwal.
The next big revenue-driver for Facebook will likely be its long-rumored introduction of video ads, but the social network has made no official announcements on when that product will debut, and sources close to the situation are all over the place with their guesses on the topic.
Facebook Vice President of North American Sales Tom Arrix announced in a post on his Facebook page that he is leaving the company, and AllThingsD reported that VP of Global Marketing Solutions Carolyn Everson will handle Arrix’s duties until a replacement is named.